Harris Corporation, manufacturer of space communications equipment, announced
its 16th annual dividend increase this week.
Photo: Flickr.com/Gerard Eviston

Defense electronics company Harris Corporation announced its annual dividend increase this week.  The 7.5% bump is the company’s 16th straight year of increases.  The summer doldrums continue next week with no announcements expected.

Dividend Increases Announced This Week

Harris Corporation (HRS)

Industry: Technology – Communications Equipment

Dividend Payment: 57 cents per share – up 7.5% from prior level of 53 cents

Dividend Paid On: 9/22

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 9/6

Number of Years of Dividend Increases: 16

Current Forward Yield: 1.91%

Dividend Increase Announcements Expected Next Week

None.