Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

L3Harris Technologies, Inc. (LHX)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$449.89 - $1,852.62$1,161.18
Multi-Stage$225.37 - $246.36$235.67
Blended Fair Value$698.43
Current Price$297.39
Upside134.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202320222021202120192019201820172016
DPS21.33%16.17%4.694.604.584.333.841.781.721.441.391.33
YoY Growth--2.07%0.46%5.75%12.69%115.13%3.69%19.49%3.82%3.97%27.27%
Dividend Yield--2.26%2.16%2.33%1.71%1.89%1.00%0.82%0.85%1.05%1.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,759.00
(-) Cash Dividends Paid (M)899.00
(=) Cash Retained (M)860.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)351.80219.88131.93
Cash Retained (M)860.00860.00860.00
(-) Cash Required (M)-351.80-219.88-131.93
(=) Excess Retained (M)508.20640.13728.08
(/) Shares Outstanding (M)188.83188.83188.83
(=) Excess Retained per Share2.693.393.86
LTM Dividend per Share4.764.764.76
(+) Excess Retained per Share2.693.393.86
(=) Adjusted Dividend7.458.158.62
WACC / Discount Rate7.25%7.25%7.25%
Growth Rate5.50%6.50%7.50%
Fair Value$449.89$1,161.18$1,852.62
Upside / Downside51.28%290.46%522.96%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,759.001,873.341,995.102,124.782,262.892,409.982,482.28
Payout Ratio51.11%58.89%66.67%74.44%82.22%90.00%92.50%
Projected Dividends (M)899.001,103.151,330.041,581.761,860.592,168.982,296.11

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.25%7.25%7.25%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,018.941,028.601,038.26
Year 2 PV (M)1,134.741,156.351,178.17
Year 3 PV (M)1,246.481,282.271,318.73
Year 4 PV (M)1,354.291,406.371,459.94
Year 5 PV (M)1,458.251,528.691,601.82
PV of Terminal Value (M)36,343.5238,098.9239,921.51
Equity Value (M)42,556.2244,501.2046,518.43
Shares Outstanding (M)188.83188.83188.83
Fair Value$225.37$235.67$246.36
Upside / Downside-24.22%-20.75%-17.16%

High-Yield Dividend Screener

« Prev Page 40 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EMTK.JKPT Elang Mahkota Teknologi Tbk3.98%$43.7848.47%
HOLN.SWHolcim Ltd3.98%$3.1011.12%
TQ5.SIFrasers Property Limited3.98%$0.0560.69%
007860.KSSeoyon Co., Ltd.3.97%$381.928.19%
3217.TWOArgosy Research Inc.3.97%$6.4054.14%
5434.TWTopco Scientific Co.,Ltd.3.97%$11.7659.09%
ALTXC.PATXCOM Group3.97%$0.3035.01%
MND.AXMonadelphous Group Limited3.97%$1.0572.16%
MXI.AXMaxiPARTS Limited3.97%$0.0946.30%
027410.KSBGF Co., Ltd.3.96%$152.8325.29%
CNT.BKChristiani & Nielsen (Thai) Public Company Limited3.96%$0.0456.47%
UCID.JKPT Uni-Charm Indonesia Tbk3.96%$16.8678.76%
002758.SZZJAMP Group Co., Ltd.3.95%$0.4046.30%
4065.KLPPB Group Berhad3.95%$0.4272.75%
600585.SSAnhui Conch Cement Company Limited3.95%$0.8651.83%
8464.TWNien Made Enterprise Co., Ltd.3.95%$14.4964.65%
BRFS3.SABRF S.A.3.95%$0.7131.92%
F34.SIWilmar International Limited3.95%$0.1263.66%
000848.SZCheng De Lolo Company Limited3.94%$0.3355.15%
6412.THeiwa Corporation3.94%$80.0063.34%
DSFIR.ASDSM-Firmenich AG3.94%$2.7199.44%
NDT.MINeodecortech S.p.A.3.94%$0.1528.43%
TCSG.METCS Group Holding PLC3.94%$129.2721.76%
001720.KSShinyoung Securities Co., Ltd.3.93%$5,219.5832.99%
0UKH.LBank of Montreal3.93%$7.0457.77%
282330.KSBGF retail Co. Ltd.3.93%$4,100.0037.49%
4953.TWOWITS Corp.3.93%$4.9184.65%
601528.SSZhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd3.93%$0.2221.93%
601789.SSNingbo Construction Co., Ltd.3.93%$0.2078.65%
EMAEmera Incorporated3.93%$1.9349.45%
TSPC.JKPT Tempo Scan Pacific Tbk3.93%$111.9033.61%
TTALO.HETerveystalo Oyj3.93%$0.3855.32%
003012.SZGuangdong Dongpeng Holdings Co., Ltd.3.92%$0.2678.10%
300181.SZZhejiang Jolly Pharmaceutical Co.,LTD3.92%$0.6373.60%
6491.TWPegavision Corporation3.92%$11.0253.82%
82800.HKTracker Fund of Hong Kong3.92%$0.9312.85%
DR0.DEDeutsche Rohstoff AG3.92%$1.9626.92%
SIRIP.BKSiri Prime Office Property Fund3.92%$0.2844.51%
SJRShaw Communications Inc.3.92%$1.1880.43%
1437.TWGTM Holdings Corporation3.91%$1.3564.33%
234080.KSJW Lifescience Corporation3.91%$501.2216.27%
3693.TWOAIC Inc.3.91%$10.9261.94%
4863.KLTelekom Malaysia Berhad3.91%$0.3159.49%
PBP.AXProbiotec Limited3.91%$0.1241.70%
SUZB3.SASuzano S.A.3.91%$2.0338.32%
025540.KSKorea Electric Terminal Co., Ltd.3.90%$2,586.5823.65%
AZ2.DEAndritz AG3.90%$2.6055.55%
EUX.FEuwax AG3.90%$1.8582.61%
TPIPP-R.BKTPI Polene Power Public Company Limited3.90%$0.0720.67%
0R9H.LBanca Sistema S.p.A.3.89%$0.0715.44%