Harris Corp. (HRS) Raises Quarterly Dividend 7.5% to $0.57; 1.9% Yield
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Harris Corp. (NYSE: HRS) declared a quarterly dividend of $0.57 per share, or $2.28 annualized. This is a 7.5% increase from the prior dividend of $0.53.
The dividend will be payable on September 22, 2017, to stockholders of record on September 8, 2017, with an ex-dividend date of September 7, 2017.
The annual yield on the dividend is 1.9 percent.
"The increased dividend reflects confidence in our ability to generate strong cash flow and our commitment to drive value for our shareholders," said William M. Brown, chairman, president and chief executive officer. "We expect 2018 to be a growth year and remain confident in our long-term outlook."
For a dividend history and other dividend-related data on Harris Corp. (HRS) click here.
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