GD - L3 Technologies Is A Dividend Grower That Will Become The Sixth Largest Defense Contractor
Overview
I have focused on stocks with a decent income and a growing dividend over time with the potential for capital appreciation. In this article, I discuss L3 Technologies Inc. (LLL), which has a dividend yield > ~1.6% and a growing dividend for the past 14 years. The company has positive momentum in the context of beating revenue and EPS estimates in the past five quarters. Furthermore, the company is merging with Harris Corporation (HRS) in an all-stock deal forming L3 Harris Technologies as a catalyst for future growth. However, the