By Sabela Ojea
L3Harris Technologies boosted its quarterly dividend 3.4%.
The defense contractor on Friday said that its board of directors approved the increase in its quarterly payout to $1.20 per share from $1.16 previously.
The new payout, equal to $4.80 annually, represents a yield of 2.3% based on the company's last closing price of $204.90.
The dividend will be paid March 21 to shareholders of record as of March 10.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 28, 2025 14:30 ET (19:30 GMT)
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