RTX (RTX) Declares Its Dividend, Is It Still A Bargain?

RTX dividend decision puts income and defense themes in focus

RTX Corporation (RTX) has drawn fresh attention after its board declared a quarterly dividend of US$0.73 per share, payable on December 10, 2026, to investors of record on November 20.

RTX’s share price has eased in the very short term, with a 1-day share price return of 1.22% down and a 7-day share price return of 6.54% down, even as recent DeepStrike JR3 test progress and ETF selling flow sit against a longer backdrop where 1-year total shareholder return is 7.44% and the 3-year total shareholder return is more than double at over 2.4x.

Scan other defense and aerospace income plays that are reacting to similar ETF flows and contract headlines with our hand picked 31 resilient stocks with low risk scores list.

RTX now sits between two stories. Recent ETF selling and price pressure suggest sentiment is cooling, while dividend consistency and broad defense exposure point back to fundamentals. Which one are investors really paying for today?

Most Popular Narrative: 17% Undervalued

RTX closed at $189.53 while the analyst consensus Narrative on Simply Wall St anchors fair value closer to $228.83. This frames the current dividend yield against a model that uses an 8.31% discount rate and detailed revenue and earnings forecasts.

RTX’s record backlog of US$289b, supported by a Raytheon rolling 12 month book to bill of 1.77 and US$19.9b of quarterly awards for systems such as Patriot, AMRAAM, AIM 9X and LTAMDS, points to multi year conversion of contracted demand into revenue and segment operating profit that some investors may not yet fully reflect in valuations.

See why 234 investors see RTX as 17% undervalued.

Result: Fair Value of $228.83 (UNDERVALUED)

Still, RTX faces clear tripwires, including heavy reliance on government defense budgets and the risk that large 2026 capex and R&D spending fail to deliver expected capacity gains.

Find out about the key risks to this RTX narrative.

Next Steps

Mixed on RTX after all this, or leaning firmly one way? Move quickly, get familiar with the full context, and weigh up the 4 key rewards and 1 important warning sign.

Looking for more investment ideas beyond RTX?

If RTX has your attention, do not stop there. Broader context across sectors helps you compare income, quality, and potential total return opportunities with more confidence.

• Target resilient balance sheets and steady fundamentals by scanning our curated list of solid balance sheet and fundamentals (25 results) for candidates that may better align with your risk comfort.
• Hunt for quality at a price that makes sense by checking the 40 high quality undervalued stocks that filters for strength without ignoring valuation discipline.
• Build a portfolio that works harder for your cash income by reviewing the 7 dividend fortresses before the next round of payout dates passes you by.

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