L3Harris Technologies Dividend
Dividend criteria checks 5/6
L3Harris Technologies is a dividend paying company with a current yield of 2.2% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
2.2%
Dividend yield
74%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 18 Jun 24 |
| Ex dividend date | 04 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$6.18 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
L3Harris Technologies: Future Dividend Aristocrat With Strong Annual Return Potential
Apr 26Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?
Apr 20
L3Harris Technologies: Defensive Qualities Have To Come Through
Apr 18L3Harris Technologies, Inc. (NYSE:LHX) Not Flying Under The Radar
Apr 05L3Harris Technologies (NYSE:LHX) Is Increasing Its Dividend To $1.16
Feb 26L3Harris Technologies: My Favorite Dividend Growth Stock Continues To Fire On All Cylinders
Feb 11Is L3Harris Technologies, Inc. (NYSE:LHX) Trading At A 45% Discount?
Jan 30Is L3Harris Technologies (NYSE:LHX) A Risky Investment?
Jan 10L3Harris Technologies: Unlocking Value In The Defense Industry
Jan 0714% Annual Return Potential: L3Harris Is My Favorite Dividend Stock Going Into 2024
Dec 20L3Harris Technologies, Inc.'s (NYSE:LHX) Popularity With Investors Is Clear
Dec 20L3Harris Technologies: Looking Solid Heading Into 2024
Dec 06With Significant Potential, L3Harris Remains My Favorite Deep Value Dividend Stock
Nov 20L3Harris Q3: Widening Valuation Gap Despite Solid Execution, On-Track Aerojet Integration
Nov 03L3Harris: Why It's Time For Buyers To Catch This Falling Knife
Oct 18L3Harris: Trading At A Discount Despite Favorable Competitive Positioning And M&A Upside
Oct 04L3Harris Growth Prospects Take Off With Space Wins And Defense Spending
Sep 15Up To 50% Undervalued - Why L3Harris Has Become My Favorite Dividend Growth Stock
Sep 06L3Harris: The Secrets Of Becoming A New Defense Star (And A Caveat)
Aug 28Does L3Harris Technologies (NYSE:LHX) Have A Healthy Balance Sheet?
Aug 24L3Harris Has Become A Strong Buy After Stellar Q2 Earnings
Jul 27L3Harris Technologies: A Compelling Defense Giant On Sale
Jun 30An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 37% Undervalued
Jun 13L3Harris: The Missing Narrative Tailwind
Jun 09L3Harris Technologies (NYSE:LHX) Has A Pretty Healthy Balance Sheet
May 25Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 48%?
Mar 13L3Harris Technologies raises dividend by 1.8% to $1.14/share
Feb 24Is L3Harris Technologies (NYSE:LHX) A Risky Investment?
Feb 23L3Harris: Revenue Beat With Defense Spending Tailwinds
Feb 01L3Harris Technologies Q4 2022 Earnings Preview
Jan 25L3Harris: You Need To Think Of The Dividend 5 Quarters Out
Jan 16Oh Boy, L3Harris Is Becoming An Impressive Defense Stock!
Dec 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LHX's dividends per share have been stable in the past 10 years.
Growing Dividend: LHX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| L3Harris Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LHX) | 2.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Aerospace & Defense) | 1.6% |
| Analyst forecast in 3 Years (LHX) | 2.4% |
Notable Dividend: LHX's dividend (2.2%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: LHX's dividend (2.2%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74%), LHX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.6%), LHX's dividend payments are covered by cash flows.