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Harris Board Declares 12% Higher Dividend; Bill Brown Comments

Harris Corp. (NYSE: HRS) announced Monday its board of directors has approved a quarterly cash dividend of 37 cents per share, payable Sept. 19, 2012 to shareholders of record as of Sept. 7, 2012.

“This 12 percent dividend increase is our second increase in the past six months, ” CEO Bill Brown said in the announcement.

The annualized cash dividend will increase from $1.32 per share to $1.48 per share, the company said.

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