L3Harris Technologies Dividend
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 | 2.1% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | US$4.640 |
| Payout ratio | 73% |
Recent dividend updates
Recent updates
Some Investors May Be Willing To Look Past L3Harris Technologies' (NYSE:LHX) Soft Earnings
Nov 01
L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 28Mission-Critical Dividends: Why L3Harris Stands Out In My Portfolio
Oct 25L3Harris Technologies: A Mispriced Gem Among U.S. Defense Stocks
Oct 02An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 47% Undervalued
Oct 02L3Harris: Not Only About Defense Spending But Also Going Commercial
Sep 13L3Harris: A Must-Own Stock In A World Of Growing Defense Budgets
Aug 31Here's Why L3Harris Technologies (NYSE:LHX) Can Manage Its Debt Responsibly
Aug 12Cash Flow King - L3Harris Remains A Significantly Undervalued Dividend Growth Gem
Aug 09L3Harris Q2 Earnings Preview: Can The Outperformance Continue
Jul 22With L3Harris Technologies, Inc. (NYSE:LHX) It Looks Like You'll Get What You Pay For
Jul 14Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
Jul 09Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 41%?
May 28L3Harris Technologies: Future Dividend Aristocrat With Strong Annual Return Potential
Apr 26Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?
Apr 20L3Harris 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 24Upcoming 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) | 1.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Aerospace & Defense) | 1.5% |
| Analyst forecast (LHX) (up to 3 years) | 2.1% |
Notable Dividend: LHX's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: LHX's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (4.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), LHX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), LHX's dividend payments are well covered by cash flows.