Lockheed Martin (LMT) Dividend History & Yield
Dividend ContenderLockheed Martin (LMT) has increased its dividend for 24 consecutive years and currently yields 2.58%. The most recent dividend was $3.4500/share on Mar 27, 2026, paid Quarterly.
Current Yield
2.58%
TTM Dividend/Share
$13.50
Payment Frequency
Quarterly
Payout Ratio
65.4%
Consecutive Growth Years
24 (Dividend Contender)
Div Growth (1Y CAGR)
4.71%
Div Growth (5Y CAGR)
6.38%
Div Growth (10Y CAGR)
8.06%
LMT: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.0%
FCF payout ratio
14.5%
Net debt / EBITDA
2.3x
Interest coverage
6.63x
ROIC (TTM)
20.5%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 65.4%, 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.
FCF payout ratio below 70%
FCF payout ratio is 14.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (6.4%) exceeds EPS growth (-0.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 1, 2026
- Payment date
- Jun 26, 2026
- Dividend
- $3.4500
- Adj. dividend
- $3.4500
Ex-date Mar 2, 2026
- Payment date
- Mar 27, 2026
- Dividend
- $3.4500
- Adj. dividend
- $3.4500
Ex-date Dec 1, 2025
- Payment date
- Dec 30, 2025
- Dividend
- $3.4500
- Adj. dividend
- $3.4500
Ex-date Sep 2, 2025
- Payment date
- Sep 26, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
Ex-date Jun 2, 2025
- Payment date
- Jun 27, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
Ex-date Mar 3, 2025
- Payment date
- Mar 28, 2025
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
Ex-date Dec 2, 2024
- Payment date
- Dec 27, 2024
- Dividend
- $3.3000
- Adj. dividend
- $3.3000
Ex-date Sep 3, 2024
- Payment date
- Sep 27, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
Ex-date Jun 3, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
Ex-date Feb 29, 2024
- Payment date
- Mar 29, 2024
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
Ex-date Nov 30, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $3.1500
- Adj. dividend
- $3.1500
Ex-date Aug 31, 2023
- Payment date
- Sep 22, 2023
- Dividend
- $3.0000
- Adj. dividend
- $3.0000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 1, 2026 | Jun 26, 2026 | $3.4500 | $3.4500 |
| Mar 2, 2026 | Mar 27, 2026 | $3.4500 | $3.4500 |
| Dec 1, 2025 | Dec 30, 2025 | $3.4500 | $3.4500 |
| Sep 2, 2025 | Sep 26, 2025 | $3.3000 | $3.3000 |
| Jun 2, 2025 | Jun 27, 2025 | $3.3000 | $3.3000 |
| Mar 3, 2025 | Mar 28, 2025 | $3.3000 | $3.3000 |
| Dec 2, 2024 | Dec 27, 2024 | $3.3000 | $3.3000 |
| Sep 3, 2024 | Sep 27, 2024 | $3.1500 | $3.1500 |
| Jun 3, 2024 | Jun 28, 2024 | $3.1500 | $3.1500 |
| Feb 29, 2024 | Mar 29, 2024 | $3.1500 | $3.1500 |
| Nov 30, 2023 | Dec 29, 2023 | $3.1500 | $3.1500 |
| Aug 31, 2023 | Sep 22, 2023 | $3.0000 | $3.0000 |
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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Lockheed Martin (LMT) from the consolidated cash flow statement, in USD as filed.
Latest period
$3.15B
YoY change
+2.4%
5Y CAGR
+2.5%
Peak year (2025)
$3.13B
Latest annual
$3.13B
Cash dividends paid over time for Lockheed Martin (LMT)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Lockheed Martin (LMT)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $3.13B | +2.4% | +$72.00M | ||
| 2024 | $3.06B | +0.1% | +$3.00M | ||
| 2023 | $3.06B | +1.3% | +$40.00M | ||
| 2022 | $3.02B | +2.6% | +$76.00M | ||
| 2021 | $2.94B | +6.4% | +$176.00M | ||
| 2020 | $2.76B | +8.1% | +$208.00M | ||
| 2019 | $2.56B | +8.9% | +$209.00M | ||
| 2018 | $2.35B | +8.5% | +$184.00M | ||
| 2017 | $2.16B | +5.6% | +$115.00M | ||
| 2016 | $2.05B | +6.0% | +$116.00M | ||
| 2015 | $1.93B | +9.8% | +$172.00M | ||
| 2014 | $1.76B | +14.3% | +$220.00M | ||
| 2013 | $1.54B | +13.9% | +$188.00M | ||
| 2012 | $1.35B | +23.5% | +$257.00M | ||
| 2011 | $1.09B | +13.0% | +$126.00M | ||
| 2010 | $969.00M | +6.7% | +$61.00M | ||
| 2009 | $908.00M | +23.2% | +$171.00M | ||
| 2008 | $737.00M | +19.8% | +$122.00M | ||
| 2007 | $615.00M | +14.3% | +$77.00M | ||
| 2006 | $538.00M | +16.5% | +$76.00M | ||
| 2005 | $462.00M | +14.1% | +$57.00M | ||
| 2004 | $405.00M | +55.2% | +$144.00M | ||
| 2003 | $261.00M | +31.2% | +$62.00M | ||
| 2002 | $199.00M | +3.6% | +$7.00M | ||
| 2001 | $192.00M | +4.9% | +$9.00M | ||
| 2000 | $183.00M | -47.0% | -$162.00M | ||
| 1999 | $345.00M | +11.3% | +$35.00M | ||
| 1998 | $310.00M | +3.7% | +$11.00M | ||
| 1997 | $299.00M | -1.0% | -$3.00M | ||
| 1996 | $302.00M | +18.9% | +$48.00M | ||
| 1995 | $254.00M | +18.7% | +$40.00M | ||
| 1994 | $214.00M | -0.5% | -$1.00M | ||
| 1993 | $215.00M | +5.4% | +$11.00M | ||
| 1992 | $204.00M | — | — |
Lockheed Martin (LMT) most recent annual dividends paid stands at $3.13B (2025) – edged up 2.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Lockheed Martin dividends paid compounded at +2.5% per year, sustaining 25 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $3.13B (2025); the minimum reading of $183.00M dates to 2000.
Within Industrials, Lockheed Martin (LMT) ranks 3rd among 8 peers we track. The peer median for dividends paid is $2.23B.
Lockheed Martin Dividends Paid 2025: $3.13B
Lockheed Martin dividends paid in 2025 was $3.13B, edged up 2.4% from 2024. This figure represents the highest annual value in the available history.
Lockheed Martin Dividends Paid 2024: $3.06B
Lockheed Martin dividends paid in 2024 was $3.06B, edged up 0.1% from 2023.
Lockheed Martin Dividends Paid 2023: $3.06B
Lockheed Martin dividends paid in 2023 was $3.06B, edged up 1.3% from 2022.
Lockheed Martin Dividends Paid 2022: $3.02B
Lockheed Martin dividends paid in 2022 was $3.02B, edged up 2.6% from 2021.
Lockheed Martin Dividends Paid 2021: $2.94B
Lockheed Martin dividends paid in 2021 was $2.94B.
See more financial history for Lockheed Martin (LMT).
Sector peers by dividends paid
Companies in the same sector as Lockheed Martin, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| RTX (RTX) | $3.57B | Industrials |
| Union Pacific (UNP) | $3.24B | Industrials |
| Honeywell International (HON) | $2.98B | Industrials |
| Caterpillar (CAT) | $2.75B | Industrials |
| Deere & Company (DE) | $1.72B | Industrials |
| Eaton Corporation (ETN) | $1.63B | Industrials |
| GE Aerospace (GE) | $1.45B | Industrials |
| Boeing (BA) | $0 | Industrials |
Frequently asked questions
Does Lockheed Martin pay dividends?
Yes, Lockheed Martin (LMT) pays quarterly dividends of approximately $13.50 per share annually, yielding 2.58%.
What is Lockheed Martin's dividend yield?
Lockheed Martin (LMT) has a current dividend yield of 2.58%.
Is Lockheed Martin's dividend safe?
Lockheed Martin (LMT) passes 6 out of 8 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 65.4%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Lockheed Martin's dividends paid?
Latest reported dividends paid for Lockheed Martin (LMT) is $3.15B (period ending March 29, 2026).
How has Lockheed Martin dividends paid changed year-over-year?
Lockheed Martin (LMT) dividends paid changed +2.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Lockheed Martin dividends paid?
Lockheed Martin (LMT) dividends paid compound annual growth rate is +2.5% over the most recent 5 years available.
When did Lockheed Martin dividends paid hit its highest annual value?
Lockheed Martin dividends paid reached its highest annual value of $3.13B in 2025.
What was Lockheed Martin dividends paid in 2024?
Lockheed Martin (LMT) dividends paid in 2024 was $3.06B.
What was Lockheed Martin dividends paid in 2025?
Lockheed Martin (LMT) dividends paid in 2025 was $3.13B.
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