Lockheed Martin Corporation (NYSE:LMT) Updates On Dividend Release Date


On 2016-06-23, Lockheed Martin Corporation (NYSE:LMT) confirmed the dividend disbursement of $1.65 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-23 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Lockheed Martin Corporation (NYSE:LMT) paid a total of $1.65 per share in dividends. This figure stood at $1.65 a share in the same period a year ago indicating a deviation of 12.0219%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $267.875 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $297 and $240, respectively.

Taking the mathematical rating formula, the price for Lockheed Martin Corporation (NYSE:LMT) stands at 2.6. Earnings Review Lockheed Martin Corporation (NYSE:LMT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $2.99.

Coming to the quarter ending on 2015-12-31, Lockheed Martin Corporation (NYSE:LMT) recorded EPS of $3.32. The reported numbers came lower than the analysts’ estimates of $2.92, demonstrating a miss of $0.4 as against reported figures.

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