Lockheed Martin Corporation (LMT) to Distribute Quarterly Dividend of $3.45 on September 25th

Lockheed Martin Corporation (NYSE:LMT) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Tuesday, September 1st will be paid a dividend of 3.45 per share by the aerospace company on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st.

Lockheed Martin has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 22 consecutive years. Lockheed Martin has a payout ratio of 46.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Lockheed Martin to earn $32.35 per share next year, which means the company should continue to be able to cover its $13.80 annual dividend with an expected future payout ratio of 42.7%.

Lockheed Martin Stock Performance

LMT stock opened at $568.62 on Friday. Lockheed Martin has a 1-year low of $412.55 and a 1-year high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm has a market cap of $131.10 billion, a PE ratio of 27.54, a P/E/G ratio of 0.92 and a beta of 0.11. The business’s 50-day moving average price is $522.45 and its two-hundred day moving average price is $573.14.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same period in the previous year, the firm earned $1.46 EPS. Lockheed Martin’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts forecast that Lockheed Martin will post 29.92 earnings per share for the current year.

About Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.