Harris Stock To Go Ex-dividend Tomorrow (HRS)

NEW YORK ( TheStreet) -- The ex-dividend date for Harris Corporation (NYSE: HRS) is tomorrow, March 7, 2014. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $74.86 as of 9:50 a.m. ET, the dividend yield is 2.3%.

The average volume for Harris has been 718,100 shares per day over the past 30 days. Harris has a market cap of $7.98 billion and is part of the technology sector and telecommunications industry. Shares are up 7% year to date as of the close of trading on Wednesday.

Harris Corporation, together with its subsidiaries, operates as an international communications and information technology company worldwide. The company operates in three segments: RF Communications, Integrated Network Solutions, and Government Communications Systems.

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TheStreet Ratings rates Harris as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance, expanding profit margins, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Harris Ratings Report.

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