|Bid||90.22 x 1200|
|Ask||90.45 x 800|
|Day's Range||90.37 - 92.04|
|52 Week Range||47.71 - 93.66|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||3.29%|
|Beta (5Y Monthly)||1.22|
|Expense Ratio (net)||0.12%|
L3Harris Technologies Inc. declared Friday a quarterly dividend of $1.02 a share, which marks a 20% increase from the previous quarterly dividend of 85 cents a share. The aerospace and defense company's new dividend will be payable March 26 to shareholders of record on March 12. The stock fell 2.2% to $182.87 in afternoon trading. Based on the current stock price, the new annual dividend rate implies a dividend yield of 2.23%, compared with the yield for the SPDR Industrial Select Sector ETF of 1.51% and the implied yield for the S&P 500 of 1.51%, according to FactSet. L3Harris's stock has dropped 13.1% over the past 12 months, while the industrial ETF has gained 17.6% and the S&P 500 has advanced 22.7%.
Jay Timmons, National Association of Manufacturers CEO, joined Yahoo Finance Live to discuss how Preisdent Biden can strengthen America's supply chain.
Investors can't keep up with economic optimism right now.