The Board of Directors of Harris Corporation (NYSE:HRS) has increased the quarterly cash dividend by six percent from 47 cents per share to 50 cents per share and declared a quarterly cash dividend of 50 cents per share, payable September 24, 2015 to shareholders of record September 11, 2015. The annualized cash dividend correspondingly increases from $1.88 per share to $2.00 per share. This action represents the company’s 14th consecutive annual dividend increase.
“Harris remains committed to providing shareholders with an attractive dividend, which has grown at an approximately 20 percent compounded annual rate over the past decade,” said William M. Brown, chairman, president and chief executive officer. “We are confident in the company’s long-term outlook and our continued ability to generate strong free cash flow and return value to our shareholders.”
About Harris Corporation
Harris provides advanced, technology-based solutions that solve government and commercial customers’ mission-critical challenges. The company has approximately $8 billion in annual revenue and about 23,000 employees — including 9,000 engineers and scientists — supporting customers in more than 125 countries. Learn more at harris.com.
Investor Relations inquiries: Pamela Padgett at 321-727-9383, or pamela.padgett@harris.com
Media inquiries: Jim Burke at 321-727-9131, or jim.burke@harris.com
