Harris Corporation (NYSE: HRS) shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $50.77 as of 9:35 a.m. ET, the dividend yield is 2.9%. The average volume for Harris Corporation has been 977,600 shares per day over the past 30 days. Harris Corporation has a market cap of $5.5 billion and is part of the telecommunications industry. Shares are up 2.9% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company that serves government and commercial markets worldwide. The company has a P/E ratio of 10.86. TheStreet Ratings rates Harris Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Harris Corporation Ratings Report now.
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