Lockheed Martin Corporation (LMT) Ex-Dividend Date Scheduled for February 27, 2013


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Lockheed Martin Corporation ( LMT ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $1.15 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased LMT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 15% increase over the same period a year ago.

The previous trading day's last sale of LMT was $88.12, representing a -8.7% decrease from the 52 week high of $96.52 and a 9.96% increase over the 52 week low of $80.14.

LMT is a part of the Capital Goods sector, which includes companies such as Fluor Corporation ( FLR ) and Rockwell Collins, Inc. ( COL ). LMT's current earnings per share, an indicator of a company's profitability, is $8.35. Zacks Investment Research reports LMT's forecasted earnings growth in 2013 as 4.96%, compared to an industry average of 7.2%.

For more information on the declaration, record and payment dates, visit the LMT Dividend History page.

Interested in gaining exposure to LMT through an Exchange Traded Fund [ETF]?
The following ETF(s) have LMT as a top-10 holding:

  • PowerShares Aerospace & Defense ( PPA )
  • iShares Dow Jones U.S. Aerospace & Defense Index Fund ( ITA )
  • SPDR S&P Aerospace & Defense ETF ( XAR )
  • iShares Dow Jones Select Dividend Index Fund ( DVY )
  • PowerShares Dynamic Industrials ( PRN ).

The top-performing ETF of this group is PRN with an increase of 16.94% over the last 100 days. PPA has the highest percent weighting of LMT at 6.1%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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