Lockheed Martin Corporation (LMT) To Go Ex-Dividend on September 1st

Lockheed Martin Corporation (NYSE:LMT – Get Free Report) declared a quarterly dividend on Wednesday, July 22nd. Shareholders 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) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st.

Lockheed Martin has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 22 consecutive years. Lockheed Martin has a payout ratio of 46.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Lockheed Martin to earn $32.94 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 41.9%.

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Lockheed Martin Stock Down 0.4%

Lockheed Martin stock opened at $563.82 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The stock has a market capitalization of $130.12 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10. The business has a 50 day simple moving average of $551.70 and a 200-day simple moving average of $573.75. Lockheed Martin has a 12 month low of $437.25 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT – Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, analysts anticipate that Lockheed Martin will post 30.39 EPS for the current fiscal year.

About Lockheed Martin

(Get Free Report)

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.

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