L3Harris (LHX) Rewards Shareholders With 1.8% Dividend Hike

L3Harris Technologies (LHX) recently announced that the board of directors has approved a 1.8% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.16, payable on Mar 22, 2024, to shareholders of record at the close of business on Mar 8.L3Harris has been consistently increasing dividends for 23 years. The company’s new annualized dividend rate is$4.64 per share, resulting in an annualized dividend yield of 2.19%, based on its share price of $211.74 as of Feb 27, 2024. The curr ...