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Lockheed Martin (Lockheed Martin) Dividend Yield %

: 2.76% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Lockheed Martin is 2.76%.

Good Sign:

Lockheed Martin Corp stock dividend yield is close to 2-year high.

The historical rank and industry rank for Lockheed Martin's Dividend Yield % or its related term are showing as below:

LMT' s Dividend Yield % Range Over the Past 10 Years
Min: 2.05   Med: 2.65   Max: 4.34
Current: 2.76

During the past 13 years, the highest Dividend Yield of Lockheed Martin was 4.34%. The lowest was 2.05%. And the median was 2.65%.

LMT's Dividend Yield % is ranked better than
81.88% of 138 companies
in the Aerospace & Defense industry
Industry Median: 1.03 vs LMT: 2.76

Lockheed Martin's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.40.

During the past 13 years, the highest Dividend Payout Ratio of Lockheed Martin was 1.15. The lowest was 0.40. And the median was 0.50.

As of today (2024-04-18), the Forward Dividend Yield % of Lockheed Martin is 2.82%.

Lockheed Martin's Dividends per Share for the three months ended in Dec. 2023 was $3.15.

During the past 12 months, Lockheed Martin's average Dividends Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lockheed Martin was 33.60% per year. The lowest was -20.60% per year. And the median was 13.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Lockheed Martin Dividend Yield % Historical Data

The historical data trend for Lockheed Martin's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lockheed Martin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 2.76 2.98 2.34 2.68

Lockheed Martin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.34 2.45 2.56 2.93 2.68

Competitive Comparison

For the Aerospace & Defense subindustry, Lockheed Martin's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lockheed Martin Dividend Yield % Distribution

For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lockheed Martin's Dividend Yield % falls into.



Lockheed Martin Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lockheed Martin Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 3.1502024-02-292024-03-012024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 3.1502023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 3.0002023-08-312023-09-012023-09-22Cash DividendquarterlyUSD:USD 1.000000
USD 3.0002023-05-312023-06-012023-06-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lockheed Martin's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=12.3/456.05
=2.70 %

Current Share Price is $456.05.
Lockheed Martin's Dividends per Share for the trailing twelve months (TTM) ended in Today is $12.3.

Lockheed Martin's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=12.6/456.05
=2.76 %

Current Share Price is $456.05.
Lockheed Martin's Dividends per Share for the forward twelve months is calculated as $3.15 * 4 = $12.6.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lockheed Martin  (NYSE:LMT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lockheed Martin Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lockheed Martin's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lockheed Martin (Lockheed Martin) Business Description

Address
6801 Rockledge Drive, Bethesda, MD, USA, 20817
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
Executives
John Donovan director 208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Stephanie C. Hill officer: Executive Vice President 55 WATER STREET, NEW YORK NY 10041
Timothy S Cahill officer: Executive Vice President 6802 ROCKLEDGE DRIVE, BETHESDA MD 20817
St John Frank A officer: Executive Vice President 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Gregory M Ulmer officer: Acting Executive Vice Pres. 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Paul Harry Edward Iii officer: Vice President & Controller 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Evan T Scott officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John W Mollard officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Brian P Colan officer: VP & Controller 6801 ROCKLEDGE DR, BETHESDA MD 20817
Maryanne Lavan officer: SVP & General Counsel 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Jesus Jr Malave officer: Chief Financial Officer L3HARRIS TECHNOLOGIES INC, 1025 WEST NASA BOULEVARD, MELBOURNE FL 32919
Lightfoot Robert M Jr officer: Executive Vice President 6801 ROCKLEDGE DR, BETHESDA MD 20817
Patricia E Yarrington director 6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Kenneth R Possenriede officer: Vice President & Treasurer 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817

Lockheed Martin (Lockheed Martin) Headlines