The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2025 dividend of $3.45 per share, up 4.5 percent from the $3.30 a share that the defense contractor paid last quarter. It is Lockheed’s 23rd straight year of dividend increases, the company said in its Oct. 9 announcement. The dividend is […]
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2025 dividend of $3.45 per share, up 4.5 percent from the $3.30 a share that the defense contractor paid last quarter.
It is Lockheed’s 23rd straight year of dividend increases, the company said in its Oct. 9 announcement. The dividend is payable on Dec. 30, to shareholders of record as of the close of business on Dec. 1.
Lockheed Martin’s board of directors has also authorized the purchase of up to an additional $2 billion of its common stock under its share-repurchase program. With this increase, the total authorization for future repurchases under the share-buyback program is about
$9.1 billion. Lockheed Martin noted that the number of shares it will buy and the timing of those purchases are at the discretion of its management and subject to compliance with applicable laws and regulations.
Lockheed’s market capitalization is nearly $120 billion and its stock price has gained more than 2 percent year to date, as of trading on Oct. 16.
Lockheed Martin is a global defense technology company headquartered in Bethesda, Maryland. It has two Central New York plants — one in Salina and another in Owego — that employ a total of 5,100 people, according to the latest data the company submitted to CNYBJ Research.
