Lockheed Martin Corp. (LMT) Raises Quarterly Dividend 33.3% to $1.00; 5.5% Yield; Authorized $2.5B Buyback
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Price: $463.87 +1.71%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.9%
EPS Growth %: -12.4%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.9%
EPS Growth %: -12.4%
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Lockheed Martin Corp. (NYSE: LMT) declared a quarterly dividend of $1.00 per share, or $4 annualized. This is a 33.3% increase from the prior dividend of $0.75.
The dividend will be payable on December 30, 2011, to stockholders of record on December 1, 2011, with an ex-dividend date of November 29, 2011.
The annual yield on the dividend is 5.5 percent.
Lockheed also authorized the purchase of up to an additional $2.5 billion of Lockheed Martin common stock under its share repurchase program.
The dividend will be payable on December 30, 2011, to stockholders of record on December 1, 2011, with an ex-dividend date of November 29, 2011.
The annual yield on the dividend is 5.5 percent.
Lockheed also authorized the purchase of up to an additional $2.5 billion of Lockheed Martin common stock under its share repurchase program.
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