Why L3Harris Technologies (LHX) is Among the Best Performing in 2025 Dividend Stocks

L3Harris Technologies, Inc. (NYSE:LHX) is included among the 15 Best Performing Dividend Stocks So Far in 2025.

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L3Harris Technologies, Inc. (NYSE:LHX) is an American defense technology company with operations spanning multiple areas within the defense and aerospace sectors. The stock is up by nearly 36% since the start of 2025, which makes it one of the best performing stocks on our list.

In its earnings report, CFO Kenneth L. Bedingfield highlighted that the company achieved a record $8.3 billion in the quarter, resulting in a book-to-bill ratio of 1.5. Revenue came in at $5.4 billion, reflecting solid organic growth of 6%. He noted that the segment operating margin stood at 15.9%, while non-GAAP EPS reached $2.78. Free cash flow totaled $574 million, supported by higher operating income and stronger working capital performance. As a result, free cash flow guidance was lifted to around $2.65 billion, an increase of $200 million.

Looking ahead to 2026, Bedingfield reaffirmed revenue expectations of $23 billion and projected segment operating margin in the low-16% range. He also raised free cash flow guidance to $3 billion, representing a 13% increase compared to the prior year.

L3Harris Technologies, Inc. (NYSE:LHX) has been growing its dividends for 23 consecutive years and currently offers a quarterly dividend of $1.20 per share. As of September 15, the stock has a dividend yield of 1.71%.

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Disclosure: None.