Harris (HRS) dividend stock





  • Yield

     1.86%
  • Dividend

     2.12
  • 5 year dividend growth rate
     13.5%
  • Dividend increased

     14 yrs.
  • Payout ratio

     46%
  • Dividend pay date

     6/16/2017
  • Ex-dividend date

     5/31/2017
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     -28.5%
  • Dividend payback
    period
     18 yrs.
  • Chowder rule

     15.4
  • Tweed factor

     -9.1
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
-28.5%
Payout ratio compared to 5 year average   
195.2%
P/E compared to 5 year average   
71.0%
Price per book value compared to 5 year average   
45.8%
Price change from 52 week high   
-2.0%
Price change from 50 days average   
1.6%
Price change from 200 days average   
4.1%
Price info
Change
1.48 (1.28%)


Last price
113.75 USD


Day range
113.72 - 115.64


Year range
85.32 - 116.09

Financial health
Current ratio
1.33


Debt/equity ratio
154.55


Cash
511.00M


Debt
5.03B


Valuation
Price/earning (P/E)
24.45


Price/book (P/B)
4.81


Forward price/earning (P/E)
18.74


Price/sales (P/S)
1.91


PEG
0.49


Market cap
13.87B

Recession performance (2007 - 2009)
0.5200,0.7000,0.8400
  • 2007
  • 2008
  • 2009
Dvidend growth (annualized)   
27.1%
3.4300,3.2600,0.2800
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
-71.4%
10 year history
0.5200,0.7000,0.8400,0.9400,1.0600,1.4000,1.5800,1.7800,1.9400,2.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
16.1%
3.4300,3.2600,0.2800,4.2800,4.6000,0.2600,1.0100,4.9500,3.1100,0.5700
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Earnings per share growth (annualized)   
-18.1%
14.5200,17.0200,14.1200,16.8600,19.6700,16.8800,15.6500,17.0200,17.6500,26.0800
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
6.7%
11.9000,18.4000,34.0000,20.6000,21.7000,99.8000,30.3000,37.1000,36.6000,272.3000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
41.6%
140.0000,137.0000,133.0000,130.0000,126.0000,115.0000,111.0000,107.0000,107.0000,117.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Shares outstanding growth (annualized)   
-2.0%
Other companies in the communication equipment industry
Company
Div. increase  
Yield
Div. growth
USA   Qualcomm 15 yrs4.33%20.5%
Canada   Evertz Technologies 10 yrs4.04%9.4%
United Kingdom   MAINTEL HOLDINGS 8 yrs2.64%21.5%
United Kingdom   Sepura 7 yrs12.66%12.5%
United Kingdom   Vitec Group 7 yrs2.45%4.9%
Company profile
Empoloyees
22,300


Sector


Website


Founded
1916


Industry


SEC filings




Harris Corporation provides technology-based solutions that solve government and commercial customers? mission-critical challenges. The company operates in four segments: Communication Systems, Critical Networks, Electronic Systems, and Space and Intelligence Systems. The company designs, develops, ...
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Address:
1025 West NASA Boulevard, Melbourne, FL, 32919

Phone:
+1 321 727-9100
The dividend of Harris is 2.12 USD and this gives the stock a yield of 1.86%. Since 2003they have raised their dividend each year, that is 14 years in a row. HRS has a payout ratio of 46%, meaning that 46% of their earnings are paid as dividends. The company has a dividend payback period of 18 years. The 5 year dividend compund annual growth (CAGR) rate is 13.5%. Harris has gone ex-dividend on the 5/31/2017, and the dividend pay date is 6/16/2017. It was founded in 1916 and is a US company with 22,300 employees. They are in the technology sector and the communication equipment industry. 2.3 out of 5 stars is our rating for it's dividend.






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