After another strong year generating free cash flow and pretty much more of the same expected in 2012, L-3 Communications [LLL] Tuesday evening said it will increase its quarterly cash dividend by 11 percent, marking the eighth consecutive annual dividend increase by the company. The quarterly dividend, payable on March 15 to shareholders of record at the close of business on March 1, will go from 45 cents per share to 50 cents. In 2011 L-3 returned $188 million to…
L-3 Boosts Dividend; Completes Kollmorgen Acquisition
Defense Daily Staff
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