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Business/Financial

L3 Increases Dividend

By Cal Biesecker

Tuesday, February 13th, 2018

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L3 Increases Dividend

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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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