L3Harris dividend history
L3Harris's dividend was $4.64 a share in fiscal 2024, up 1.8% on the year before. That was 59.0% of net income. It has raised its dividend per share every year since fiscal 2020.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $754M
- Dividends (TTM)
- $929M
- Returned to shareholders
- 46%
- of free cash flow
- Buybacks, last 3 fiscal years
- $2.2B
- Diluted share count
- −0.7%
- year over year
- Total shareholder yield
- 3.2%
- dividends 1.8% + buybacks 1.4% of market value
- Dividend payout ratio
- 46%
- of net income paid out
- Sales & admin spending
- 14.5%
- of revenue
- Days sales outstanding
- 26 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2008Jun 2008 | 2009Jul 2009 | 2010Jul 2010 | 2011Jul 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jan 2021 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Jan 2025 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | $0.600 | $0.800 | $0.880 | $1.00 | — | — | — | — | — | — | — | — | $3.40 | $4.08 | $4.48 | $4.56 | $4.64 | — |
| Dividend per share growth | — | +33.3% | +10.0% | +13.6% | — | — | — | — | — | — | — | — | — | +20.0% | +9.8% | +1.8% | +1.8% | — |
| Dividends paid | 82 | 107 | 115 | 127 | 140 | 165 | 180 | 198 | 252 | 262 | 272 | 325 | 725 | 817 | 864 | 868 | 886 | 929 |
| Share buybacks | 235 | 132 | 208 | 256 | 474 | 415 | 300 | 150 | 0 | 710 | 272 | 200 | 2,290 | 3,675 | 1,083 | 518 | 554 | 754 |
| Dividends ÷ net income | 18.3% | 281.3% | 20.5% | 21.6% | 456.2% | 146.0% | 33.6% | 59.3% | 77.8% | 48.3% | 38.9% | 34.2% | 64.8% | 44.3% | 81.4% | 70.7% | 59.0% | 45.5% |
Recent dividend announcements
- L3Harris Announces Quarterly Dividend Source
Compare with peers
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