Will Boeing Split Its Stock in 2018?

Will Boeing Split Its Stock in 2018?

Demand for commercial airliners has never been higher, and Boeing (NYSE: BA) has claimed its fair share of orders from airlines and other purchasers flush with cash from the industry's success. Just in 2017 alone, Boeing's share price has soared by 70%, and with a single share fetching more than $260 at this writing, the stock has more influence within the price-weighted Dow Jones Industrial Average (DJINDICES: ^DJI) than any of the other 29 components in the Dow.

Many investors have thought that Boeing would look closely at doing a stock split because of the huge rise its shares have seen lately. Yet longtime shareholders have waited more than 20 years without seeing a split, and a few skeptics believe that Boeing might never split its stock again. Let's look more closely at Boeing to see whether 2018 is likely to bring a change of heart from the aircraft manufacturing giant.

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Source: Fool.com