Lockheed Martin Corporation (LMT) Dividend History

NYSE: LMTYield, payment dates, growth and payout ratio.

LMT next dividend

$3.60per share · +4.3% vs last
Ex-dividend dateDec 1Tuesday, 2026
Payment dateDec 31Thursday, 2026

Ex-dividend in 44 days. Shareholders who own LMT before the ex-dividend date receive this payment.

  • 23 yearsof dividend increases
  • 1984paying since
  • Quarterly4 payments a year
  • +6.4%5-year growth a year
  • 2.61%forward yield

LMT dividend income calculator

Dividend income a year
$1,440
Each payment
$360
Value of the shares
$55,209
Dividend yield
2.61%

At the latest close; forward annual dividend $14.40 per share, before tax.

LMT dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

LMT dividend safety

Payout ratio (earnings)50.9%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)45.3%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+6.4%
Growing · a year on average
Years of increases23
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

LMT yield on cost

Lockheed Martin Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$495.152.91%$13.802.8%
3 years ago$446.073.23%$39.608.9%
5 years ago$365.003.95%$62.8017.2%
10 years ago$232.796.19%$106.8845.9%
20 years ago$88.0916.35%$144.28163.8%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

LMT dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

LMT dividends by year

Lockheed Martin Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$13.35+4.7%2.76%4
2024$12.75+4.9%2.62%4
2023$12.15+6.6%2.68%4
2022$11.40+7.5%2.34%4
2021$10.60+8.2%2.98%4
2020$9.80+8.9%2.76%4
2019$9.00+9.8%2.31%4
2018$8.20+9.9%3.13%4
2017$7.46+10.2%2.32%4
2016$6.77+10.1%2.71%4
2015$6.15+12.0%2.83%4
2014$5.49+14.9%2.85%4
2013$4.78+15.2%3.22%4
2012$4.15+27.7%4.50%4
2011$3.25+23.1%4.02%4
2010$2.64+12.8%3.78%4
2009$2.34+27.9%3.11%4
2008$1.83+24.5%2.18%4
2007$1.47+17.6%1.40%4
2006$1.25—1.36%4

LMT dividend history

171 payments
Lockheed Martin Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-12-012026-12-31$3.60+4.3%Quarterly
2026-09-012026-09-25$3.45—Quarterly
2026-06-012026-06-26$3.45—Quarterly
2026-03-022026-03-27$3.45—Quarterly
2025-12-012025-12-30$3.45+4.5%Quarterly
2025-09-022025-09-26$3.30—Quarterly
2025-06-022025-06-27$3.30—Quarterly
2025-03-032025-03-28$3.30—Quarterly
2024-12-022024-12-27$3.30+4.8%Quarterly
2024-09-032024-09-27$3.15—Quarterly
2024-06-032024-06-28$3.15—Quarterly
2024-02-292024-03-29$3.15—Quarterly
2023-11-302023-12-29$3.15+5.0%Quarterly
2023-08-312023-09-22$3.00—Quarterly
2023-05-312023-06-23$3.00—Quarterly
2023-02-282023-03-24$3.00—Quarterly
Show all 171 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-11-302022-12-30$3.00+7.1%Quarterly
2022-08-312022-09-23$2.80—Quarterly
2022-05-312022-06-24$2.80—Quarterly
2022-02-282022-03-25$2.80—Quarterly
2021-11-302021-12-27$2.80+7.7%Quarterly
2021-08-312021-09-24$2.60—Quarterly
2021-05-282021-06-25$2.60—Quarterly
2021-02-262021-03-26$2.60—Quarterly
2020-11-302020-12-24$2.60+8.3%Quarterly
2020-08-312020-09-25$2.40—Quarterly
2020-05-292020-06-26$2.40—Quarterly
2020-02-282020-03-27$2.40—Quarterly
2019-11-292019-12-27$2.40+9.1%Quarterly
2019-08-302019-09-27$2.20—Quarterly
2019-05-312019-06-28$2.20—Quarterly
2019-02-282019-03-29$2.20—Quarterly
2018-11-302018-12-28$2.20+10.0%Quarterly
2018-08-312018-09-28$2.00—Quarterly
2018-05-312018-06-22$2.00—Quarterly
2018-02-282018-03-23$2.00—Quarterly
2017-11-302017-12-29$2.00+9.9%Quarterly
2017-08-302017-09-22$1.82—Quarterly
2017-05-302017-06-23$1.82—Quarterly
2017-02-272017-03-24$1.82—Quarterly
2016-11-292016-12-30$1.82+10.3%Quarterly
2016-08-302016-09-23$1.65—Quarterly
2016-05-272016-06-24$1.65—Quarterly
2016-02-262016-03-24$1.65—Quarterly
2015-11-272015-12-24$1.65+10.0%Quarterly
2015-08-282015-09-25$1.50—Quarterly
2015-05-282015-06-26$1.50—Quarterly
2015-02-262015-03-27$1.50—Quarterly
2014-11-262014-12-26$1.50+12.8%Quarterly
2014-08-282014-09-26$1.33—Quarterly
2014-05-292014-06-27$1.33—Quarterly
2014-02-272014-03-28$1.33—Quarterly
2013-11-272013-12-27$1.33+15.7%Quarterly
2013-08-292013-09-27$1.15—Quarterly
2013-05-302013-06-28$1.15—Quarterly
2013-02-272013-03-29$1.15—Quarterly
2012-11-292012-12-28$1.15+15.0%Quarterly
2012-08-302012-09-28$1.00—Quarterly
2012-05-302012-06-22$1.00—Quarterly
2012-02-282012-03-23$1.00—Quarterly
2011-11-292011-12-30$1.00+33.3%Quarterly
2011-08-302011-09-23$0.75—Quarterly
2011-05-272011-06-24$0.75—Quarterly
2011-02-252011-03-25$0.75—Quarterly
2010-11-292010-12-31$0.75+19.0%Quarterly
2010-08-302010-09-24$0.63—Quarterly
2010-05-272010-06-25$0.63—Quarterly
2010-02-252010-03-26$0.63—Quarterly
2009-11-272009-12-31$0.63+10.5%Quarterly
2009-08-282009-09-25$0.57—Quarterly
2009-05-282009-06-26$0.57—Quarterly
2009-02-262009-03-27$0.57—Quarterly
2008-11-262008-12-26$0.57+35.7%Quarterly
2008-08-282008-09-26$0.42—Quarterly
2008-05-292008-06-27$0.42—Quarterly
2008-02-282008-03-28$0.42—Quarterly
2007-11-292007-12-28$0.42+20.0%Quarterly
2007-08-302007-09-28$0.35—Quarterly
2007-05-302007-06-22$0.35—Quarterly
2007-02-272007-03-30$0.35—Quarterly
2006-11-292006-12-29$0.35+16.7%Quarterly
2006-08-302006-09-29$0.3—Quarterly
2006-05-302006-06-30$0.3—Quarterly
2006-02-272006-03-31$0.3—Quarterly
2005-11-292005-12-30$0.3+20.0%Quarterly
2005-08-302005-09-30$0.25—Quarterly
2005-05-272005-06-30$0.25—Quarterly
2005-02-252005-03-31$0.25—Quarterly
2004-11-292004-12-30$0.25+13.6%Quarterly
2004-08-302004-09-30$0.22—Quarterly
2004-05-272004-06-30$0.22—Quarterly
2004-02-262004-03-31$0.22—Quarterly
2003-11-262003-12-31$0.22+83.3%Quarterly
2003-08-282003-09-30$0.12—Quarterly
2003-05-292003-06-30$0.12+9.1%Quarterly
2003-02-272003-03-31$0.11—Quarterly
2002-11-272002-12-31$0.11—Quarterly
2002-08-292002-09-30$0.11—Quarterly
2002-05-302002-06-28$0.11—Quarterly
2002-02-282002-03-29$0.11—Quarterly
2001-11-292001-12-31$0.11—Quarterly
2001-08-302001-09-28$0.11—Quarterly
2001-05-302001-06-29$0.11—Quarterly
2001-03-012001-03-30$0.11—Quarterly
2000-11-292000-12-29$0.11—Quarterly
2000-08-302000-09-29$0.11—Quarterly
2000-05-302000-06-30$0.11—Quarterly
2000-03-022000-03-31$0.11−50.0%Quarterly
1999-11-291999-12-31$0.22—Quarterly
1999-08-301999-09-30$0.22—Quarterly
1999-05-271999-06-30$0.22—Quarterly
1999-03-041999-03-31$0.22—Quarterly
1998-11-271998-12-31$0.22+10.0%Quarterly
1998-08-281998-09-30$0.2—Quarterly
1998-05-281998-06-30$0.2—Quarterly
1998-03-051998-03-31$0.2—Quarterly
1997-11-261997-12-31$0.2—Quarterly
1997-08-281997-09-30$0.2—Quarterly
1997-05-291997-06-30$0.2—Quarterly
1997-03-061997-03-31$0.2—Quarterly
1996-11-271996-12-31$0.2—Quarterly
1996-08-291996-09-30$0.2—Quarterly
1996-05-301996-06-28$0.2—Quarterly
1996-02-291996-03-29$0.2+14.3%Quarterly
1995-11-291995-12-29$0.175—Quarterly
1995-08-301995-09-29$0.175—Quarterly
1995-05-251995-06-30$0.175+0.1%
1995-02-13—$0.1749—
1994-11-15—$0.1749—
1994-08-16—$0.1749—
1994-05-17—$0.1749+7.5%
1994-02-14—$0.1626—
1993-11-16—$0.1626—
1993-08-17—$0.1626—
1993-05-17—$0.1626—
1993-02-08—$0.1626—
1992-11-17—$0.1626—
1992-08-18—$0.1626—
1992-05-12—$0.1626+6.0%
1992-02-10—$0.1534—
1991-11-12—$0.1534—
1991-08-14—$0.1534—
1991-05-15—$0.1534+11.1%
1991-02-12—$0.138—
1990-11-13—$0.138—
1990-08-14—$0.138—
1990-05-16—$0.138—
1990-02-13—$0.138—
1989-11-14—$0.138—
1989-08-15—$0.138—
1989-05-17—$0.138+12.5%
1989-02-14—$0.1227—
1988-11-15—$0.1227—
1988-08-11—$0.1227—
1988-05-18—$0.1227+14.3%
1988-02-10—$0.1074—
1987-11-12—$0.1074—
1987-08-13—$0.1074—
1987-05-19—$0.1074+40.0%
1987-02-11—$0.0767—
1986-11-13—$0.0767—
1986-08-14—$0.0767—
1986-05-20—$0.0767+25.0%
1986-02-10—$0.0614—
1985-11-13—$0.0614—
1985-08-14—$0.0614—
1985-05-21—$0.0614+33.3%
1985-02-08—$0.046—
1984-11-13—$0.046—
1984-08-14—$0.046—
1984-05-22—$0.046—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

LMT stock split history

  • 2:1January 4, 1999
  • 163:100March 16, 1995
  • 3:1September 9, 1983

LMT dividend overview

Lockheed Martin pays an annual dividend of $14.40 per share, a yield of 2.61% at the latest close, paid quarterly. It paid $13.35 per share in 2025, up 4.7% from 2024. It has raised its dividend for 23 consecutive years. Over five years the dividend grew 6.4% a year on average and over ten years 8.1% a year. The payout ratio is 50.9% of trailing earnings.

Related: LMT cash flow statement, LMT key metrics, LMT chart. See the LMT stock overview for the latest quote and news.

LMT dividends FAQ

Does Lockheed Martin pay a dividend?

Yes. Lockheed Martin has paid a regular dividend since 1984, quarterly, most recently $3.60 per share with an ex-dividend date of December 1, 2026.

What is Lockheed Martin's dividend yield?

Lockheed Martin's forward annual dividend is $14.40 per share, a dividend yield of 2.61% at the latest close of $552.09.

When is Lockheed Martin's next dividend?

Lockheed Martin's next dividend of $3.60 per share goes ex-dividend on December 1, 2026 and is paid on December 31, 2026. Shareholders who own the stock before the ex-dividend date receive it.

How often does Lockheed Martin pay dividends?

Lockheed Martin pays dividends quarterly.

How fast is Lockheed Martin's dividend growing?

Lockheed Martin's dividend per share grew from $9.80 in 2020 to $13.35 in 2025, 6.4% a year on average over five years; it has increased for 23 years in a row.

What is Lockheed Martin's dividend payout ratio?

Lockheed Martin pays out 50.9% of its trailing earnings as dividends and 45.3% of its free cash flow (fiscal 2025).

Has Lockheed Martin split its stock?

Lockheed Martin has split its stock 3 times: 2:1 on January 4, 1999, 163:100 on March 16, 1995, 3:1 on September 9, 1983. Dividends per share on this page are adjusted for splits.

Aerospace & Defense: dividends