Lockheed Martin Dividends and Recent Developments: Key Insights Before the Jun 2, 2025 Ex-Dividend Date

CashCowThursday, May 29, 2025 8:16 pm ET
1min read
Lockheed Martin Corporation has announced its latest dividend details. The company revealed a cash dividend of $3.300 per share, with the ex-dividend date set for Jun 2, 2025, and the payment date scheduled for Jun 27, 2025. This dividend is significantly higher compared to an average of $1.128 per share over the last ten distributions. The previous dividend, also a cash dividend, was issued on Mar 28, 2025, at the same rate of $3.300 per share. These figures underscore Lockheed Martin's continued commitment to providing substantial returns to its shareholders.

Recently, Lockheed Martin has been at the forefront of significant industry developments. As of late, the corporation secured a substantial contract modification worth $509.76 million from the U.S. Air Force, enhancing its involvement in the GPS III program. This contract boost is expected to solidify Lockheed Martin's position in the aerospace and defense sector, with analysts suggesting it may positively impact the company's future revenues.

Over the past week, Lockheed Martin's stock performance has seen fluctuations. In a recent trading session, the stock closed at $469.98, which marked a 1.44% decrease from the previous day's close. Despite this dip, the company's strategic maneuvers, such as securing lucrative contracts, are anticipated to bolster investor confidence and potentially lead to a rebound.

Since the last update, Lockheed Martin has participated in significant industry events, notably Bernstein's 41st Annual Strategic Decisions Conference on May 28, 2025. Such engagements highlight the company's proactive approach in addressing strategic challenges and opportunities within the defense and aerospace sectors. This proactive stance is likely to enhance the company's market performance and investor relations in the coming months.

In conclusion, Lockheed Martin continues to demonstrate robust financial health and strategic foresight, as evidenced by its substantial dividends and recent contract acquisitions. Investors should note that Jun 2, 2025, is the ex-dividend date, serving as the last opportunity to purchase shares and qualify for the upcoming dividend. Any purchases made after this date will not be eligible for the current dividend payout.