L3Harris: A Top Pick Among Dividend Stocks

Reported 3 days ago

L3Harris Technologies, Inc. (NYSE:LHX) is highlighted as a leading dividend stock due to its robust financial performance and consistent dividend payouts. As a key defense contractor, it provides advanced communication and missile defense systems, primarily serving US government and military clients. The company has bolstered its space operations with the acquisition of Aerojet Rocketdyne and boasts a 23-year history of dividend growth, currently offering a quarterly dividend of $1.20 per share with a yield of 1.61%. However, while LHX is seen as a solid investment, some analysts suggest exploring certain AI stocks for potentially higher returns.

Source: YAHOO

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