Categories: Insurance & Financial ServicesManufacturing & EngineeringSubscriber OnlyTechnology

Lockheed Martin boosts quarterly dividend for Q4

The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a fourth-quarter, 2022 dividend of $3 per share, up 7.1 percent from the $2.80 a share that the defense contractor paid in the third quarter of this year. The new dividend is payable on Dec. 30, to holders of record as of the close […]

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The new dividend is payable on Dec. 30, to holders of record as of the close of business on Dec. 1.

At Lockheed’s current stock price, the dividend yields about 2.8 percent on an annual basis.

Lockheed Martin — a Bethesda, Maryland–based global security and aerospace company — has two plants in Central New York, in Salina and in Owego. The company has about 114,000 workers worldwide, primarily engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services.

Jornal Staff