Lockheed Martin to pay second-quarter dividend of $2.40 a share in late June

Lockheed Martin Corporation (NYSE: LMT) announced that its board of directors has authorized a second-quarter 2020 dividend of $2.40 per share. 

The dividend is payable on June 26, to holders of record as of the close of business on June 1.

It’s the same amount that Lockheed paid in each of the last two quarters. At Lockheed’s current stock price, the dividend yields more than 2.5 percent on an annual basis.

Lockheed Martin (NYSE: LMT) — a Bethesda, Maryland–based defense contractor — has two plants in Central New York, in Salina and in Owego — as part of the firm’s rotary and mission systems (RMS) business area. The plants employ about 4,100 people combined. 

 The company has about 110,000 workers worldwide.