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Harris Increases Dividend

Cal Biesecker By
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Harris Increases Dividend
Harris Corp. Chairman, President and CEO William Brown. Photo: Harris

Harris Corp. [HRS] on Monday increased its quarterly cash dividend, marking the 15th consecutive annual dividend increase for the defense electronics and tactical radio company.The new quarterly dividend is 53 cents per share, up six percent from the previous 50 cents per share, and will be payable Sept. 21 to shareholders of record Sept. 9. The corresponding annual dividend increases from $2 per share to $2.12 per share.“Harris continues to generate strong free cash flow, supporting our commitment to provide…

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