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LMT Lockheed Martin Corp

461.91
-1.29 (-0.28%)
04 May 2024 - Closed
Delayed by 15 minutes
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

Lockheed Martin Raises Dividend, Boosts Stock Repurchases

23/09/2021 10:24pm

Dow Jones News


Lockheed Martin (NYSE:LMT)
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   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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