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Lockheed Martin Pays $13.80 a Share in Dividends Every Year. Is the Defense Giant Still a Retirement Staple?

Source: 247wallst.com

Company FundamentalsCapital Returns (Dividends / Buybacks)Corporate EarningsInfrastructure & Defense
Lockheed Martin Pays $13.80 a Share in Dividends Every Year. Is the Defense Giant Still a Retirement Staple?

Lockheed Martin has raised its dividend for 24 consecutive years and has a record $292 billion backlog, while returning billions to shareholders annually. Those strengths are offset by a troubled F-35 contract, a looming billion-dollar pension hit, and one quarter of negative free cash flow.

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