Lockheed Martin Corporation

NYSE:LMT Stock Report

Market Cap: US$135.4b

Lockheed Martin Dividend

Dividend criteria checks 5/6

Lockheed Martin is a dividend paying company with a current yield of 2.22% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 3rd September, 2024.

Key information

2.2%

Dividend yield

45%

Payout ratio

Industry average yield1.4%
Next dividend pay date27 Sep 24
Ex dividend date03 Sep 24
Dividend per shareUS$12.600
Earnings per shareUS$28.26
Dividend yield forecast in 3Y2.5%

Recent dividend updates

Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15

Oct 12
Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Lockheed Martin Corporation (NYSE:LMT)

Aug 27
Risks To Shareholder Returns Are Elevated At These Prices For Lockheed Martin Corporation (NYSE:LMT)

Lockheed Martin Stock Explodes With Huge Multiple Expansion And Growth Ahead

Aug 25

Lockheed Martin Goes Boom

Jul 24

Lockheed Martin: A Dangerous World Is Bullish

Jul 14

Lockheed Martin (NYSE:LMT) Has More To Do To Multiply In Value Going Forward

Jul 11
Lockheed Martin (NYSE:LMT) Has More To Do To Multiply In Value Going Forward

Lockheed Martin: Bulletproof Your Portfolio Against Global Conflict

Jun 21

Lockheed Martin: Justified Disconnection Between Demand And Performance

May 26

Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?

May 23
Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?

Seeking Alpha? Lockheed Martin Is The Place To Be

May 20

Does Lockheed Martin (NYSE:LMT) Deserve A Spot On Your Watchlist?

May 09
Does Lockheed Martin (NYSE:LMT) Deserve A Spot On Your Watchlist?

Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next

Apr 26
Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next

Why Did Lockheed Martin Stock Drop?

Apr 25

Lockheed Martin: War Premium Not Priced In Yet (Upgrade)

Apr 19

Lockheed Martin Corporation's (NYSE:LMT) Price Is Out Of Tune With Earnings

Apr 10
Lockheed Martin Corporation's (NYSE:LMT) Price Is Out Of Tune With Earnings

Lockheed Martin: Robust Backlog Points To Sustained Growth

Mar 24

Lockheed Martin: Momentum Is Building For A Counter Trend Bounce

Mar 16

Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down

Mar 11
Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down

Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?

Feb 25
Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?

Lockheed Martin: Problems Are Piling Up

Feb 21

Is Lockheed Martin (NYSE:LMT) A Risky Investment?

Feb 09
Is Lockheed Martin (NYSE:LMT) A Risky Investment?

Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense

Jan 25

Analysts Have Made A Financial Statement On Lockheed Martin Corporation's (NYSE:LMT) Annual Report

Jan 25
Analysts Have Made A Financial Statement On Lockheed Martin Corporation's (NYSE:LMT) Annual Report

Lockheed Martin: Present Defense Spending Doesn't Indicate Long-Term High Returns

Jan 18

Lockheed Martin: A Solid Bet On The Future Of Defense And Aerospace (Rating Upgrade)

Jan 09

There's Reason For Concern Over Lockheed Martin Corporation's (NYSE:LMT) Price

Jan 01
There's Reason For Concern Over Lockheed Martin Corporation's (NYSE:LMT) Price

Lockheed Martin: A Huge Moat, >10% Annual Return Potential, And Protection Against Mayhem

Dec 28

Lockheed Martin Looks Strong, But Fairly Valued Already

Nov 25

Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 26% Undervaluation?

Nov 21
Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 26% Undervaluation?

Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly

Nov 08
Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly

Lockheed Martin: Preparing For The Known

Nov 07

Lockheed Martin: Defense To Diversify

Oct 25

Lockheed Martin: Q3 Is More Of The Same, No Market-Beating Returns Here

Oct 18

Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15

Oct 12
Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15

Lockheed Martin Remains A Buy Amidst Global Tension

Oct 10

Why We Like The Returns At Lockheed Martin (NYSE:LMT)

Oct 10
Why We Like The Returns At Lockheed Martin (NYSE:LMT)

Lockheed Martin: Not Too Big To Downsize

Oct 03

Fortress Of Dividends: Lockheed Martin's 3% Yield Is Among The Best Money Can Buy

Sep 18

Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate

Aug 22
Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate

Lockheed Martin: Huge Growth Ahead

Aug 18

Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?

Aug 07
Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?

Lockheed Martin Q2 Earnings Preview: Preparing For Takeoff

Jul 17

Lockheed Martin (NYSE:LMT) Has Some Way To Go To Become A Multi-Bagger

Jul 10
Lockheed Martin (NYSE:LMT) Has Some Way To Go To Become A Multi-Bagger

Dividend Delight: Lockheed Martin Rides High On Favorable Winds

Jun 21

A Look At The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)

May 16
A Look At The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)

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
How does LMT dividend yield compare to the market?
SegmentDividend Yield
Company (LMT)2.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Aerospace & Defense)1.4%
Analyst forecast in 3 Years (LMT)2.5%

Notable Dividend: LMT's dividend (2.22%) is higher than the bottom 25% of dividend payers in the US market (1.41%).

High Dividend: LMT's dividend (2.22%) is low compared to the top 25% of dividend payers in the US market (4.29%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45%), LMT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.2%), LMT's dividend payments are well covered by cash flows.


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