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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.29 | -0.28% | 461.91 | 462.93 | 457.1701 | 462.93 | 910,783 | 01:00:00 |
By Kimberly Chin
Lockheed Martin Corp. raised its quarterly dividend and expanded its stock-buyback program with an additional authorization.
The Bethesda, Md., company's new dividend is $2.80 a share, up from its previous dividend of $2.60 a share.
The dividend will be payable on Dec. 27 to shareholders of record as of Dec. 1.
The security and aerospace company's board has also authorized an additional $5 billion in share repurchases under its existing program. This brings its total authorization to nearly $6 billion, the company said.
Lockheed's shares rose 1.1% after hours to $348.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 23, 2021 17:09 ET (21:09 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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