I just wanted to write a quick article today to let readers know that Harris Corporation (HRS) announced a 17.9% increase in its dividend, raising it from $0.28 per share quarterly to $0.33 quarterly per share.
This announcement is a pretty healthy dividend increase, especially in comparison to some lighter dividend increases from Wal-Mart Stores, Inc. (WMT), Abbott Laboratories (ABT), UniSource Energy Corp. (UNS), Waste Management (WM) among others. Dividend increases have been a little lighter this year, so the 17.9% increase from Harris Corporation (HRS) is very nice indeed.
Full Disclosure: Long HRS
Thanks for reading.
Photo Credit: Harris Corporation