Lockheed Martin Corporation (NYSE:LMT) Updates On Quarterly Dividend


As per Lockheed Martin Corporation (NYSE:LMT) statement on 2016-06-23, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $1.65 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-09-23 and the ex-dividend date is 2016-08-30.

Last fiscal Lockheed Martin Corporation (NYSE:LMT) disbursed cash dividend of $1.65. A year ago, the payout was $1.65, which indicates a difference of 12.0219%. The past track record of five years substantiates that the average payout as given by the firm stands at $1.65, implying 18.428% growth.

For the period ended on 2015-12-31, Lockheed Martin Corporation (NYSE:LMT)’s earnings came at $3.32 per share compared to EPS of $2.77 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-18. For this quarter, the analysts have earnings estimate of $3.01 per share.

The interim price target for Lockheed Martin Corporation (NYSE:LMT) is set at $260.75. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lockheed Martin Corporation (NYSE:LMT) is seen at $297 and the lowest level is established at $225. This broad range highlights a standard deviation of $23.614 in reported estimates.

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