L-3 Communications (LLL) Raises Quarterly Dividend 7.1% to $0.75; 2% Yield

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L3 Increases Quarterly Dividend

February 13, 2017 2:05 PM EST

NEW YORK--(BUSINESS WIRE)-- L3 Technologies (NYSE: LLL) announced today that its Board of Directors has increased the companys regular quarterly cash dividend from $0.70 to $0.75 per share. The Board has also declared the next dividend payable on March 15, 2017 to shareholders of record at the close of business on March 1, 2017.

This is L3s 13th consecutive annual dividend increase, reflecting the Boards continued confidence in our financial position and outlook as we execute on our strategic growth initiatives, said Michael T. Strianese, L3s Chairman and Chief Executive Officer. Our strong operational... More