Lockheed Martin Corporation ( LMT ) will begin trading ex-dividend on February 27, 2017. A cash dividend payment of $1.82 per share is scheduled to be paid on March 24, 2017. Shareholders who purchased LMT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.3% increase over prior dividend payment.
The previous trading day's last sale of LMT was $264.85, representing a -1.87% decrease from the 52 week high of $269.90 and a 25.58% increase over the 52 week low of $210.90.
LMT is a part of the Capital Goods sector, which includes companies such as Transdigm Group Incorporated ( TDG ) and Rockwell Collins, Inc. ( COL ). LMT's current earnings per share, an indicator of a company's profitability, is $17.18. Zacks Investment Research reports LMT's forecasted earnings growth in 2017 as 1.81%, compared to an industry average of -5.6%.
Interested in gaining exposure to LMT through an Exchange Traded Fund [ETF]?
The following ETF(s) have LMT as a top-10 holding:
- iShares U.S. Aerospace & Defense ETF ( ITA )
- PowerShares Aerospace & Defense ( PPA )
- iShares Select Dividend ETF ( DVY )
- WBI Tactical LCY Shares ( WBIG )
- SPDR S&P Aerospace & Defense ETF ( XAR ).
The top-performing ETF of this group is XAR with an increase of 17.05% over the last 100 days. ITA has the highest percent weighting of LMT at 7.43%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.