Harris Corp. (HRS) Raises Quarterly Dividend 6% to $0.53; 2.3% Yield

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Go back to Harris Corp. (HRS) Raises Quarterly Dividend 6% to $0.53; 2.3% Yield

Harris Corporation Increases Quarterly Dividend Six Percent to 53 Cents Per Share

August 29, 2016 9:31 AM EDT

MELBOURNE, Fla.--(BUSINESS WIRE)-- The Board of Directors of Harris Corporation (NYSE: HRS) has increased the quarterly cash dividend by six percent from 50 cents per share to 53 cents per share and declared a quarterly cash dividend of 53 cents per share, payable September 21, 2016, to shareholders of record September 9, 2016. The annualized cash dividend correspondingly increases from $2.00 per share to $2.12 per share. This action represents the company's 15th consecutive annual dividend increase.

Harris continues to generate strong free cash flow, supporting our commitment to provide shareholders with an attractive and growing dividend," said William M. Brown,... More