LMT Lockheed Martin dividend history, payout ratio & dates
Lockheed Martin's last dividend payment of $3.15 per share was made to shareholders on record before Sep 3, 2024. At an annualized rate of $12.6 per share, the stock yields 2.32%.
Key dates
- LMT last dividend date: Sep 3, 2024
LMT dividend stats
vs. Industrials sector
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 1.36%, Lockheed Martin's dividend yield is 71% higher. The historical 5-year average of LMT's dividend yield is 2.6%, which is more than the current one.
Dividend history
Lockheed Martin has been paying dividends for the last 33 years. According to our records LMT has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 5% since one year ago. However with the stock price up by 21% from a year ago, the dividend yield marks a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 3, 2024 | $3.15 | 2.22% |
| Jun 3, 2024 | $3.15 | 2.66% |
| Feb 29, 2024 | $3.15 | 2.87% |
| Nov 30, 2023 | $3.15 | 2.71% |
| Aug 31, 2023 | $3 | 2.68% |
| May 31, 2023 | $3 | 2.66% |
| Feb 28, 2023 | $3 | 2.45% |
| Nov 30, 2022 | $3 | 2.35% |
| Aug 31, 2022 | $2.8 | 2.67% |
| May 31, 2022 | $2.8 | 2.5% |
| Feb 28, 2022 | $2.8 | 2.49% |
| Nov 30, 2021 | $2.8 | 3.18% |
| Aug 31, 2021 | $2.6 | 2.89% |
| May 28, 2021 | $2.6 | 2.67% |
| Feb 26, 2021 | $2.6 | 3.03% |
| Nov 30, 2020 | $2.6 | 2.68% |
| Aug 31, 2020 | $2.4 | 2.46% |
| May 29, 2020 | $2.4 | 2.42% |
| Feb 28, 2020 | $2.4 | 2.49% |
| Nov 29, 2019 | $2.4 | 2.3% |
| Aug 30, 2019 | $2.2 | 2.29% |
| May 31, 2019 | $2.2 | 2.54% |
| Feb 28, 2019 | $2.2 | 2.71% |
| Nov 30, 2018 | $2.2 | 2.73% |
| Aug 31, 2018 | $2 | 2.5% |
| May 31, 2018 | $2 | 2.49% |
| Feb 28, 2018 | $2 | 2.17% |
| Nov 30, 2017 | $2 | 2.34% |
| Aug 30, 2017 | $1.82 | 2.38% |
| May 30, 2017 | $1.82 | 2.54% |
| Feb 27, 2017 | $1.82 | 2.58% |
| Nov 29, 2016 | $1.82 | 2.54% |
| Aug 30, 2016 | $1.65 | 2.76% |
| May 27, 2016 | $1.65 | 2.69% |
| Feb 26, 2016 | $1.65 | 2.9% |
| Nov 27, 2015 | $1.65 | 2.72% |
| Aug 28, 2015 | $1.5 | 2.94% |
| May 28, 2015 | $1.5 | 3.07% |
| Feb 26, 2015 | $1.5 | 2.81% |
Lockheed Martin dividend payout ratio
Payout ratio
LMT has a payout ratio of 45.4% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.7%, Lockheed Martin's payout ratio is 39% higher.
Total amount of dividends paid per financial year (from cash flow)
LMT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LMT Lockheed Martin Corp | 2.32% | $12.6 | 45.4% |
| GD General Dynamics Corp | 1.99% | $5.58 | 42% |
| NOC Northrop Grumman Corp | 1.58% | $7.86 | 48.4% |
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 was LMT's last dividend?
Lockheed Martin's last dividend ex-date was on Sep 3, 2024. The dividend amount was $3.15 per share.
How much dividend does Lockheed Martin pay (per share)?
LMT has paid dividend of $12.6 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 45.4%.
Does Lockheed Martin pay a good dividend?
Lockheed Martin's dividend yield is more than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.