NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $113.37 as of 9:50 a.m. ET, the dividend yield is 2.1%.
The average volume for L-3 has been 700,100 shares per day over the past 30 days. L-3 has a market cap of $10.31 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 6.5% year to date as of the close of trading on Tuesday.
L-3 Communications Holdings, Inc. provides command, control, communications, intelligence, surveillance, and reconnaissance (C3ISR) systems; aircraft modernization and maintenance; and government services in the United States and internationally.
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TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full