Ex-Dividend Dates Next Week
Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?
Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Elon Musk says that without this company, " civilization will crumble."
JP Morgan Chase warns of a "global depression" without this investment.
Even ChatGPT founder Sam Altman says AI depends on this company's work...
Change 1W: +2.03% | Change 1M: +6.34%
Last Dividend Amount: $1.16
Expected Ex-Dividend Date: November 18, 2024
Expected Payment Date: December 6, 2024
Expected Dividend & Yield: 1.77%
Earnings Date: October 24, 2024 After Close
L3Harris combines aerospace expertise with defense technology innovation, creating a robust business model in the current geopolitical climate. The company benefits from several key strengths:
Long-term government contracts providing stable revenue streams
Strong positioning in emerging defense technologies
Consistent dividend growth history
Solid free cash flow generation
Diverse portfolio reducing dependency on single contracts
Notable concerns include:
Higher P/E ratio of 41.34 compared to industry average
Recent insider selling suggesting potential valuation concerns
Integration risks from recent acquisitions
Exposure to government budget fluctuations
Rising raw material costs affecting margins
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A massive Bitcoin dividend was just announced...
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