L3Harris Technologies (LHX) has recently announced its upcoming dividend details. The company declared a cash dividend of $1.200 per share on Apr 17, 2025, with an ex-dividend date set for Jun 3, 2025, and the dividend payable on Jun 18, 2025. This amount is notably higher than the average dividend per share of $0.349 over the last ten periods, indicating a significant increase. The last dividend was issued on Mar 21, 2025, at the same rate of $1.200 per share, also in the form of a cash dividend.
Recently,
Technologies has made substantial strides in its operations. Over the past week, the company announced securing multiple contracts expected to total $214 million under Germany's Digitalization efforts, reflecting its strong position in the global market. Furthermore, as of late, L3Harris was awarded a contract by the U.S. government to develop a next-generation security processor aimed at enhancing communication device security, showcasing its innovation capabilities. Additionally, the company was involved in a $62 million settlement of an allegation case, which could influence its market performance and investor sentiment, as indicated by analysts.
In conclusion, L3Harris Technologies is advancing in its strategic priorities while maintaining robust financial health and operational strength. The ex-dividend date of Jun 3, 2025, marks the last opportunity for investors to purchase the company's stock with eligibility to receive the upcoming dividend. Any acquisition made post this date will not qualify for the current dividend distribution.
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