Photographer: David Ryder/Bloomberg

Boeing Slows 777 Wide-Body Output, Boosts Dividend by 30%

Updated on
  • Planemaker tells employees it will have to cut some jobs
  • Dividend of $1.42 a share exceeds analysts’ estimates

Boeing Co. gave investors bad news and good news as it unveiled deeper cuts to one of its biggest money-makers, the 777 jetliner -- and then announced a 30 percent dividend hike.

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