Lockheed Martin Corp. (NYSE: LMT) recently announced that its board of directors has authorized a dividend of $2.60 per share for the second quarter.
The dividend is payable on June 25, to shareholders of record as of the close of business on June 1.
At Lockheed’s current stock price, the dividend yields about 2.75 percent on an annual basis.
Lockheed Martin (NYSE: LMT) — a Bethesda, Maryland–based global security and aerospace company — has two plants in Central New York, in Salina and in Owego, as part of the firm’s rotary and mission systems (RMS) business area.
The company has about 114,000 workers worldwide.