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L-3 Communications Boosts Dividend By 14% To 40 Cents

DOW JONES NEWSWIRES L-3 Communications Holdings Inc. (LLL) boosted its quarterly dividend 14% to 40 cents a share, joining a host of companies in recent weeks that have been boosting dividends. The company, which has contracts for services such as training foreign militaries and upgrading government aircraft, attributed the increase to confidence in its financial and operational strength. Higher dividend payments contrast with the numerous cuts that were seen throughout most of 2009 as businesses looked for a way to slash costs. L-3, however, increased its dividend a year ago by 17% to 35 cents, and maintained that payment throughout the rest of the year. Last week, L-3 reported its fourth-quarter profit fell 14% as gains in the year-earlier results masked revenue and margin improvements. The company also lifted its 2010 earnings and revenue forecasts. Shares were recently up 2.7% to $86.90 amid a broad market rally. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for L3 Comm (LLL)
DateTimeHeadline
08/04/201516:37:45Quarterly Report (10-q)
07/30/201517:54:16REPEAT & CORRECT: L-3 Evaluating Future of VIP Jet Conversions...
07/30/201514:36:29L-3 Exiting VIP Jet Conversions, Evaluating Cyber Unit -- Update
07/30/201507:32:23Current Report Filing (8-k)
07/30/201506:59:00L-3 Announces Second Quarter 2015 Results
07/20/201508:59:00L-3 to Broadcast Second Quarter Conference Call Over the Internet
07/06/201509:47:00L-3 Receives Three 2015 Cogswell Awards for Outstanding Industrial...
06/25/201517:10:20Annual Report of Employee Stock Plans (11-k)
06/25/201517:06:00Annual Report of Employee Stock Plans (11-k)
06/19/201510:38:02The 3 Best Defense Stocks to Watch
06/18/201516:09:41Statement of Changes in Beneficial Ownership (4)
06/18/201516:09:14Statement of Changes in Beneficial Ownership (4)
06/17/201508:30:00L-3 Announces the New ClearScan™ Next-Generation Cabin Baggage E...
06/16/201516:14:03Statement of Changes in Beneficial Ownership (4)
06/16/201516:13:39Statement of Changes in Beneficial Ownership (4)
06/16/201516:12:48Statement of Changes in Beneficial Ownership (4)
06/16/201516:11:55Statement of Changes in Beneficial Ownership (4)
06/16/201516:11:55Statement of Changes in Beneficial Ownership (4)
06/16/201516:11:29Statement of Changes in Beneficial Ownership (4)
06/16/201516:10:37Statement of Changes in Beneficial Ownership (4)

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