MELBOURNE, Fla.-Harris Corp. announced a 25-percent increase to its quarterly dividend, bringing it to 10 cents per share and bringing the annual rate to 40 cents per share. The rate is payable Sept. 19 to shareholders of record as of Sept. 5.
“We are delighted to announce this increase in our quarterly dividend. The financial position and level of liquidity of the company continue to be very strong,” said Howard Lance, chairman and chief executive officer. “Our two government businesses are driving solid growth at Harris, and we expect continued improvement in the financial performance of the company in fiscal 2004.”
