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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.