United Technologies raises dividend to 58.9 cents

United Technologies raises quarterly dividend 10 percent, to 58.9 cents from 53.5 cents

HARTFORD, Conn. (AP) -- Defense contractor United Technologies Corp. said Wednesday it raised its quarterly dividend to 58.9 cents from 53.5 cents.

The company's next dividend is payable Dec. 10 to shareholders of record as of Nov. 15.

Its shares 24 cents to $103 in late afternoon trading.

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