Lockheed Martin Increases Dividend By 36 Percent
Bethesda, MD, 09/25/2008 -- Lockheed Martin Corporation [NYSE: LMT] today announced that its Board of Directors has authorized a dividend increase of 36 percent or $0.15 per-share.
Following the increase, the company's quarterly dividend will be $0.57 per-share. The dividend is payable Dec. 26, 2008 to holders of record as of Dec. 1, 2008.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.