LMT Dividend History - Lockheed Martin

Track the latest LMT dividend history! 2.61% Dividend Yield, 6.19% Annual Growth - Explore LMT's complete dividend history

Yield 12m 2.61%
Cash Amount 12m 12.75
Dividend Growth 5y avg 6.19%
Dividend Rating 64.53%
Yield on Cost 5y 3.72%
Payout Ratio current 45.7%
Payout Frequency 12m 4
Payout Consistency 97.7%
Total Return 12m: 13.38%
#44 in Group
Total Return 5y: 42.65%
#40 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Aerospace & Defense
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
LMT 115,915m 2.61% 3.72%
TDG 70,455m 5.88% 15.1%
ACLN 5,442m 3.63% 7.43%
PKE 301m 3.55% 4.10%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
LMT 115,915m 6.19% 64.5%
AM 15,759m 7.19% 56.9%
LHX 46,706m 9.70% 66.1%
HWM 48,093m 13.1% 55.7%

LMT Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
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 0.56%
2024-06-03 2024-06-03 2024-06-28 Quarterly 3.15 0.68%
2024-02-29 2024-03-01 2024-03-29 Quarterly 3.15 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 0.67%
2023-05-31 2023-06-01 2023-06-23 Quarterly 3 0.67%
2023-02-28 2023-03-01 2023-03-24 Quarterly 3 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 0.66%
2022-05-31 2022-06-01 2022-06-24 Quarterly 2.8 0.63%
2022-02-28 2022-03-01 2022-03-25 Quarterly 2.8 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 0.72%
2021-05-28 2021-06-01 2021-06-25 Quarterly 2.6 0.68%
2021-02-26 2021-03-01 2021-03-26 Quarterly 2.6 0.77%
2020-11-30 2020-12-01 2020-12-24 Quarterly 2.6 8.3% 0.7%
2020-08-31 2020-09-01 2020-09-25 Quarterly 2.4 0.61%
2020-05-29 2020-06-01 2020-06-26 Quarterly 2.4 0.61%
2020-02-28 2020-03-02 2020-03-27 Quarterly 2.4 0.65%
2019-11-29 2019-12-02 2019-12-27 Quarterly 2.4 9.1%
2019-08-30 2019-09-03 2019-09-27 Quarterly 2.2
2019-05-31 2019-06-03 2019-06-28 Quarterly 2.2
2019-02-28 2019-03-01 2019-03-29 Quarterly 2.2
2018-11-30 2018-12-03 2018-12-28 Quarterly 2.2 10%
2018-08-31 2018-09-04 2018-09-28 Quarterly 2
2018-05-31 2018-06-01 2018-06-22 Quarterly 2
2018-02-28 2018-03-01 2018-03-23 Quarterly 2
2017-11-30 2017-12-01 2017-12-29 Quarterly 2 9.9%
2017-08-30 2017-09-01 2017-09-22 Quarterly 1.82
2017-05-30 2017-06-01 2017-06-23 Quarterly 1.82
2017-02-27 2017-03-01 2017-03-24 Quarterly 1.82
2016-11-29 2016-12-01 2016-12-30 Quarterly 1.82 10.3%
2016-08-30 2016-09-01 2016-09-23 Quarterly 1.65
2016-05-27 2016-06-01 2016-06-24 Quarterly 1.65
2016-02-26 2016-03-01 2016-03-24 Quarterly 1.65
2015-11-27 2015-12-01 2015-12-24 Quarterly 1.65 10%
2015-08-28 2015-09-01 2015-09-25 Quarterly 1.5
2015-05-28 2015-06-01 2015-06-26 Quarterly 1.5
2015-02-26 2015-03-02 2015-03-27 Quarterly 1.5

LMT Dividend History - FAQ

What is the Dividend Yield of LMT?

As of December 2024 LMT`s Dividend Yield is 2.61%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 12.75 USD by the current stock price of 489.02.

What is the long-term Dividend Growth Rate of LMT?

In the last 5 Years the Average Dividend Growth Rate was 6.19% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does LMT pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) LMT paid 4 times a dividend.

What is the Yield on Cost of LMT?

The 5 Year Yield-On-Cost is 3.72%. That's the effective dividend income you'd receive today if you purchased Lockheed Martin five years ago. It is calculated by the Rate of the last 12 Months (12.75) divided by the price 5 years ago (342.80).

What is the Payout Consistency of LMT?

LMT has a Payout Consistency of 97.7%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of LMT?

The Overall Dividend Rating of 64.53 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does LMT have a good Dividend Yield?

LMT`s 2.61% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for LMT?

The next Dividend Date for LMT is unknown.

What is the Dividend Payout Ratio of LMT?

The Dividend Payout Ratio of LMT is 45.7%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: LMT Outstanding Shares

What is the Trend of LMT`s Outstanding Shares?

The Outstanding Shares of Lockheed Martin are shrinking at a rate of -3.22% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Lockheed Martin ever had a Stock Split?

Yes, last Stock Split was on 1999-01-04 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
1994 437931000
1995 378600000 -13.55%
1996 369000000 -2.54%
1997 373800000 +1.3%
1998 380300000 +1.74%
1999 387100000 +1.79%
2000 420000000 +8.5%
2001 436000000 +3.81%
2002 446428600 +2.39%
2003 440909100 -1.24%
2004 439285700 -0.37%
2005 434558800 -1.08%
2006 420731700 -3.18%
2007 417000000 -0.89%
2008 398000000 -4.56%
2009 378000000 -5.03%
2010 353000000 -6.61%
2011 329000000 -6.8%
2012 328000000 -0.3%
2013 326300000 -0.52%
2014 320600000 -1.75%
2015 310200000 -3.24%
2016 295200000 -4.84%
2017 285900000 -3.15%
2018 285500000 -0.14%
2019 283300000 -0.77%
2020 281000000 -0.81%
2021 274300000 -2.38%
2022 258300000 -5.83%
2023 246100000 -4.72%
2024 238600000 -3.05%