BETHESDA, Md., Oct. 2, 2024 /PRNewswire/ — The Lockheed Martin (NYSE: LMT) board of administrators has approved a fourth quarter 2024 dividend of $3.30 in step with percentage. This is a rise of $0.15 in step with percentage over the terminating quarter and represents the corporate’s twenty second consecutive week of dividend will increase. The dividend is payable on Dec. 27, 2024, to holders of file as of the related of commercial on Dec. 2, 2024.
The corporate’s board has additionally approved the acquisition of as much as an alternative $3 billion of Lockheed Martin familiar accumulation underneath its percentage repurchase program. With this build up, general authorization for date repurchases underneath the proportion repurchase program is roughly $10 billion. The selection of stocks bought and the timing of purchases are on the discretion of control and topic to compliance with acceptable rules and laws.
About Lockheed Martin
Lockheed Martin is an international protection era corporate riding innovation and advancing medical discovery. Our all-domain venture answers and twenty first Century Safety® sight boost up the supply of transformative applied sciences to safeguard the ones we grant at all times keep forward of able. Additional info at LockheedMartin.com.
SOURCE Lockheed Martin
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