Lockheed Martin to pay first-quarter dividend in late March

Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a first-quarter 2021 dividend of $2.60 per share.

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

At Lockheed’s current stock price, the dividend yields nearly 3.2 percent on an annual basis.

Lockheed Martin (NYSE: LMT) — a Bethesda, Maryland–based global security and aerospace company— 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 company has about 114,000 workers worldwide.