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March 24, 2011

Raytheon Ups Dividend

Raytheon Co., the Waltham-based defense contractor with operations in Central Massachusetts, increased its annual dividend to $1.72 per share, up from $1.50 last year.

The company's board also authorized a quarterly dividend of 43 cents per share.

Raytheon said this is the seventh year in a row that it has increased its dividend.

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