L3Harris Technologies Inc (NYSE:LHX) Announces $1.25 Quarterly Dividend

L3Harris Technologies Inc (NYSE:LHX) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Friday, September 4th will be paid a dividend of 1.25 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 4th.

L3Harris Technologies has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 24 consecutive years. L3Harris Technologies has a dividend payout ratio of 41.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect L3Harris Technologies to earn $13.52 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 37.0%.

L3Harris Technologies Stock Up 5.1%

Shares of LHX opened at $299.83 on Friday. L3Harris Technologies has a one year low of $262.98 and a one year high of $379.23. The company has a market cap of $55.86 billion, a P/E ratio of 32.56, a P/E/G ratio of 1.44 and a beta of 0.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.03 and a quick ratio of 0.89. The firm has a 50 day simple moving average of $299.43 and a two-hundred day simple moving average of $328.78.

L3Harris Technologies (NYSE:LHX) last issued its earnings results on Thursday, April 30th. The company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.19. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.42 billion. During the same quarter last year, the business posted $2.41 EPS. The company’s revenue was up 11.9% compared to the same quarter last year. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. Research analysts forecast that L3Harris Technologies will post 11.54 EPS for the current fiscal year.

About L3Harris Technologies

L3Harris Technologies (NYSE: LHX) is an American aerospace and defense company formed in 2019 through the combination of L3 Technologies and Harris Corporation. Headquartered in Melbourne, Florida, the company designs, manufactures and supports a broad range of technology solutions for government and commercial customers, with a particular emphasis on defense, intelligence and public safety applications.

The company’s offerings span communications systems, avionics, electronic warfare, intelligence, surveillance and reconnaissance (ISR) sensors, space systems and mission integration.