Boeing increases share buyback, raises dividend 20%

Boeing unveiled Monday a $14 billion share buyback program and boosted its quarterly dividend as the US aerospace giant shared its bounty with investors from strong demand for its jetliners. The Chicago-based company said it would pay investors a $1.09 dividend for the quarter under way, a 20 percent increase from a year ago. In addition, Boeing will embark on a new $14 billion share repurchase program that replaces the $12 billion buyback approved last December, of which $5.25 billion remained.