Lockheed Martin to pay Q2 dividend of $3.15 per share in late June

The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a second-quarter, 2024 dividend of $3.15 per share. The dividend is payable on June 28, to holders of record as of the close of business on June 3, according to a May 2 company news release. At Lockheed’s current stock price, the dividend yields about 2.75 percent on an annual basis. Lockheed Martin also announced that the independent members of its board unanimously elected Thomas J. Falk as independent lead director of the board effective May 2. He succeeds Daniel F. Akerson who, along with James O. Ellis, Jr., retired from the board that morning, following the company’s annual stockholders’ meeting. Lockheed Martin — a Bethesda, Maryland–based global defense technology company — has two plants in Central New York, in Salina and in Owego, respectively.