Dividend Growth of Lockheed Martin Corporation(LMT)

Lockheed Martin Corporation(LMT) is having a Dividend Yield of 2.76% with the Annual cash Dividend per share of $6.77. The last quarter cash dividend per share pay out was $1.82. Lockheed Martin Corporation has a 5 year average dividend yield of 3.56% and the stock has a Indicated annual dividend of $7.28. Lockheed Martin Corporation(LMT) formally announced its most recent dividend on January 26, 2017 with a Dividend per share of $1.82. The new indicated annual dividend based on announced dividend per share is $7.28. The dividend yield based on the forward looking indicated annual dividend is 2.76%. Lockheed Martin Corporation(LMT) has the most recent dividend payout ratio of 0.57 with a 5-year average payout ratio of 0.52. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Lockheed Martin Corporation(LMT) is at the rate of 13.22% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Lockheed Martin Corporation (NYSE:LMT) rose 0.71% or 1.87 points on Thursday and made its way into the gainers of the day. After trading began at $263.92 the stock was seen hitting $265.4 as a peak level and $262.73 as the lowest level. The stock ended up at $265.33. The daily volume was measured at 859,021 shares. The 52-week high of the share price is $269.9 and the 52-week low is $206.85. The company has a market cap of $77,029 million. Shares of Lockheed Martin Corporation rose by 2.76% in the last five trading days and 4.43% for the last 4 weeks. Lockheed Martin Corporation is up 0.46% in the last 3-month period. Year-to-Date the stock performance stands at 6.16%.

Currently the company Insiders own 0.42% of Lockheed Martin Corporation shares according to the proxy statements. Institutional Investors own 79.73% of Lockheed Martin Corporation shares. Company has reported several Insider transactions to the SEC, on Aug 5, 2016, Sondra L Barbour (Executive Vice President) sold 66,460 shares at 255.89 per share price.On Apr 29, 2016, Maryanne Lavan (SVP & General Counsel) sold 21,720 shares at 233.17 per share price.On Apr 29, 2016, Marillyn A Hewson (Chairman, Pres. & CEO) sold 25,000 shares at 233.38 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lockheed Martin Corporation was Reiterated by RBC Capital Mkts on Jan 25, 2017 to Sector Perform, Lowers Price Target to $ 263 from a previous price target of $265 .Lockheed Martin Corporation was Initiated by RBC Capital Mkts on Jan 12, 2017 to Sector Perform, Price Target of the shares are set at $265.

Lockheed Martin Corporation Last issued its quarterly earnings results on Jan 24, 2017. The company reported $3.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $3.04. The company had revenue of $13752.00 million for the quarter, compared to analysts expectations of $12994.70 million. The companys revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.01 EPS.

Lockheed Martin Corp. is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporations core businesses are systems integration, space, aeronautics, and technology services. (Company Press Release)


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