Lockheed Martin (LMT) Raises Quarterly Dividend 10.3% to $1.82; Adds $2B to Stock Buyback Program

Lockheed Martin Declares Fourth Quarter 2016 Dividend

BETHESDA, Md., Sept. 22, 2016 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2016 dividend of $1.82 per share, representing a 10 percent increase or $0.17 per share over last quarter. The dividend is payable on December 30, 2016 to holders of record as of the close of business on December 1, 2016.

This is the 14th year in a row that the Corporation has increased its quarterly dividend rate by 10 percent or more.

"Our strong... More

Lockheed Martin Declares Fourth Quarter 2016 Dividend

BETHESDA, Md., Sept. 22, 2016 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2016 dividend of $1.82 per share, representing a 10 percent increase or $0.17 per share over last quarter. The dividend is payable on December 30, 2016 to holders of record as of the close of business on December 1, 2016.

This is the 14th year in a row that the Corporation has increased its quarterly dividend rate by 10 percent or more.

"Our strong... More

Lockheed Martin Increases Share Repurchase Authority by $2.0 Billion

BETHESDA, Md., Sept. 22, 2016 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized the purchase of up to an additional $2.0 billion of Lockheed Martin common stock under its share repurchase program. With this increase, the total remaining... More

PAC-3 Destroys Tactical Ballistic Missile Target

WHITE SANDS MISSILE RANGE, N.M., Sept. 21, 2016 /PRNewswire/ -- Two Lockheed Martin (NYSE: LMT) PAC-3 Missiles successfully intercepted two tactical ballistic missile (TBM) targets today as part of a U.S. Army-led missile defense flight test at White Sands Missile Range, New Mexico. The test demonstrated the hit-to-kill interceptor's unique ability to detect, track and destroy... More