Monday, February 7, 2011

Dividend Machine Lockheed Martin, symbol LMT

Lockheed Martin is an aerospace and defense contractor that has consistently been the income investor's friend. Lockheed is the twelfth stock of fifty two that I will profile over one year.

Extra Dividends

Lockheed Martin paid extra dividends when things were going well and continued to increase the dividend when things were not going so well in such as in 2009.

LMT Dividend Machine Fundamentals

Fundamentally, this very large company earns $7.97 per share and pays you $3.00 per share per year based on the most recently declared dividend. 

 If you own LMT February 25, 2011, you will receive a quarterly dividend of $.75 per share on March 25, 2011. The dividend yield at the closing price on Friday, February 04, 2011  of  $81.52 is 3.71%.   LMT has a D/E (debt to equity) ratio of 1.35.

LMT is best of breed in its industry. It is a good fit for income investors. Consider LMT in the context of our unstable world.

Very Truly Yours,