LHarris Tech Dividend yield




   USD/share 
 Price  178.09
 Dividend  4.56
 Earnings  8.90
 Cash-flow  11.42
 Book value  98.94
 Equity  98.89

LHarris Tech is part of Technology Hardware and Equip. business, which is part of Technology industry. LHarris Tech is a company from USA, and his stocks are publicly traded.

LHarris Tech stock dividend

LHarris Tech paid a total dividend of 866 million USD last year, for a market value of 33,837 millions (Market Cap 33,629 millions). LHarris Tech dividend per share is 4.56 USD, and his stock market price 178.09 USD.

According to the chart below, where dividend yield is displayed, LHarris Tech has a dividend yield of 2.56%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare LHarris Tech stocks dividend with other Technology Hardware and Equip. companies or other of the best USA dividend stocks list.

Dividend yield of LHarris Tech

LHarris Tech Dividend Payout

About the ability of LHarris Tech to maintain his current dividend of USD 4.56 per share, an amount that accounts for 2.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LHarris Tech payout on ernings is currently 51.24%, which is higher than the market average, and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures show that LHarris Tech can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of LHarris Tech is USD 11.42 per share, which is higher than the dividend per share paid by the company of USD 4.56, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of LHarris Tech, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

LHarris Tech payout

LHarris Tech Dividend History

Below you will find a table with the historical evolution of LHarris Tech's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 
Present2.56%4.5651.24%190
20222.15%4.4834.44%190
20211.91%4.0743.11%196
20201.80%3.4033.83%210
20191.52%3.0162.84%221

*In millions

LHarris Tech Stock performance

Finally, last moth LHarris Tech showed a return of -6.00% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a -22.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

LHarris Tech stock and market return