Lockheed Martin's Dividends per Share for the
three
months ended in Dec. 2023 was $3.15.
The historical rank and industry rank for Lockheed Martin's 3-Year Dividend Growth Rate or its related term are showing as below:
LMT'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6 Med: 13.15 Max: 33.6
Current: 7.4
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lockheed Martin was 33.60% per year. The lowest was -20.60% per year. And the median was 13.15% per year.
LMT's 3-Year Dividend Growth Rate is ranked worse than 55.84% of 77
companies
in the Aerospace & Defense industry
Industry Median: 9
vs LMT: 7.40
During the past 12 months, Lockheed Martin's average Dividends Per Share Growth Rate was 6.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Lockheed Martin Corp stock dividend yield is close to 2-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Aerospace & Defense subindustry, Lockheed Martin's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lockheed Martin 3-Year Dividend Growth Rate Distribution
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's 3-Year Dividend Growth Rate falls into.
Lockheed Martin 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Lockheed Martin (NYSE:LMT) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Lockheed Martin's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Lockheed Martin was 1.15. The lowest was 0.40. And the median was 0.50.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Lockheed Martin Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 3.150
2024-02-29
2024-03-01
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.150
2023-11-30
2023-12-01
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.000
2023-08-31
2023-09-01
2023-09-22
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.000
2023-05-31
2023-06-01
2023-06-23
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Lockheed Martin's Dividend Yield (%) for Today is calculated as
Current Share Price is $463.87.
Lockheed Martin's Dividends per Share for the trailing twelve months (TTM) ended in Today is $12.3.
During the past 13 years, the highest Dividend Yield of Lockheed Martin was 4.34%. The lowest was 2.05%. And the median was 2.65%.
Good Sign:
Lockheed Martin Corp stock dividend yield is close to 2-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lockheed Martin 3-Year Dividend Growth Rate Related Terms>
Lockheed Martin (Lockheed Martin) Business Description
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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