Lockheed Martin (LMT) Dividend History & Yield
Lockheed Martin (LMT) has increased its dividend for 24 consecutive years and currently yields 2.17%. The most recent payment was $3.4500/share on Mar 2, 2026, paid Quarterly.
Current Yield
2.17%
TTM Dividend/Share
$13.50
Payment Frequency
Quarterly
Payout Ratio
62.4%
Consecutive Growth Years
24
Div Growth (1Y CAGR)
4.71%
Div Growth (5Y CAGR)
6.38%
Div Growth (10Y CAGR)
8.06%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 62.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($29.92) covers dividend/share ($13.50).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
24 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 2, 2026
- Payment date
- Mar 27, 2026
- Dividend
- $3.4500
- Adj. dividend
- $3.4500
- Yield (ex-date)
- 1.99%
Ex-date Dec 1, 2025
- Payment date
- Dec 30, 2025
- Dividend
- $3.4500
- Adj. dividend
- $3.4500
- Yield (ex-date)
- 3.04%
Ex-date Sep 2, 2025
- Payment date
- Sep 26, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
- Yield (ex-date)
- 2.92%
Ex-date Jun 2, 2025
- Payment date
- Jun 27, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
- Yield (ex-date)
- 2.73%
Ex-date Mar 3, 2025
- Payment date
- Mar 28, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
- Yield (ex-date)
- 2.85%
Ex-date Dec 2, 2024
- Payment date
- Dec 27, 2024
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
- Yield (ex-date)
- 2.45%
Ex-date Sep 3, 2024
- Payment date
- Sep 27, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
- Yield (ex-date)
- 2.22%
Ex-date Jun 3, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
- Yield (ex-date)
- 2.66%
Ex-date Feb 29, 2024
- Payment date
- Mar 29, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
- Yield (ex-date)
- 2.87%
Ex-date Nov 30, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
- Yield (ex-date)
- 2.71%
Ex-date Aug 31, 2023
- Payment date
- Sep 22, 2023
- Dividend
- $3.0000
- Adj. dividend
- $3.0000
- Yield (ex-date)
- 2.68%
Ex-date May 31, 2023
- Payment date
- Jun 23, 2023
- Dividend
- $3.0000
- Adj. dividend
- $3.0000
- Yield (ex-date)
- 2.66%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 2, 2026 | Mar 27, 2026 | $3.4500 | $3.4500 | 1.99% |
| Dec 1, 2025 | Dec 30, 2025 | $3.4500 | $3.4500 | 3.04% |
| Sep 2, 2025 | Sep 26, 2025 | $3.3000 | $3.3000 | 2.92% |
| Jun 2, 2025 | Jun 27, 2025 | $3.3000 | $3.3000 | 2.73% |
| Mar 3, 2025 | Mar 28, 2025 | $3.3000 | $3.3000 | 2.85% |
| Dec 2, 2024 | Dec 27, 2024 | $3.3000 | $3.3000 | 2.45% |
| Sep 3, 2024 | Sep 27, 2024 | $3.1500 | $3.1500 | 2.22% |
| Jun 3, 2024 | Jun 28, 2024 | $3.1500 | $3.1500 | 2.66% |
| Feb 29, 2024 | Mar 29, 2024 | $3.1500 | $3.1500 | 2.87% |
| Nov 30, 2023 | Dec 29, 2023 | $3.1500 | $3.1500 | 2.71% |
| Aug 31, 2023 | Sep 22, 2023 | $3.0000 | $3.0000 | 2.68% |
| May 31, 2023 | Jun 23, 2023 | $3.0000 | $3.0000 | 2.66% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Lockheed Martin has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 24 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $13.3500 | — | — |
| 2025 | $12.7500 | $13.3500 | +4.7% |
| 2024 | $12.1500 | $12.7500 | +4.9% |
| 2023 | $11.4000 | $12.1500 | +6.6% |
| 2022 | $10.6000 | $11.4000 | +7.5% |
| 2021 | $9.8000 | $10.6000 | +8.2% |
| 2020 | $9.0000 | $9.8000 | +8.9% |
| 2019 | $8.2000 | $9.0000 | +9.8% |
| 2018 | $7.4600 | $8.2000 | +9.9% |
| 2017 | $6.7700 | $7.4600 | +10.2% |
| 2016 | $6.1500 | $6.7700 | +10.1% |
| 2015 | $5.4900 | $6.1500 | +12.0% |
| 2014 | $4.7800 | $5.4900 | +14.9% |
| 2013 | $4.1500 | $4.7800 | +15.2% |
| 2012 | $3.2500 | $4.1500 | +27.7% |
| 2011 | $2.6400 | $3.2500 | +23.1% |
| 2010 | $2.3400 | $2.6400 | +12.8% |
| 2009 | $1.8300 | $2.3400 | +27.9% |
| 2008 | $1.4700 | $1.8300 | +24.5% |
| 2007 | $1.2500 | $1.4700 | +17.6% |
| 2006 | $1.0500 | $1.2500 | +19.0% |
| 2005 | $0.9100 | $1.0500 | +15.4% |
| 2004 | $0.5700 | $0.9100 | +59.6% |
| 2003 | $0.4400 | $0.5700 | +29.5% |
| 2002 | $0.4400 | $0.4400 | 0.0% |
| 2001 | $0.4400 | $0.4400 | 0.0% |
| 2000 | $0.8800 | $0.4400 | -50.0% |
| 1999 | $0.8200 | $0.8800 | +7.3% |
| 1998 | $0.8000 | $0.8200 | +2.5% |
| 1997 | $0.8000 | $0.8000 | 0.0% |
| 1996 | $0.6999 | $0.8000 | +14.3% |
| 1995 | $0.6871 | $0.6999 | +1.9% |
| 1994 | $0.6503 | $0.6871 | +5.7% |
| 1993 | $0.6411 | $0.6503 | +1.4% |
| 1992 | $0.5981 | $0.6411 | +7.2% |
| 1991 | $0.5522 | $0.5981 | +8.3% |
| 1990 | $0.5368 | $0.5522 | +2.9% |
| 1989 | $0.4755 | $0.5368 | +12.9% |
| 1988 | $0.3988 | $0.4755 | +19.2% |
| 1987 | $0.2914 | $0.3988 | +36.8% |
| 1986 | $0.2301 | $0.2914 | +26.7% |
| 1985 | — | $0.2301 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Lockheed Martin pay dividends?
- Yes, Lockheed Martin (LMT) pays quarterly dividends of approximately $13.50 per share annually, yielding 2.17%.
What is Lockheed Martin's dividend yield?
- Lockheed Martin (LMT) has a current dividend yield of 2.17%.
Is Lockheed Martin's dividend safe?
- Lockheed Martin (LMT) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Lockheed Martin increased its dividend?
- Lockheed Martin (LMT) has 24 consecutive years of dividend increases.
What is Lockheed Martin's dividend payout ratio?
- Lockheed Martin (LMT) has a dividend payout ratio of 62.4%.