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L3 Increases Dividend

Cal Biesecker By
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L3 Increases Dividend

L3 Technologies [LLL] on Monday announced a nickel increase in its quarterly dividend payment to 80 cents per share, marking the 14th consecutive year of increasing its annual dividend.The company has been increasing its quarterly shareholder dividends by a nickel annually since beginning the payments. The latest increase is a 7 percent boost, about the same percentage-wise as a year ago.The dividend is payable on March 15.L3 President and CEO Christopher Kubasik said in a statement that the “dividend increase…

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