does lockheed martin stock pay dividends — Guide
Does Lockheed Martin stock pay dividends?
Yes — does lockheed martin stock pay dividends? Short answer: yes. Lockheed Martin Corporation (NYSE: LMT) pays regular cash dividends on its common shares, normally on a quarterly basis, and the company has maintained a long track record of returning capital to shareholders through dividends and share buybacks. This article explains what that means in practice, how the dividend process works, recent trends and declarations (as of June 30, 2024), and where to verify current dividend amounts and dates.
Company and ticker
Lockheed Martin Corporation is a U.S.-based aerospace, defense and security company whose common equity trades on the New York Stock Exchange under the ticker LMT. When readers ask “does lockheed martin stock pay dividends,” they refer to dividends paid on LMT common shares listed and traded in U.S. markets.
The dividend discussion in this guide refers to cash dividends declared by Lockheed Martin’s Board of Directors and paid to holders of LMT common stock according to the company’s official dividend schedule and the stock exchange settlement rules.
Quick answer
Yes — LMT pays quarterly cash dividends. For the most accurate and current dividend amount, ex-dividend date, record date and pay date, check Lockheed Martin’s Investor Relations statements and recognized financial-data services.
As of June 30, 2024, major dividend trackers and Lockheed Martin’s investor materials show the company maintaining regular quarterly payouts and a multi-year record of annual increases.
Dividend policy and payment cadence
- Dividends are declared by Lockheed Martin’s Board of Directors, which sets the per-share amount and the payment schedule.
- LMT historically pays cash dividends on a quarterly cadence: the Board announces (declares) a dividend, then sets an ex-dividend date, a record date, and a pay date.
- Eligibility to receive a dividend is determined by holding LMT shares before the ex-dividend date; holders on or after the ex-dividend date will typically not receive the upcoming payment. The record date is the formal list date the company uses, while the pay date is when cash is actually distributed.
- The Board may change the dividend amount, suspend dividends, or modify timing; therefore, declarations in company press releases are the authoritative source for each dividend’s details.
Dividend history and growth
Lockheed Martin has a long history of paying and increasing dividends. Investors often track two things: the company’s pattern of dividend payments (consistent quarterly distributions) and whether it increases the dividend amount year over year.
- Lockheed Martin has increased its dividend for more than two decades, reflecting a sustained capital-return policy aimed at providing income to shareholders while investing in operations.
- Dividend amounts have changed over time with periodic increases that typically reflect management assessment of cash flows, business outlook and capital allocation priorities.
Historical quarterly amounts
Recent quarterly payments serve as examples of the company’s payout level, but amounts can change with new Board declarations. Financial-data aggregators list per-share quarterly distributions historically to show trends.
- Example: historical trackers show quarterly per-share payouts that have increased over time from smaller amounts years ago to larger, more recent per-share figures (see official dividend history on the company’s investor relations page and dividend-data services for exact per-quarter numbers).
Note: the precise most-recent quarterly amount should be verified on Lockheed Martin’s official dividend history or the most recent press release because the Board’s declaration is the authoritative notice.
Consecutive dividend increases
- As of June 30, 2024, Lockheed Martin is widely reported by dividend trackers and financial commentary to have more than 20 years of consecutive annual dividend increases, making it part of the group of large-cap U.S. companies known for long dividend-growth streaks.
- A multi-decade history of increases is often interpreted by investors as a signal that management prioritizes returning cash to shareholders, but it does not guarantee future increases.
Recent dividend declarations and press releases
Company press releases and investor relations announcements are the definitive sources for declared dividend amounts and official dates.
- As of June 30, 2024, Lockheed Martin’s Investor Relations page and recent press releases list the latest dividend declarations and the relevant dates (declaration date, ex-dividend date, record date, pay date). For readers asking “does lockheed martin stock pay dividends,” those press releases provide the current answer with exact amounts.
Example note: As of June 30, 2024, Lockheed Martin had issued recent quarterly dividend declarations during the prior 12 months — the exact per-share amounts and the timing for each are available in the company’s press releases and a consolidated dividend history on the Investor Relations site.
(Readers should consult the company’s investor announcements for the up-to-the-minute declared amounts and dates; the Board’s declaration notice is the official record.)
Dividend yield, payout ratio, and related metrics
Understanding dividend income requires looking at yield and payout ratios in context.
- Dividend yield is calculated as the annual dividend per share divided by the current share price. Yield moves with changes in the dividend amount and the stock price, so it is a market-derived figure.
- Data aggregators report different yield figures depending on whether they use trailing twelve months (TTM) dividends, the most recently declared annualized dividend, or forward estimates. Typical reported forward yields for Lockheed Martin have historically been in the low-to-mid single digits; exact numbers vary with market price.
- The payout ratio measures the percentage of earnings (or free cash flow) paid out as dividends. Sources such as Koyfin and StockAnalysis commonly report Lockheed Martin payout ratios in the approximate range of 60–80% depending on which profit measure is used (earnings per share vs. free cash flow) and on the fiscal period considered.
Interpreting these metrics:
- A moderate-to-high payout ratio indicates management distributes a substantial portion of profits as dividends. That can be sustainable when backed by consistent cash flow, predictable government contracts and a healthy balance sheet, but it can reduce flexibility for other investments.
- Yield should be compared with sector peers and historical averages; a higher yield may reflect a lower stock price or a higher payout, while a lower yield may reflect a higher stock price or a conservative payout.
For the most recent yield and payout ratio figures, refer to Lockheed Martin’s Investor Relations disclosures and financial-data aggregators that publish forward and trailing metrics.
Dividend safety and analyst perspectives
Assessing dividend safety typically involves these indicators:
- Free cash flow: recurring positive free cash flow supports dividend coverage. Lockheed Martin’s cash flow from operations and free cash flow are key metrics analysts check.
- Payout ratio: a payout ratio below 100% is necessary for short-term sustainability, but materially lower ratios provide more cushion.
- Backlog and contract visibility: as a large defense contractor, Lockheed Martin’s multi-year backlog and long-term government contracts can provide predictable revenue streams that support dividends.
- Debt and leverage: manageable debt levels relative to cash flows reduce the risk that financial stress will force dividend cuts.
Analyst commentary from dividend-focused publications and market commentators generally notes that Lockheed Martin’s dividend is supported by long-term defense contracting revenue and healthy cash generation, though investors should watch program-level risks, procurement timing and macroeconomic conditions that could affect future cash flow.
Note: this section is neutral and informational, not investment advice.
Shareholder returns beyond dividends
Lockheed Martin also returns capital to shareholders through share repurchases (buybacks) in addition to dividends. Total shareholder yield combines dividend yield with the effect of share repurchases, which can increase remaining shareholders’ ownership percentage and earnings per share.
- Over prior reporting periods, the company has announced repurchase authorizations and executed buybacks; the scale and timing vary by year depending on capital allocation priorities.
- When evaluating total return, investors consider dividends plus capital appreciation; buybacks can materially contribute to total shareholder return over time.
Taxation and dividend reinvestment (general)
- In the U.S., most cash dividends from U.S corporations like Lockheed Martin are eligible for “qualified dividend” tax treatment for U.S. taxpayers if holding-period requirements are met; qualified dividends are taxed at lower capital-gains tax rates, whereas non-qualified dividends are taxed at ordinary income rates.
- Tax treatment depends on individual circumstances and residency; non-U.S. investors may face different withholding rules. Consult a tax professional for personal guidance.
- Many brokerages and custodial platforms offer Dividend Reinvestment Plans (DRIPs) that automatically reinvest cash dividends into additional shares of the same company, often without commission. If you prefer to accumulate shares automatically, ask your broker about DRIP availability and terms.
- If you use Bitget services: Bitget Wallet supports token staking and Web3 custody features for crypto assets; for equities such as LMT, use your regulated brokerage or custodial account for dividend handling, and consider whether your brokerage supports dividend reinvestment.
How to verify current dividend information
To confirm the latest dividend amount and schedule for LMT, use these authoritative sources:
- Lockheed Martin — Investor Relations and official press releases for declared dividend amounts and the Board’s notices.
- Company SEC filings and annual reports for context on dividend policy and historical payouts.
- Financial-data aggregators and dividend trackers for consolidated historical tables, trailing and forward yields, and payout ratios (examples include StockAnalysis, Dividend.com, Koyfin and DividendMax).
- Your brokerage account’s security page, which will typically list upcoming ex-dividend dates and any dividend payments credited to your account.
As of June 30, 2024, data aggregators and the company’s investor site list the most recent declarations and historical dividend schedule; check those sources for the current declared per-share amount and the upcoming ex-dividend date.
When the Board declares a dividend, the press release is the authoritative source — always verify against the company’s official announcements.
Example timeline (illustrative)
The following is an illustrative example of how a Lockheed Martin dividend timeline typically works. These dates are examples based on past practice and common cadence; verify the actual dates for each quarter with official press releases.
- Declaration date: The Board announces a dividend (e.g., early calendar-quarter). The declaration includes the per-share amount and the planned ex-dividend, record and pay dates.
- Ex-dividend date: The market date on which new buyers are not eligible for the declared dividend; typically set a business day or two before the record date depending on settlement conventions.
- Record date: The formal date the company uses to determine which shareholders are entitled to receive the dividend.
- Pay date: The date when the cash dividend is distributed to recorded shareholders.
Readers asking “does lockheed martin stock pay dividends” should note that these four steps are common for all U.S.-listed equities paying cash dividends. Always consult the latest company press release for exact dates.
Frequently asked follow-ups
- How often are dividends paid? Lockheed Martin typically pays dividends quarterly.
- How is eligibility determined (ex-date)? Holders of record before the ex-dividend date are generally eligible; if you purchase on or after the ex-date you usually will not receive the upcoming dividend.
- Does owning the stock on the record date matter? The record date is the legal date for entitlement, but because of settlement timing, eligibility is determined by holding shares before the ex-dividend date rather than simply on the record date.
Where this information came from (selected sources)
As of June 30, 2024, the authoritative and commonly referenced sources for the facts summarized in this article include:
- Lockheed Martin — Investor Relations (dividend history pages and press releases)
- StockAnalysis — LMT dividend and yield data
- Dividend.com — LMT profile and dividend history
- Koyfin — dividend metrics and payout-ratio snapshots
- DividendMax — historical dividend tables
- Market commentary sources discussing dividend sustainability (e.g., dividend-oriented financial publications)
Note: the company’s press releases and investor relations materials are the primary authoritative sources for declared dividend amounts and official dates.
Notes for editors / maintainers
- Dividend amounts, yields and payout ratios change over time; update this article after each new Board declaration or when market prices move materially.
- Official company press releases are the authoritative source for declared per-share amounts and official dates — cite the specific press release date and headline for each new declaration.
- Keep the “Recent dividend declarations” and “Example timeline” sections current with the latest declared per-share numbers and dates.
More resources and next steps
If you want the current declared LMT dividend amount and the upcoming ex-dividend date now, visit Lockheed Martin’s Investor Relations dividend history page and your brokerage’s security-detail page. If you are managing assets on Bitget platforms, consider these next steps:
- Use Bitget’s market tools to follow equities and broader market news.
- For crypto-native users exploring dividend-like income from digital assets, consider Bitget Wallet and staking products where available — but remember dividends for U.S. equities are handled through regulated brokerages and custodial accounts.
Want deeper data or a printable dividend history table? Check Lockheed Martin’s investor materials and the dividend-data aggregators for downloadable historical dividend tables.
Further exploration: does lockheed martin stock pay dividends? Yes — the company pays quarterly cash dividends. For live confirmation of the current amount and timing, consult Lockheed Martin’s investor announcements and your brokerage account.
Last updated: As of June 30, 2024. Sources: Lockheed Martin Investor Relations; StockAnalysis; Dividend.com; Koyfin; DividendMax. This article is informational and not investment advice. For personal tax or investment guidance, consult a qualified professional.
