Harris Corp. (HRS) Raises Quarterly Dividend 7.5% to $0.57; 1.9% Yield

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Go back to Harris Corp. (HRS) Raises Quarterly Dividend 7.5% to $0.57; 1.9% Yield

Harris Corporation Increases Quarterly Dividend Eight Percent to 57 Cents Per Share

August 25, 2017 1:38 PM EDT

MELBOURNE, Fla.--(BUSINESS WIRE)-- The Board of Directors of Harris Corporation (NYSE: HRS) has increased the quarterly cash dividend by eight percent from 53 cents per share to 57 cents per share and declared a quarterly cash dividend of 57 cents per share, payable September 22, 2017, to shareholders of record September 8, 2017. The annualized cash dividend correspondingly increases from $2.12 per share to $2.28 per share. The action represents the companys 16th consecutive annual dividend increase.

"The increased dividend reflects confidence in our ability to generate strong cash flow and our commitment to drive value for our... More