Industry news: Boeing $10 billion share buyback and dividend increase

Airplane in the sky

Boeing’s board of directors recently approved a $10 billion share buyback and an increase in their quarterly dividend of 50 percent. Upon the release of the news, I chatted with Forbes reporter Maggie McGrath to discuss what the dividend announcement means for the company, and for investors.

I was surprised by the size of the dividend increase, and told Ms. McGrath that a portion of the dividend increase will likely by funded by state subsidies being offered for construction of a plant to produce the new 777X.

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