L3Harris Technologies (LHX) DIvidends Date & History

Key Takeaways

• LHX offers a quarterly dividend of $1.25 per share, for an annualized total of $5.00.
• Current dividend yield stands at approximately 1.67%, with a payout ratio near 53%.
• The company has increased its dividend for 24 consecutive years.
• Dividends are supported by solid earnings and free cash flow coverage.
• LHX appeals primarily to dividend growth investors seeking consistency over high yield.
• Payment schedule remains quarterly, with the next ex-dividend date set for September 4, 2026.

Dividend Overview

L3Harris Technologies (LHX) maintains a conservative dividend policy focused on steady growth rather than high yields. The company pays a quarterly dividend of $1.25 per share, resulting in an annual payout of $5.00 and a current yield of roughly 1.67%. This positions LHX as a modest-yield dividend growth stock in the aerospace and defense sector. Payments occur four times per year, with the most recent increase raising the annualized rate to $5.00 effective in early 2026. The policy emphasizes sustainability, aligning distributions with earnings and cash flow generation.

Dividend History and Growth

LHX has demonstrated consistent dividend growth over more than two decades. The firm has raised its payout annually for 24 consecutive years, reflecting a long-term commitment to returning capital to shareholders. Recent increases include a move from $1.20 to $1.25 per quarter in 2026. Historical trends show steady single-digit percentage growth in most years, supported by the company’s stable defense contracting revenue. No dividend cuts have occurred in recent history, underscoring reliability through economic cycles.

Dividend Sustainability and Payout Ratio

The dividend appears sustainable, with a payout ratio of approximately 53%. This level indicates that earnings comfortably cover the distribution while retaining capital for reinvestment. Free cash flow provides additional support, typically exceeding dividend requirements. LHX maintains moderate debt levels relative to its cash-generating defense business, reducing risk to ongoing payments. Overall financial stability in the sector further bolsters the outlook for continued quarterly distributions.

Dividend Compared to Industry Peers

Within the aerospace and defense industry, LHX’s yield of about 1.67% sits in line with or slightly above peers such as RTX and General Dynamics. Many competitors offer similar modest yields combined with dividend growth streaks. LHX stands out for its extended track record of increases, though its yield remains lower than higher-payout names in broader industrials. This profile suits investors prioritizing growth and stability over immediate income.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Visit the AI Screener to explore opportunities.

Is This Stock Attractive for Dividend Investors?

LHX may suit dividend growth investors and long-term holders who value consistency and modest income over high current yields. Its low payout ratio and long streak of increases appeal to those seeking sustainable growth in a defensive sector. Conservative investors may appreciate the earnings coverage and sector stability, while income-focused buyers might find the yield less compelling compared with higher-yielding alternatives. The stock fits portfolios emphasizing capital preservation and gradual dividend expansion rather than immediate high returns. Analysis remains balanced and does not constitute investment advice.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations