Lockheed Martin A Top 25 Dividend Giant With 2.49% Yield

Lockheed Martin has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a whopping $15.79B worth of stock held by ETFs, and above-average ”DividendRank” statistics including a strong 2.49% yield, according to the most recent Dividend Channel ”DividendRank” report. The report noted a strong quarterly dividend history at Lockheed Martin Corp, and favorable long-term multi-year growth rates in key fundamental data points.

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The annualized dividend paid by Lockheed Martin is $12/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/30/2022. Below is a long-term dividend history chart for LMT, which the report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

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Source: https://www.forbes.com/sites/dividendchannel/2022/11/07/lockheed-martin-a-top-25-dividend-giant-with-249-yield/