L3Harris Technologies Dividend
Dividend criteria checks 5/6
L3Harris Technologies is a dividend paying company with a current yield of 2.16% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.2%
Dividend yield
74%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | R$6.18 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: L1HX34's dividends per share have been stable in the past 10 years.
Growing Dividend: L1HX34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| L3Harris Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (L1HX34) | 2.2% |
| Market Bottom 25% (BR) | 2.1% |
| Market Top 25% (BR) | 8.8% |
| Industry Average (Aerospace & Defense) | 1.4% |
| Analyst forecast in 3 Years (L1HX34) | 2.5% |
Notable Dividend: L1HX34's dividend (2.16%) is higher than the bottom 25% of dividend payers in the BR market (2.11%).
High Dividend: L1HX34's dividend (2.16%) is low compared to the top 25% of dividend payers in the BR market (8.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74%), L1HX34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.6%), L1HX34's dividend payments are covered by cash flows.