Lockheed Martin to pay first-quarter dividend of $2.20 a share in late March

The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2019 dividend of $2.20 per share. 

The dividend is payable on March 29, to holders of record as of the close of business on March 1.

It’s the same amount that Lockheed paid for its fourth-quarter dividend, when it raised the payment from the $2 paid out in the third quarter. At Lockheed’s current stock price, the dividend yields more than 3 percent on an annual basis.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs about 100,000 people worldwide. Locally, Lockheed Martin currently employs about 1,600 people at its Salina plant and 2,500 at its Owego facility.                       

The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2019 dividend of $2.20 per share. 

The dividend is payable on March 29, to holders of record as of the close of business on March 1.

It’s the same amount that Lockheed paid for its fourth-quarter dividend, when it raised the payment from the $2 paid out in the third quarter. At Lockheed’s current stock price, the dividend yields more than 3 percent on an annual basis.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs about 100,000 people worldwide. Locally, Lockheed Martin currently employs about 1,600 people at its Salina plant and 2,500 at its Owego facility.