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Data last updated: Sep 17, 2026
Snapshot (as of Sep 17, 2026): Lockheed Martin Corporation (LMT) pays a $13.80 annual dividend ($3.45 quarterly), yielding 2.57% at $537.25/share. Next ex-dividend date 2026-09-01. 25 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.57%
Annual Dividend: $13.80 per share
Payout Ratio: 50.5%
Ex-Dividend Date: 2026-09-01
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 43
Lockheed Martin Corporation dividend investors are looking at one of the most recognized names in global defense, a company that builds combat aircraft, missile defense systems, and satellites for the U.S. government and allied nations. The current yield stands at 2.63%, with a trailing annual dividend rate of $13.80 per share paid quarterly. The next ex-dividend date is September 1, 2026. LMT carries a beta of 0.104, making it one of the lower-volatility equities in the Industrials sector, a trait that appeals to income investors who prioritize price steadiness alongside a Dividend Aristocrat payout.
Lockheed Martin Corporation pays out 50.5% of earnings as dividends, a payout ratio classified as moderate (40-60%). That level is supported by the company's primary customer base: the U.S. government, which funds programs spanning the F-35 combat aircraft, missile defense systems, and classified space systems, creating demand that is contractual rather than discretionary. Lockheed Martin Corporation dividend safety benefits from this structure, though any meaningful shift in U.S. defense appropriations or foreign military sales volumes would directly affect the earnings base underpinning that 50.5% payout.
Lockheed Martin Corporation dividend history shows a CAGR of 10.6% per year from 2011 to 2025. Per-share payments grew from $3.25 to $13.35 over that window (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 4.7% in 2025, which signals that growth has decelerated from the 27.7% peak recorded in 2012.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +5.4% | $11.40 (2022) | $13.35 (2025) |
| 5-Year | +6.4% | $9.80 (2020) | $13.35 (2025) |
| 10-Year | +8.1% | $6.15 (2015) | $13.35 (2025) |
LMT fits dividend investors who want a Dividend Aristocrat with 25 consecutive years of increases and a business anchored in long-cycle U.S. defense contracts. The yield sits in the moderate (2-4%) range at 2.63%, above its 5-year average of 2.29%, which means buyers today are getting a slightly better entry yield than the historical norm. The 10.6% annual dividend CAGR over 14 years is the defining strength here. The trade-off is that recent growth has slowed, with the 2025 increase coming in at just 4.7%, so investors gain a proven, low-volatility income stream but accept that the pace of dividend expansion is no longer what it once was.
LMT is a Dividend Aristocrat with 25 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-01 | $3.4500 |
| 2026-06-01 | $3.4500 |
| 2026-03-02 | $3.4500 |
| 2025-12-01 | $3.4500 |
| 2025-09-02 | $3.3000 |
| 2025-06-02 | $3.3000 |
| 2025-03-03 | $3.3000 |
| 2024-12-02 | $3.3000 |
| 2024-09-03 | $3.1500 |
| 2024-06-03 | $3.1500 |
| Year | Total Dividends |
|---|---|
| 2026 | $10.3500 |
| 2025 | $13.3500 |
| 2024 | $12.7500 |
| 2023 | $12.1500 |
| 2022 | $11.4000 |
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