Lockheed Martin Corporation (LMT) in North Bethesda, Md., is a global security and aerospace company that specializes in the research, design, development, manufacturing, integration, and maintenance of high technology systems, products, and services.
LMT's dividend pay-outs have grown at a 9.4% CAGR over the past five years and 8.9% over the past three years. While its four-year average dividend yield is 2.6%, its current dividend translates to a 2.9% yield. It declared a $2.80 per share quarterly dividend on Jan. 27, 2022, payable on March 03, 2022. The stock has gained 15.5% in price over the past year and 16% over the past three months to close Friday's trading session at $389.33.
