L3Harris Technologies Dividends and Buybacks
Dividend criteria checks 5/6
L3Harris Technologies is a dividend paying company with a current yield of 1.87% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
1.9%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | €4.275 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HRS's dividends per share have been stable in the past 10 years.
Growing Dividend: HRS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| L3Harris Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HRS) | 1.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast (HRS) (up to 3 years) | 2.0% |
Notable Dividend: HRS's dividend (1.87%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: HRS's dividend (1.87%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), HRS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), HRS's dividend payments are well covered by cash flows.