- L3Harris Technologies is set to trade ex-dividend on 4 September 2026, with a $1.25 per-share quarterly payment due 18 September.
- LHX dividends offer a 1.90% forward yield and a 43% payout ratio, supporting dividend dependability but modest income growth.
- Shares trade below their five-year median P/E, though cited fair-value estimates indicate limited valuation-driven upside.
Dividend Snapshot
L3Harris Technologies (NYSE: LHX) is scheduled to trade ex-dividend on 4 September 2026. Investors generally must own shares before that date, effectively by the close on 3 September, to qualify for the next $1.25 per-share quarterly dividend, payable 18 September.
At a share price near $262.78, LHX dividends annualize to $5.00 per share, producing a forward yield of roughly 1.90%. That is slightly above its 1.88% five-year average yield, but L3Harris remains a lower-yielding choice for investors needing substantial current cash flow.
Dividend Safety and Growth
The LHX dividend appears reasonably well covered, with a payout ratio of about 43%. This leaves room for business investment, debt management, and future dividend increases.
The company has increased its dividend by about 2.7% annually over three years, while its one-year growth rate is approximately 3.8%. L3Harris benefits from exposure to mission-critical defense, communications, missile, and space programs, while its role in NASA’s Roman Space Telescope reinforces its space-optics capabilities.
The company earned a 92/100 GF Score, supported by high growth and profitability ratings. For dividend-growth investors, the trade-off is clear: LHX offers a relatively conservative payout but not the high yield or fast dividend compounding found in more income-focused sectors.
Valuation Remains Reasonable
LHX trades at approximately 26.5 times trailing earnings, below its five-year median P/E of 32.14. A cited fair-value estimate of $266.20 suggests about 1.3% potential undervaluation near the referenced share price, implying limited valuation-driven upside.
The company’s Altman Z-Score of 2.28 sits in a cautionary middle range, while ROIC has trailed its estimated cost of capital. In addition, insiders sold roughly $33 million of stock over the past year, with no reported insider purchases in the cited period.
Futures Settlement Risk
MEXC’s LHX stock-futures contract enters reduce-only mode at 23:30 UTC on 3 September, followed by a cash-dividend settlement at 00:00 UTC on 4 September. Long positions receive a dividend-equivalent adjustment, while shorts pay it, and leverage can amplify liquidation risk for either side.
The 1.90% yield is modest, but the 43% payout ratio supports continued payments and incremental raises. LHX appears best suited to diversified dividend portfolios for investors comfortable with defense-sector exposure rather than as a standalone high-income stock.
