The new dividend structure translates to an annual payout of $14.40 per share, reflecting a 2.8 percent annual yield based on recent market performance. This increase is scheduled for distribution on December 31 to all shareholders of record as of December 1.
In section Market Quotes
Lockheed Martin Raises Quarterly Dividend to $3.60
With shares closing at $509.59 on Friday, Lockheed Martin is boosting its quarterly dividend by 4.3 percent. The adjustment pushes the payout to $3.60 per share, up from the previous $3.45, signaling a commitment to shareholder returns as the defense contractor heads into the final quarter of the year.
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