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Harris Boosts Dividend 12 Percent

Defense Daily Staff Defense Daily Staff
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Harris Corp. [HRS] this week said it is increasing its quarterly dividend by 12 percent as a way to reward shareholders with the company’s strong free cash flow. “This 12 percent dividend increase is our second increase in the past six months and reflects our ongoing commitment to effectively deploy capital, including returning cash to shareholders,” William Brown, president and CEO of Harris, said in a statement. The dividend increase to 37 cents share from the current 33 cents per…

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