LMT Dividend History & Analysis | 2.9% Yield

LMT has a dividend yield of 2.9% and paid 13.35 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.94%
Payout Ratio 45.7%
Growth Rate CAGR 5y 5.94%
Consistency Lifetime 98.4%
Yield on Cost 5y 4.53%
Payout FCF 45.3%
Streak Years 42
Dividend Rating 68.03%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Aerospace & Defense

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TDG 80,442 M 6.90% 18.1%
BSP 77,173 M 1.91% 9.65%
RHM 96,202 M 0.51% 10.0%
PKE 488 M 3.01% 4.53%
AM 29,058 M 1.54% 5.65%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
TDG 80,442 M 69.4% 44.3%
SAF 148,066 M 61.2% 88.3%
RHM 96,202 M 41.9% 90.5%
HAG 11,402 M 40.0% 100%
FII 2,886 M 29.2% 91.7%

Quality Dividend Peers in Aerospace & Defense

NOC
Northrop Grumman
1.73% Yield
FII
Lisi S.A
1.41% Yield
GD
General Dynamics
1.91% Yield

LMT Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-01 2025-12-01 2025-12-30 Quarterly 3.45 4.5% 0.76%
2025-09-02 2025-09-02 2025-09-26 Quarterly 3.3 0% 0.73%
2025-06-02 2025-06-02 2025-06-27 Quarterly 3.3 0% 0.69%
2025-03-03 2025-03-03 2025-03-28 Quarterly 3.3 0% 0.73%
2024-12-02 2024-12-02 2024-12-27 Quarterly 3.3 4.8% 0.63%
2024-09-03 2024-09-03 2024-09-27 Quarterly 3.15 0% 0.56%
2024-06-03 2024-06-03 2024-06-28 Quarterly 3.15 0% 0.68%
2024-02-29 2024-03-01 2024-03-29 Quarterly 3.15 0% 0.73%
2023-11-30 2023-12-01 2023-12-29 Quarterly 3.15 5% 0.71%
2023-08-31 2023-09-01 2023-09-22 Quarterly 3 0% 0.67%
2023-05-31 2023-06-01 2023-06-23 Quarterly 3 0% 0.67%
2023-02-28 2023-03-01 2023-03-24 Quarterly 3 0% 0.63%
2022-11-30 2022-12-01 2022-12-30 Quarterly 3 7.1% 0.62%
2022-08-31 2022-09-01 2022-09-23 Quarterly 2.8 0% 0.66%
2022-05-31 2022-06-01 2022-06-24 Quarterly 2.8 0% 0.63%
2022-02-28 2022-03-01 2022-03-25 Quarterly 2.8 0% 0.68%
2021-11-30 2021-12-01 2021-12-27 Quarterly 2.8 7.7% 0.83%
2021-08-31 2021-09-01 2021-09-24 Quarterly 2.6 0% 0.72%
2021-05-28 2021-06-01 2021-06-25 Quarterly 2.6 0% 0.68%
2021-02-26 2021-03-01 2021-03-26 Quarterly 2.6 0% 0.77%
2020-11-30 2020-12-01 2020-12-24 Quarterly 2.6 8.3% N/A
2020-08-31 2020-09-01 2020-09-25 Quarterly 2.4 0% N/A
2020-05-29 2020-06-01 2020-06-26 Quarterly 2.4 0% N/A
2020-02-28 2020-03-02 2020-03-27 Quarterly 2.4 0% N/A
2019-11-29 2019-12-02 2019-12-27 Quarterly 2.4 9.1% N/A
2019-08-30 2019-09-03 2019-09-27 Quarterly 2.2 0% N/A
2019-05-31 2019-06-03 2019-06-28 Quarterly 2.2 0% N/A
2019-02-28 2019-03-01 2019-03-29 Quarterly 2.2 0% N/A
2018-11-30 2018-12-03 2018-12-28 Quarterly 2.2 10% N/A
2018-08-31 2018-09-04 2018-09-28 Quarterly 2 0% N/A
2018-05-31 2018-06-01 2018-06-22 Quarterly 2 0% N/A
2018-02-28 2018-03-01 2018-03-23 Quarterly 2 0% N/A
2017-11-30 2017-12-01 2017-12-29 Quarterly 2 9.9% N/A
2017-08-30 2017-09-01 2017-09-22 Quarterly 1.82 0% N/A
2017-05-30 2017-06-01 2017-06-23 Quarterly 1.82 0% N/A
2017-02-27 2017-03-01 2017-03-24 Quarterly 1.82 0% N/A
2016-11-29 2016-12-01 2016-12-30 Quarterly 1.82 10.3% N/A
2016-08-30 2016-09-01 2016-09-23 Quarterly 1.65 0% N/A
2016-05-27 2016-06-01 2016-06-24 Quarterly 1.65 0% N/A
2016-02-26 2016-03-01 2016-03-24 Quarterly 1.65 0% N/A
2015-11-27 2015-12-01 2015-12-24 Quarterly 1.65 10% N/A
2015-08-28 2015-09-01 2015-09-25 Quarterly 1.5 0% N/A
2015-05-28 2015-06-01 2015-06-26 Quarterly 1.5 0% N/A
2015-02-26 2015-03-02 2015-03-27 Quarterly 1.5 0% N/A
2014-11-26 2014-12-01 2014-12-26 Quarterly 1.5 12.8% N/A
2014-08-28 2014-09-02 2014-09-26 Quarterly 1.33 0% N/A
2014-05-29 2014-06-02 2014-06-27 Quarterly 1.33 0% N/A
2014-02-27 2014-03-03 2014-03-28 Quarterly 1.33 0% N/A
2013-11-27 2013-12-02 2013-12-27 Quarterly 1.33 15.7% N/A
2013-08-29 2013-09-03 2013-09-27 Quarterly 1.15 0% N/A

LMT Dividend FAQ

Lockheed Martin (NYSE:LMT) is a global aerospace and defense integrator that designs, builds, and sustains advanced technology systems across four business segments: Aeronautics (combat, air-mobility and unmanned aircraft), Missiles & Fire Control (air- and missile-defense, precision-strike weapons, logistics and energy-management), Rotary & Mission Systems (helicopters, naval platforms, radar/laser, cyber and training solutions) and Space (satellites, launch services, strategic and classified space-security systems). The company’s customer base is dominated by the U.S. government, with additional revenue from allied foreign militaries and commercial partners.

What is the Dividend Yield of LMT?

As of February 2026, LMT`s dividend yield is 2.94%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 13.4 USD by the current share price of 623.58.

Does LMT pay a dividend?

As of February 2026, LMT paid a dividend of 13.35 USD in the last 12 months. The last dividend was paid on 2025-12-01 and the payout was 3.45 USD.

How often does LMT pay dividends?

LMT pays dividends quarterly. Over the last 12 months, LMT has issued 4 dividend payments. The last dividend payment was made on 2025-12-01.

LMT dividend forecast

Based on historical data, the forecasted dividends per share for LMT for the next 4 payments are between 3.47 (+0.6%) and 3.571 (+3.5%).
This suggests the dividend will remain relatively stable.

Will LMT pay dividends in 2026?

The latest dividend paid per share was 3.45 USD with an Ex-Dividend Date of 2025-12-01. The next Ex-Dividend date for Lockheed Martin (LMT) is currently unknown.

What is the next Ex-Dividend Date for LMT?

The next Ex-Dividend date for Lockheed Martin (LMT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of LMT?

LMT's average dividend growth rate over the past 5 years is 5.94% per year.
Strong growth: LMT's Dividend growth is outpacing inflation.

What is the Yield on Cost of LMT?

LMT's 5-Year Yield on Cost is 4.53%. If you bought LMT's shares at 294.41 USD five years ago, your current annual dividend income (13.4 USD per share, trailing 12 months) equals 4.53% of your original purchase price.

What is the Payout Consistency of LMT?

LMT Payout Consistency is 98.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Lockheed Martin has a strong track record of consistent dividend payments over its lifetime.

Does LMT have a good Dividend Yield?

LMT`s 2.94% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of LMT?

The Dividend Payout Ratio of LMT is 45.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of LMT?

LMT`s Overall Dividend Rating is 68.03%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

LMT Outstanding Shares Analysis

What is the Trend in LMT's Outstanding Shares?

Lockheed Martin's outstanding shares have decreased by approximately 2.93% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has LMT ever had a Stock Split?

Yes, the last stock split was on Jan 4, 1999 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1994 437,931,000
1995 378,600,000 -13.55%
1996 369,000,000 -2.54%
1997 373,800,000 +1.3%
1998 380,300,000 +1.74%
1999 387,100,000 +1.79%
2000 420,000,000 +8.5%
2001 436,000,000 +3.81%
2002 446,428,600 +2.39%
2003 440,909,100 -1.24%
2004 439,285,700 -0.37%
2005 434,558,800 -1.08%
2006 420,731,700 -3.18%
2007 417,000,000 -0.89%
2008 398,000,000 -4.56%
2009 378,000,000 -5.03%
2010 353,000,000 -6.61%
2011 329,000,000 -6.8%
2012 328,000,000 -0.3%
2013 326,300,000 -0.52%
2014 320,600,000 -1.75%
2015 310,200,000 -3.24%
2016 295,200,000 -4.84%
2017 285,900,000 -3.15%
2018 285,500,000 -0.14%
2019 283,300,000 -0.77%
2020 281,000,000 -0.81%
2021 274,300,000 -2.38%
2022 258,300,000 -5.83%
2023 246,100,000 -4.72%
2024 237,000,000 -3.7%
2025 231,900,000 -2.15%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-29 02:40