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Lockheed Martin to pay dividend of $3 per share in late March

The Lockheed Martin Corp. (NYSE:LMT) board of directors has authorized a first-quarter, 2023 dividend of $3 a share. The dividend is payable on March 24, to holders of record as of the close of business on March 1. The payment is the same amount that the company paid in the fourth quarter, when it boosted the […]

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The Lockheed Martin Corp. (NYSE:LMT) board of directors has authorized a first-quarter, 2023 dividend of $3 a share.

The dividend is payable on March 24, to holders of record as of the close of business on March 1.

The payment is the same amount that the company paid in the fourth quarter, when it boosted the dividend by 7.1 percent from the $2.80 a share that the defense contractor disbursed in the third quarter of the year.

At Lockheed’s current stock price, the dividend yields between 2.5 percent and 2.6 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 116,000 workers worldwide, primarily engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services.

Jornal Staff