L3Harris to Pay $1.25 Quarterly Dividend to Shareholders
L3Harris Technologies declared a $1.25 quarterly dividend, payable Dec. 18 to investors of record Dec. 4. The annualized payout is $5.00, yielding about 2.0%, and the company has raised its dividend for 24 consecutive years. Quarterly EPS of $3.13 and revenue of $5.88 billion exceeded expectations.
L3Harris will distribute $1.25 per share on Dec. 18 to holders of record Dec. 4, equal to $5.00 yearly. At the recent $253.68 share price, that equals roughly a 2.0% yield. The defense contractor has lifted its payout for 24 straight years, and the dividend uses about 41.1% of earnings.
The latest quarter brought $3.13 in EPS and $5.88 billion in revenue, both above analyst estimates, with sales up 8.4% from a year earlier. Management’s fiscal 2026 EPS guidance is $11.80 to $12.00, while analysts project $11.89 for the current fiscal year.
The dividend may matter most to income-focused shareholders, including retirees and funds that hold defense stocks, by providing a modest cash payout. A steady, well-covered distribution could also reassure employees, suppliers, and local communities tied to L3Harris operations, though it does not guarantee future performance. Because the company serves government and commercial aerospace and defense markets, its financial stability may indirectly affect hiring, procurement, and regional economic activity.