Harris Corporation Increases Quarterly Dividend
August 28 2006 - 10:00AM
PR Newswire (US)
MELBOURNE, Fla., Aug. 28 /PRNewswire-FirstCall/ -- The Board of
Directors of Harris Corporation (NYSE:HRS) has increased the
quarterly cash dividend to 11 cents per share, compared to the
previous quarterly dividend of 8 cents per share. This dividend is
payable September 15, 2006, to shareholders of record September 6,
2006. "We are delighted to announce this increase in our quarterly
dividend," said Howard L. Lance, chairman, president, and CEO. "Our
financial performance for fiscal year 2006 was excellent, and we
concluded the year with a record quarter for revenue, orders, and
net income, and an improved outlook for each business segment."
Harris is an international communications and information
technology company serving government and commercial markets in
more than 150 countries. With headquarters in Melbourne, Florida,
the company has annual sales of $3.5 billion and nearly 14,000
employees - including more than 6,000 engineers and scientists -
dedicated to the development of best-in-class assured
communications(TM) products, systems, and services. The company's
operating divisions serve markets for government communications, RF
communications, broadcast communications, and microwave
communications. Additional information about Harris Corporation is
available at http://www.harris.com/ . Forward-Looking Statement
This press release contains forward-looking statements that reflect
management's current expectations, assumptions and estimates of
future performance and economic conditions. Such statements are
made in reliance upon the safe harbor provisions of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. The company cautions investors that any
forward-looking statements are subject to risks and uncertainties
that may cause actual results and future trends to differ
materially from those matters expressed in or implied by such
forward-looking statements. Statements about our expected financial
performance are forward- looking and involve risks and
uncertainties. Other factors that may impact the company's results
and forward-looking statement may be disclosed in the company's
filings with the SEC. Harris disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise. DATASOURCE:
Harris Corporation CONTACT: Brent Dietz, +1-321-724-3554, , or
Investor relations inquiries, Pamela Padgett, +1-321-727-9383, ,
both of Harris Corporation Web site: http://www.harris.com/
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