Wednesday Is Your Last Chance To Buy L3Harris Technologies Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
L3Harris Technologies (NYSE:LHX) announced a quarterly dividend of $1.16 per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 22, 2024. The stock is expected to open $1.16 lower on the ex-dividend date.
March 04, 2024 | 2:46 pm
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L3Harris Technologies announces a $1.16/share quarterly dividend. Stock to open lower by $1.16 on ex-dividend date.
The announcement of a $1.16 per share dividend by L3Harris Technologies directly impacts its stock as it is expected to open $1.16 lower on the ex-dividend date. This price adjustment reflects the dividend payout and is a common occurrence in the stock market. Investors interested in receiving the dividend must own the stock before the ex-dividend date, making this news highly relevant and important for current and potential shareholders.
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