Lockheed Martin's last quarterly dividend payment of $3 per share was made to shareholders on record before Aug 31, 2023. At an annualized rate of $12 per share, the stock yields 2.93%.
LMT has a dividend yield of 2.93% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.52%, Lockheed Martin's dividend yield is 93% higher. The historical 5-year average of LMT's dividend yield is 2.6%, which is less than the current one.
Lockheed Martin has been paying dividends for the last 32 years. According to our records LMT has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 7% since one year ago. And with the stock price up by 4.9% from a year ago, the dividend yield has grown by 2%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 31, 2023 | Sep 22, 2023 | Jun 22, 2023 | $3 | normal |
May 31, 2023 | Jun 23, 2023 | Apr 26, 2023 | $3 | normal |
Feb 28, 2023 | Mar 24, 2023 | Jan 26, 2023 | $3 | normal |
Nov 30, 2022 | Dec 30, 2022 | Sep 30, 2022 | $3 | normal |
Aug 31, 2022 | Sep 23, 2022 | Jun 23, 2022 | $2.8 | normal |
May 31, 2022 | Jun 24, 2022 | Apr 20, 2022 | $2.8 | normal |
Feb 28, 2022 | Mar 25, 2022 | Jan 27, 2022 | $2.8 | normal |
Nov 30, 2021 | Dec 27, 2021 | Sep 23, 2021 | $2.8 | normal |
Aug 31, 2021 | Sep 24, 2021 | Jun 24, 2021 | $2.6 | normal |
May 28, 2021 | Jun 25, 2021 | Apr 21, 2021 | $2.6 | normal |
Feb 26, 2021 | Mar 26, 2021 | Jan 28, 2021 | $2.6 | normal |
Nov 30, 2020 | Dec 24, 2020 | Sep 25, 2020 | $2.6 | normal |
Aug 31, 2020 | Sep 25, 2020 | Jun 25, 2020 | $2.4 | normal |
May 29, 2020 | Jun 26, 2020 | Apr 22, 2020 | $2.4 | normal |
Feb 28, 2020 | Mar 27, 2020 | Jan 24, 2020 | $2.4 | normal |
Nov 29, 2019 | Dec 27, 2019 | Sep 26, 2019 | $2.4 | normal |
Aug 30, 2019 | Sep 27, 2019 | Jun 27, 2019 | $2.2 | normal |
May 31, 2019 | Jun 28, 2019 | Apr 24, 2019 | $2.2 | normal |
Feb 28, 2019 | Mar 29, 2019 | Jan 24, 2019 | $2.2 | normal |
Nov 30, 2018 | Dec 28, 2018 | Sep 27, 2018 | $2.2 | normal |
Aug 31, 2018 | Sep 28, 2018 | Jun 28, 2018 | $2 | normal |
May 31, 2018 | Jun 22, 2018 | Apr 25, 2018 | $2 | normal |
Feb 28, 2018 | Mar 23, 2018 | Jan 24, 2018 | $2 | normal |
Nov 30, 2017 | Dec 29, 2017 | Sep 28, 2017 | $2 | normal |
Aug 30, 2017 | Sep 22, 2017 | Jun 22, 2017 | $1.82 | normal |
May 30, 2017 | Jun 23, 2017 | Apr 26, 2017 | $1.82 | normal |
Feb 27, 2017 | Mar 24, 2017 | Jan 26, 2017 | $1.82 | normal |
Nov 29, 2016 | Dec 30, 2016 | Sep 22, 2016 | $1.82 | normal |
Aug 30, 2016 | Sep 23, 2016 | Jun 23, 2016 | $1.65 | normal |
May 27, 2016 | Jun 24, 2016 | Apr 27, 2016 | $1.65 | normal |
Feb 26, 2016 | Mar 24, 2016 | Jan 28, 2016 | $1.65 | normal |
Nov 27, 2015 | Dec 24, 2015 | $1.65 | normal | |
Aug 28, 2015 | Sep 25, 2015 | $1.5 | normal |
LMT has a payout ratio of 43.8% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 29.2%, Lockheed Martin's payout ratio is 50% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LMT Lockheed Martin Corp | 2.93% | $12 | 43.8% |
GD General Dynamics Corp | 2.34% | $5.16 | 42% |
NOC Northrop Grumman Corp | 1.64% | $7.2 | 23.8% |
Yes, Lockheed Martin has paid four dividends in the last 12 months. LMT has been paying dividends since 1991.
Currently LMT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Lockheed Martin's last dividend ex-date was on Aug 31, 2023. The dividend amount was $3 per share.
LMT has paid dividend of $12 per share in the last year.
Lockheed Martin's current dividend yield is 2.93%.
Lockheed Martin has a quarterly dividend frequency.
The dividend payout ratio of Lockheed Martin is 43.8%.
Lockheed Martin's dividend yield is more than the Industrials sector average.