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L3Harris Technologies (L3Harris Technologies) Dividend Yield % : 2.22% (As of Apr. 25, 2024)


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What is L3Harris Technologies Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of L3Harris Technologies is 2.22%.

Warning Sign:

L3Harris Technologies Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for L3Harris Technologies's Dividend Yield % or its related term are showing as below:

LHX' s Dividend Yield % Range Over the Past 10 Years
Min: 1.25   Med: 1.91   Max: 3.1
Current: 2.22

During the past 13 years, the highest Dividend Yield of L3Harris Technologies was 3.10%. The lowest was 1.25%. And the median was 1.91%.

LHX's Dividend Yield % is ranked better than
76.81% of 138 companies
in the Aerospace & Defense industry
Industry Median: 1.015 vs LHX: 2.22

L3Harris Technologies's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.34.

During the past 13 years, the highest Dividend Payout Ratio of L3Harris Technologies was 0.56. The lowest was 0.34. And the median was 0.41.

As of today (2024-04-25), the Forward Dividend Yield % of L3Harris Technologies is 2.25%.

L3Harris Technologies's Dividends per Share for the three months ended in Dec. 2023 was $1.14.

During the past 12 months, L3Harris Technologies's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of L3Harris Technologies was 35.70% per year. The lowest was -40.70% per year. And the median was 12.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


L3Harris Technologies Dividend Yield % Historical Data

The historical data trend for L3Harris Technologies's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

L3Harris Technologies Dividend Yield % Chart

L3Harris Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.80 1.91 2.17 2.17

L3Harris Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 2.29 2.31 2.61 2.17

Competitive Comparison of L3Harris Technologies's Dividend Yield %

For the Aerospace & Defense subindustry, L3Harris Technologies's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


L3Harris Technologies's Dividend Yield % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's Dividend Yield % falls into.



L3Harris Technologies Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

L3Harris Technologies Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.1602024-03-072024-03-082024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 1.1402023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.1402023-09-012023-09-052023-09-19Cash DividendquarterlyUSD:USD 1.000000
USD 1.1402023-06-012023-06-022023-06-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

L3Harris Technologies's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.58/207.36
=2.21 %

Current Share Price is $207.36.
L3Harris Technologies's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.58.

L3Harris Technologies's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.64/207.36
=2.24 %

Current Share Price is $207.36.
L3Harris Technologies's Dividends per Share for the forward twelve months is calculated as $1.16 * 4 = $4.64.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


L3Harris Technologies  (NYSE:LHX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


L3Harris Technologies Dividend Yield % Related Terms

Thank you for viewing the detailed overview of L3Harris Technologies's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


L3Harris Technologies (L3Harris Technologies) Business Description

Traded in Other Exchanges
Address
1025 West NASA Boulevard, Melbourne, FL, USA, 32919
L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the U.S. Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.
Executives
Edward J Zoiss officer: President, Electronic Systems HARRIS CORPORATION, 1395 TROUTMAN BOULEVARD NE, PALM BAY FL 32904
Ross Niebergall officer: President, Aerojet Rocketdyne L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Melanie Rakita officer: Vice President & CHRO C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Rice Edward A Jr director C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Samir Mehta officer: Pres., Communication Systems L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Dana A Mehnert officer: President, RF Communications HARRIS CORPORATION, 1680 UNIVERSITY AVENUE, ROCHESTER NY 14610
James P Girard officer: Vice President, HR L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Christopher E Kubasik director, officer: President and COO
Jon Rambeau officer: Pres., Integrated Mission Sys. L3HARRIS TECHNOLOGIES, INC., 1395 TROUTMAN BLVD., NE, PALM BAY FL 32905
Scott T Mikuen officer: VP-General Counsel & Secretary HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Christina L Zamarro director 200 INNOVATION WAY, AKRON OH 44316
Joanna Geraghty director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Michelle L. Turner officer: SVP, Chief Financial Officer L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Harris Harry B. Jr director L3HARRIS TECHNOLOGIES INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Todd W. Gautier officer: Segment President 600 THIRD AVENUE 35TH FLOOR, NEW YORK NY 10016