Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
Lockheed Martin Dividend Announcement
• Lockheed Martin announced a quarterly dividend of $3.30 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-02
• Lockheed Martin annual dividend for 2024 was $12.75
• Lockheed Martin annual dividend for 2023 was $12.15
• Lockheed Martin's trailing twelve-month (TTM) dividend yield is 2.94%
• Lockheed Martin's payout ratio for the trailing twelve months (TTM) is 45.66%
• Lockheed Martin's dividend growth over the last five years (2018-2023) was 8.18% year
• Lockheed Martin's dividend growth over the last ten years (2013-2023) was 9.78% year
Lockheed Martin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $3.30 | quarterly | 2024-12-27 |
2024-09-03 | $3.15 | quarterly | 2024-09-27 |
2024-06-03 | $3.15 | quarterly | 2024-06-28 |
2024-02-29 | $3.15 | quarterly | 2024-03-29 |
2023-11-30 | $3.15 | quarterly | 2023-12-29 |
2023-08-31 | $3.00 | quarterly | 2023-09-22 |
2023-05-31 | $3.00 | quarterly | 2023-06-23 |
2023-02-28 | $3.00 | quarterly | 2023-03-24 |
2022-11-30 | $3.00 | quarterly | 2022-12-30 |
2022-08-31 | $2.80 | quarterly | 2022-09-23 |
2022-05-31 | $2.80 | quarterly | 2022-06-24 |
2022-02-28 | $2.80 | quarterly | 2022-03-25 |
2021-11-30 | $2.80 | quarterly | 2021-12-27 |
2021-08-31 | $2.60 | quarterly | 2021-09-24 |
2021-05-28 | $2.60 | quarterly | 2021-06-25 |
2021-02-26 | $2.60 | quarterly | 2021-03-26 |
2020-11-30 | $2.60 | quarterly | 2020-12-24 |
2020-08-31 | $2.40 | quarterly | 2020-09-25 |
2020-05-29 | $2.40 | quarterly | 2020-06-26 |
2020-02-28 | $2.40 | quarterly | 2020-03-27 |
2019-11-29 | $2.40 | quarterly | 2019-12-27 |
2019-08-30 | $2.20 | quarterly | 2019-09-27 |
2019-05-31 | $2.20 | quarterly | 2019-06-28 |
2019-02-28 | $2.20 | quarterly | 2019-03-29 |
2018-11-30 | $2.20 | quarterly | 2018-12-28 |
2018-08-31 | $2.00 | quarterly | 2018-09-28 |
2018-05-31 | $2.00 | quarterly | 2018-06-22 |
2018-02-28 | $2.00 | quarterly | 2018-03-23 |
2017-11-30 | $2.00 | quarterly | 2017-12-29 |
2017-08-30 | $1.82 | quarterly | 2017-09-22 |
2017-05-30 | $1.82 | quarterly | 2017-06-23 |
2017-02-27 | $1.82 | quarterly | 2017-03-24 |
2016-11-29 | $1.82 | quarterly | 2016-12-30 |
2016-08-30 | $1.65 | quarterly | 2016-09-23 |
2016-05-27 | $1.65 | quarterly | 2016-06-24 |
2016-02-26 | $1.65 | quarterly | 2016-03-24 |
2015-11-27 | $1.65 | quarterly | 2015-12-24 |
2015-08-28 | $1.50 | quarterly | 2015-09-25 |
2015-05-28 | $1.50 | quarterly | 2015-06-26 |
2015-02-26 | $1.50 | quarterly | 2015-03-27 |
2014-11-26 | $1.50 | quarterly | 2014-12-26 |
2014-08-28 | $1.33 | quarterly | 2014-09-26 |
2014-05-29 | $1.33 | quarterly | 2014-06-27 |
2014-02-27 | $1.33 | quarterly | 2014-03-28 |
2013-11-27 | $1.33 | quarterly | 2013-12-27 |
2013-08-29 | $1.15 | quarterly | 2013-09-27 |
2013-05-30 | $1.15 | quarterly | 2013-06-28 |
2013-02-27 | $1.15 | quarterly | 2013-03-29 |
Lockheed Martin Dividend per year
Lockheed Martin Dividend growth
Lockheed Martin Dividend Yield
Lockheed Martin current trailing twelve-month (TTM) dividend yield is 2.94%. Interested in purchasing Lockheed Martin stock? Use our calculator to estimate your expected dividend yield:
Lockheed Martin Financial Ratios
Lockheed Martin Dividend FAQ
Other factors to consider when evaluating Lockheed Martin as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lockheed Martin's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lockheed Martin publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lockheed Martin distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lockheed Martin are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lockheed Martin sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lockheed Martin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lockheed Martin declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lockheed Martin's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lockheed Martin's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.