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Lockheed Martin (LMT) Dividend Yield, Date & History

Lockheed Martin logo
$489.02 +9.36 (+1.95%)
(As of 12/20/2024 05:45 PM ET)

Lockheed Martin Dividend Summary

Dividend Yield
2.70%
Annual Dividend
$13.20
Next
Dividend Payment
Dec. 27
Dividend Increase
Track Record
22 Years
Annualized 3-Year
Dividend Growth
7.43%
Dividend Payout Ratio
47.79%

Lockheed Martin (LMT) pays an annual dividend of $13.20 per share, with a dividend yield of 2.70%. The next quarterly payment of $3.30 per share is scheduled for Friday, December 27, to investors who owned the stock before the ex-dividend date of Monday, December 2. LMT has grown its dividend for 22 consecutive years, with an average annual increase of 2.42%. The company currently pays out 47.79% of its earnings and 39.09% of its cash flow as dividends.

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LMT Dividend Payments by Quarter

The chart below displays up to four years of Lockheed Martin's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

LMT Dividend Yield Over Time

The chart below tracks Lockheed Martin's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Lockheed Martin vs. The Competition

Compare Lockheed Martin's annual dividend, yield, and 3-year growth rate with averages for Aerospace and NYSE companies to evaluate its performance against the market.

TypeLockheed MartinAerospace CompaniesNYSE Companies
Annual Dividend$13.20$0.02$1.39
Dividend Yield2.70%1.30%3.61%
Annualized 3-Year Dividend Growth7.43%13.21%15.78%
Track Record22 years21 years24 years

Lockheed Martin Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings47.79%
Based on This Year's Estimate49.11%
Based on Next Year's Estimate47.06%
Based on Cashflow39.09%

Lockheed Martin Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/2/2024Quarterly$3.30+$0.15
4.76%
2.19%12/2/202412/2/202412/27/2024
6/27/2024quarterly$3.15 - 2.7%9/3/20249/3/20249/27/2024
5/2/2024quarterly$3.15 - 2.72%6/3/20246/3/20246/28/2024
1/23/2024quarterly$3.15 - 2.86%2/29/20243/1/20243/29/2024
10/6/2023quarterly$3.15+$0.15
5.00%
3.14%11/30/202312/1/202312/29/2023
6/22/2023quarterly$3.00 - 2.59%8/31/20239/1/20239/22/2023
4/26/2023quarterly$3.00 - 2.6%5/31/20236/1/20236/23/2023
1/26/2023quarterly$3.00 - 2.61%2/28/20233/1/20233/24/2023

This table shows Lockheed Martin's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Lockheed Martin Dividend - Frequently Asked Questions

The current dividend yield for Lockheed Martin is 2.70%. Learn more on LMT's dividend yield history.

The annual dividend for LMT shares is $13.20. Learn more on LMT's annual dividend history.

Lockheed Martin pays quarterly dividends to shareholders.

Lockheed Martin's next quarterly dividend payment of $3.30 per share will be made to shareholders on Friday, December 27, 2024.

Lockheed Martin's most recent quarterly dividend payment of $3.15 per share was made to shareholders on Friday, September 27, 2024.

Lockheed Martin's most recent ex-dividend date was Monday, December 2, 2024.

Over the past three years, the company's dividend has grown by an average of 7.43% per year.

Lockheed Martin has increased its dividend for the past 22 consecutive years.

The most recent change in the company's dividend was an increase of $0.15 on Wednesday, October 2, 2024.

The dividend payout ratio for LMT is:
  • 47.79% based on the trailing year of earnings
  • 49.11% based on this year's estimates
  • 47.06% based on next year's estimates
  • 39.09% based on cash flow

Lockheed Martin's dividend yield of 2.73% is higher than the average Aerospace company that issues a dividend. The company's 22 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Lockheed Martin's dividend payout ratio of 47.79% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Lockheed Martin stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:LMT) was last updated on 12/22/2024 by MarketBeat.com Staff
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