L3Harris Announces September Date for $1.25 Dividend

L3Harris Technologies, Inc. has established a schedule for its upcoming cash distribution to shareholders. The aerospace and defense prime declared that it will pay a dividend of $1.25 per share on September 18. The announcement confirms the capital return plan for the third quarter as the company continues its operations in the integrated mission systems and defense technology sectors.

Headquartered in Melbourne, Florida, L3Harris structures its business across three primary reporting units: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). These divisions provide a range of electronic systems, avionics, and communication services for government and commercial clients globally. Regular dividend payments are a standard mechanism for established defense contractors to distribute value, alongside their execution of government contracts and long-term modernization programs.

In recent market activity, L3Harris shares have moved higher. The stock is currently trading at $296.78, reflecting an increase of 4.39% compared to the previous close of $284.29. The company holds a market capitalization of approximately $52.97 billion and is categorized within the Industrials sector, specifically under Aerospace & Defense.

What to watch

• The record and ex-dividend dates related to the September 18 payment.
• Future contract awards within the Space & Mission Systems and Missile Solutions segments.
• Upcoming quarterly earnings releases for updated fiscal guidance.

Source: original release