L-3 (LLL) Raises Dividend 10%, Announces $1.5B Buyback
Tweet Send to a FriendGet Alerts LLL Hot Sheet
Price: $85.28 --0%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.6%
Revenue Growth %: -11.1%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.6%
Revenue Growth %: -11.1%
Trade LLL Now!
L-3 Communications Holdings, Inc. (NYSE: LLL) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. This is a 10% increase from the prior dividend of $0.50.
The dividend will be payable on March 15, 2013, to stockholders of record on March 1, 2013, with an ex-dividend date of February 27, 2013.
The annual yield on the dividend is 2.9 percent.
The board of directors has also authorized a new share repurchase program allowing the company to repurchase up to an additional $1.5 billion of the company’s common stock through June 30, 2015. This new share repurchase initiative is effective immediately and represents L-3’s sixth repurchase program.
For a dividend history and other dividend-related data on L-3 Communications Holdings, Inc. (LLL) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The dividend will be payable on March 15, 2013, to stockholders of record on March 1, 2013, with an ex-dividend date of February 27, 2013.
The annual yield on the dividend is 2.9 percent.
The board of directors has also authorized a new share repurchase program allowing the company to repurchase up to an additional $1.5 billion of the company’s common stock through June 30, 2015. This new share repurchase initiative is effective immediately and represents L-3’s sixth repurchase program.
For a dividend history and other dividend-related data on L-3 Communications Holdings, Inc. (LLL) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- L-3 Communications (LLL) Declares $0.55 Quarterly Dividend; 2.5% Yield
- Annaly Capital Management (NLY) Declares $0.40 Quarterly Dividend; 12.3% Yield
- PG&E Corp. (PCG) Declares $0.455 Quarterly Dividend; 4.1% Yield
Create E-mail Alert Related Categories
Dividends, Stock BuybacksRelated Entities
Dividend, Stock Buyback
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
