Lockheed Martin Corp Dividend yield

Lockheed Martin Corp is part of Aerospace and Defense business, which is part of Industrials industry. Lockheed Martin Corp is a company from USA, and his stocks are publicly traded.

Lockheed Martin Corp stock dividend

Lockheed Martin Corp paid a total dividend of 3,041 million USD last year, for a market value of 113,433 millions (Market Cap 101,258 millions). Lockheed Martin Corp dividend per share is 12.02 USD, and his stock market price 448.35 USD.

According to the chart below, where dividend yield is displayed, Lockheed Martin Corp has a dividend yield of 2.68%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Lockheed Martin Corp stocks dividend with other Aerospace and Defense companies or other of the best USA dividend stocks list.

Lockheed Martin Corp Dividend Payout

About the ability of Lockheed Martin Corp to maintain his current dividend of USD 12.02 per share, an amount that accounts for 2.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lockheed Martin Corp payout on ernings is currently 48.80%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Lockheed Martin Corp can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Lockheed Martin Corp is USD 30.71 per share, which is higher than the dividend per share paid by the company of USD 12.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Lockheed Martin Corp, compared againt world market average, USA companies, Industrials industry and Aerospace and Defense sector companies.

Lockheed Martin Corp Dividend History

Below you will find a table with the historical evolution of Lockheed Martin Corp's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	2.68%	12.02	48.80%	253
2022	2.47%	12.02	46.45%	262
2021	3.15%	11.20	42.86%	278
2020	2.93%	10.40	43.94%	280
2019	2.47%	9.62	50.39%	283
2018	3.13%	8.20	54.49%	286
2017	2.49%	7.99	40.31%	289
2016	2.74%	7.27	57.29%	298
2015	3.01%	6.60	53.61%	311

*In millions

Then you can see the evolution of Lockheed Martin Corp dividend stock, and compare it with the average of USA stocks and that of the Aerospace and Defense stocks.

Lockheed Martin Corp Stock performance

Finally, last moth Lockheed Martin Corp showed a return of 0.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 6.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Aerospace and Defense firms.