Lockheed Martin Dividends and Buybacks
Dividend criteria checks 5/6
Lockheed Martin is a dividend paying company with a current yield of 2.43% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
2.4%
Dividend yield
4.4%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €13.200 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LMT's dividends per share have been stable in the past 10 years.
Growing Dividend: LMT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lockheed Martin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LMT) | 2.4% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Aerospace & Defense) | 1.4% |
| Analyst forecast (LMT) (up to 3 years) | 2.6% |
Notable Dividend: LMT's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Austrian market (2.09%).
High Dividend: LMT's dividend (2.43%) is low compared to the top 25% of dividend payers in the Austrian market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), LMT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), LMT's dividend payments are well covered by cash flows.