RTX Corporation
RTX33 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.51%
Annual Dividend
$2.92
Payout Ratio
51%
5-Yr Growth
7.2%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of July 2026, RTX Corporation (RTX) yields 1.51% ($2.92 per share annually), with a blended fair-value estimate of $116.71 — -40% downside, so it screens as overvalued. Dividend safety grade: A (95/100). 33 years of dividend growth.
Is RTX a good dividend stock?
YesRTX Corporation (RTX) pays a quarterly dividend yielding 1.51% ($2.92/yr), with 33 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 33 consecutive years of growth
- Comfortable payout ratio (51%)
- Strong 7.2% 5-yr dividend growth
- 128% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 1992
Key Data
- Dividend Yield
- 1.51%
- Payout Ratio
- 51%
- Annual Dividend
- $2.92
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 33
- Frequency
- quarterly
- Beta
- 0.30
- Market Cap
- $261.8B
- P/E Ratio
- 36.3
- 5-Yr Total Return
- 128%
- 52-Week Range
- $143.56 – $214.50
- Dividend Safety
- A · 95/100
- Ever Cut?
- Yes (1992)
Frequently Asked Questions
RTX Price — Last 12 Months
Daily close
Price Return
1 Year
+22%
3 Years
+125%
5 Years
+128%
52-Week Range
$143.56 – $214.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RTX worth?
Overvaluedhigh confidenceOur blended fair-value estimate for RTX Corporation is $116.71 per share, versus a market price of $193.51. That implies 40% of downside.
Fair Value
$116.71
Current Price
$193.51
Downside
-40%
Margin of Safety
-66%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 10.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 10.7% stage-1 growth, 2.5% terminal growth, $5.32 EPS, $2.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RTX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $0.7300 | regular |
| Feb 20, 2026 | — | $0.6800 | regular |
| Nov 21, 2025 | — | $0.6800 | regular |
| Aug 15, 2025 | — | $0.6800 | regular |
| May 23, 2025 | — | $0.6800 | regular |
| Feb 21, 2025 | — | $0.6300 | regular |
| Nov 15, 2024 | — | $0.6300 | regular |
| Aug 16, 2024 | — | $0.6300 | regular |
| May 16, 2024 | — | $0.6300 | regular |
| Feb 22, 2024 | — | $0.5900 | regular |
| Nov 16, 2023 | — | $0.5900 | regular |
| Aug 17, 2023 | — | $0.5900 | regular |
| May 18, 2023 | — | $0.5900 | regular |
| Feb 23, 2023 | — | $0.5500 | regular |
Income Calculator
At $2.92 / yr per share
