Lockheed Martin Boosts Investor Returns Through Dividend Hike and Share Buybacks

Lockheed Martin has unveiled a substantial capital return initiative, combining a dividend increase with an expanded share repurchase program. The defense contractor announced a 5% raise in its quarterly dividend to $3.45 per share, marking the twenty-third consecutive year of dividend growth for shareholders.

The October 9 declaration continues Lockheed Martin’s exceptional track record of rewarding investors through consistent dividend enhancements. This latest $0.15 per share increase demonstrates the company’s commitment to shareholder returns even within the typically volatile defense industry. Investors of record as of December 1 will receive the upgraded dividend payment on December 30, 2025.

Simultaneously, the corporation’s board authorized an additional $2 billion for stock repurchases, bringing the total buyback program to $9.1 billion. This dual approach signals management’s... Read more...