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LMT Lockheed Martin dividend history, payout ratio & dates

Lockheed Martin's last quarterly dividend payment of $2.8 per share was made to shareholders on record before Aug 31, 2022. At an annualized rate of $11.2 per share, the stock yields 2.32%.

Key dates

  • LMT last dividend date: Aug 31, 2022
  • LMT next dividend date: Nov 30, 2022
LMT dividend stats
DPS
$11.2
Dividend yield
2.32%
Payout ratio
51.3%
vs. Industrials sector
Dividend yield
1.45%
Payout ratio
26.7%

Dividend yield

What is Lockheed Martin current dividend yield

LMT has a dividend yield of 2.32% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.45%, Lockheed Martin's dividend yield is 60% higher. The historical 5-year average of LMT's dividend yield is 2.6%, which is more than the current one.

Dividend history

What is LMT dividend payout history and dates

Lockheed Martin has been paying dividends for the last 31 years. According to our records LMT has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 41% from a year ago, the dividend yield marks a decrease of 24%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Lockheed Martin dividend payout ratio

What is Lockheed Martin dividend payout ratio compared to the sector

Payout ratio

LMT has a payout ratio of 51.3% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 26.7%, Lockheed Martin's payout ratio is 92% higher.

Total amount of dividends paid per financial year (from cash flow)

LMT dividend vs peer dividends

How does LMT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
LMT Lockheed Martin Corp 2.32% $11.2 51.3%
GD General Dynamics Corp 1.98% $4.97 41.1%
NOC Northrop Grumman Corp 1.29% $6.76 19.2%

Frequently asked questions

Does Lockheed Martin pay a dividend?

Yes, Lockheed Martin has paid four dividends in the last 12 months. LMT has been paying dividends since 1991.

When is Lockheed Martin's next dividend?

LMT's next dividend is scheduled on Nov 30, 2022 (ex-date).

When was LMT's last dividend?

Lockheed Martin's last dividend ex-date was on Aug 31, 2022. The dividend amount was $2.8 per share.

How much dividend does Lockheed Martin pay (per share)?

LMT has paid dividend of $11.2 per share in the last year.

What is Lockheed Martin's dividend yield?

Lockheed Martin's current dividend yield is 2.32%.

How often does Lockheed Martin pay dividends?

Lockheed Martin has a quarterly dividend frequency.

What is Lockheed Martin's dividend payout ratio?

The dividend payout ratio of Lockheed Martin is 51.3%.

Does Lockheed Martin pay a good dividend?

Lockheed Martin's dividend yield is more than the Industrials sector average.