LMT – Dividend Returns, History & Calculator

Dividend Contender 23 Years

Dividend Data

Div Yield 2.29%
5Y Avg Yield 2.37%
Current Div $3.450
Payouts/Year 4
Annualized $13.800
Previous Div $3.450
Ex-date Mar 2, 2026
Dividend Pay Date Mar 27, 2026

Price Data

Price $603.35
Price Change -7.75
Price Change % -1.27%
Next Earnings Report Apr 23, 2026
Low (52W) $410.11
High (52W) $692.00

Growth Rates

Chowder Number 8.5
DGR 1Y 4.7%
DGR 3Y 5.2%
DGR 5Y 6.2%
DGR 10Y 7.9%

Total Returns

TTR 1Y - With Specials 32.8%
TTR 3Y - With Specials 11.1%
TTR 1Y - No Specials 32.8%
TTR 3Y - No Specials 11.1%

Fair Value

Fair Value (P/E 10) $393.59
FV (P/E 10) % 53.0%
Fair Value (Peter Lynch) $536.25
FV (Peter Lynch) % 13.0%
Fair Value (Blended) $489.85
FV (Blended) % 23.0%

Financial Metrics

Revenue 1Y 5.6%
NPM 6.7%
CF/Share $37.13
ROE 76.9%
Current R 1.1x
Debt/Capital 75.0%
ROTC 19.5%
P/E 28.1x
P/BV 20.6x
PEG 3.97

Company Info

Symbol LMT
Company Lockheed Martin Corporation
Sector Industrials
Industry Aerospace & Defense
Website Visit
Market Cap $139,049.3M
📊 Financial data last updated: April 16, 2026 4:10 pm

Calculate your LMT Dividend Returns

Quickly and easily calculate LMT dividend yield using our LMT calculator. Adjust the fields below to see how your LMT investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: April 17, 2026 9:20 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00017$592.19$3.452.33%2.33%$253$25319$11,453
2$12,60919$651.99$3.712.28%2.51%$307$56022$14,116
3$15,54122$717.82$4.002.23%2.70%$366$92624$17,107
4$18,83524$790.31$4.302.18%2.91%$430$1,35626$20,465
5$22,53226$870.11$4.632.13%3.13%$500$1,85628$24,231
6$26,67828$957.97$4.992.08%3.37%$576$2,43130$28,454
7$31,32730$1,054.70$5.372.04%3.63%$658$3,09031$33,186
8$36,53731$1,161.20$5.781.99%3.91%$748$3,83833$38,485
9$42,37133$1,278.46$6.221.95%4.20%$846$4,68435$44,417
10$48,90235$1,407.55$6.701.90%4.53%$952$5,63636$51,054

LMT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
03/02/202603/02/2026$3.452.00%2.04%$676.70
12/01/202512/01/2025$3.453.04%3.14%$439.19
09/02/202509/02/2025$3.302.92%2.92%$452.50
06/02/202506/02/2025$3.302.73%2.76%$478.82
03/03/202503/03/2025$3.302.85%2.92%$451.94
12/02/202412/02/2024$3.302.45%2.54%$520.34
09/03/202409/03/2024$3.152.22%2.22%$567.22
06/03/202406/03/2024$3.152.66%2.69%$467.60
02/29/202402/29/2024$3.152.87%2.94%$428.24
11/30/202311/30/2023$3.152.71%2.81%$447.77
08/31/202308/31/2023$3.002.68%2.68%$448.35
05/31/202305/31/2023$3.002.66%2.70%$444.01
02/28/202302/28/2023$3.002.45%2.53%$474.26
11/30/202211/30/2022$3.002.35%2.47%$485.19
08/31/202208/31/2022$2.802.67%2.67%$420.11
05/31/202205/31/2022$2.802.50%2.54%$440.11
02/28/202202/28/2022$2.802.49%2.58%$433.80
11/30/202111/30/2021$2.803.18%3.36%$333.32
08/31/202108/31/2021$2.602.89%2.89%$359.80
05/28/202105/28/2021$2.602.67%2.72%$382.20
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Invest in LMT with Interactive Brokers

LMT 10-yr Total Return ($10,000 invested)

This analysis of LMT demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 14.3% CAGR, representing strong long-term performance. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (LMT)

Over the selected period, investing $10,000 in LMT would grow to $49,377 with DRIP (393.8%), and $42,049 without DRIP (320.5%).

LMT Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in LMT with historic price growth (10.10%) and dividend growth (7.65%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $190,179

Annual Dividend: $2,829

Yield on Cost: 8.32%

Total Dividends: $22,854

No DRIP

Portfolio: $160,364

Total Dividends: $18,641

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $587,299

Annual Dividend: $6,981

Yield on Cost: 15.18%

Total Dividends: $67,351

No DRIP

Portfolio: $440,875

Total Dividends: $49,754

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $9,018 against a total investment of $25,600. At this point, your portfolio is throwing off $1,413 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,121, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $22,854 versus $34,000 invested, nearly a 67% recovery of capital purely from income. Yield on cost reaches 8.32%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $4,484 is greater than total contributions to date ($40,000), and cumulative dividends exceed $40,176.

By year 30, the DRIP snowball is in full force. Yearly income reaches $6,981, cumulative dividends total $67,351, and the DRIP portfolio value stands at $587,299, compared with $440,875 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for LMT, price $592.19, dividend per period $3.45 (4x/year), along with historic growth assumptions: price growth 10.10% and dividend growth 7.65% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for LMT

Based on past 10-year performance, here are LMT growth metrics:

Share price CAGR of +16.49%
Dividend CAGR of +7.92%

Using LMT CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

LMT (DRIP)LMT (No DRIP)
Current Price$616.25$616.25
Start Shares16.2316.23
Start Value$10,000$10,000
After 10 years:
Final Share Count18.8416.23
Dividends Payment$29.57$29.57
Annual Dividends$551$480
Yield on cost5.51%4.80%
Share Price$2,835.66$2,835.66
Total Dividends$3,804$3,488
Final Value$53,434$49,502

Estimated Future Value + Dividends – LMT

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

LMT Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
03/02/202603/02/2026$3.452.00%2.04%$676.70
12/01/202512/01/2025$3.453.04%3.14%$439.19
09/02/202509/02/2025$3.302.92%2.92%$452.50
06/02/202506/02/2025$3.302.73%2.76%$478.82
03/03/202503/03/2025$3.302.85%2.92%$451.94
12/02/202412/02/2024$3.302.45%2.54%$520.34
09/03/202409/03/2024$3.152.22%2.22%$567.22
06/03/202406/03/2024$3.152.66%2.69%$467.60
02/29/202402/29/2024$3.152.87%2.94%$428.24
11/30/202311/30/2023$3.152.71%2.81%$447.77
08/31/202308/31/2023$3.002.68%2.68%$448.35
05/31/202305/31/2023$3.002.66%2.70%$444.01
02/28/202302/28/2023$3.002.45%2.53%$474.26
11/30/202211/30/2022$3.002.35%2.47%$485.19
08/31/202208/31/2022$2.802.67%2.67%$420.11
05/31/202205/31/2022$2.802.50%2.54%$440.11
02/28/202202/28/2022$2.802.49%2.58%$433.80
11/30/202111/30/2021$2.803.18%3.36%$333.32
08/31/202108/31/2021$2.602.89%2.89%$359.80
05/28/202105/28/2021$2.602.67%2.72%$382.20
02/26/202102/26/2021$2.603.03%3.15%$330.25
11/30/202011/30/2020$2.602.68%2.85%$365.00
08/31/202008/31/2020$2.402.46%2.46%$390.26
05/29/202005/29/2020$2.402.42%2.47%$388.44
02/28/202002/28/2020$2.402.49%2.60%$369.87
11/29/201911/29/2019$2.402.30%2.46%$391.03
08/30/201908/30/2019$2.202.29%2.29%$384.11
05/31/201905/31/2019$2.202.54%2.60%$338.54
02/28/201902/28/2019$2.202.71%2.84%$309.41
11/30/201811/30/2018$2.202.73%2.93%$300.43
08/31/201808/31/2018$2.002.50%2.50%$320.41
05/31/201805/31/2018$2.002.49%2.54%$314.54
02/28/201802/28/2018$2.002.17%2.27%$352.44
11/30/201711/30/2017$2.002.34%2.51%$319.12
08/30/201708/30/2017$1.822.38%2.38%$306.30
05/30/201705/30/2017$1.822.54%2.60%$280.09
02/27/201702/27/2017$1.822.58%2.70%$269.36
11/29/201611/29/2016$1.822.54%2.73%$266.58
08/30/201608/30/2016$1.652.76%2.76%$239.45
05/27/201605/27/2016$1.652.69%2.75%$240.09
02/26/201602/26/2016$1.652.90%3.04%$217.24
11/27/201511/27/2015$1.652.72%2.92%$225.91
08/28/201508/28/2015$1.502.94%2.94%$203.90
05/28/201505/28/2015$1.503.07%3.16%$190.12
02/26/201502/26/2015$1.502.81%2.98%$201.33
11/26/201411/26/2014$1.502.90%3.17%$189.15
08/28/201408/28/2014$1.333.06%3.06%$174.10
05/29/201405/29/2014$1.333.15%3.26%$163.15
02/27/201402/27/2014$1.333.07%3.30%$161.44
11/27/201311/27/2013$1.333.32%3.70%$143.94
08/29/201308/29/2013$1.153.76%3.76%$122.34
05/30/201305/30/2013$1.154.16%4.30%$107.03
02/27/201302/27/2013$1.154.87%5.21%$88.33
11/29/201211/29/2012$1.154.46%4.94%$93.04
08/30/201208/30/2012$1.004.40%4.40%$90.93
05/30/201205/30/2012$1.004.53%4.83%$82.80
02/28/201202/28/2012$1.003.95%4.51%$88.70
11/29/201111/29/2011$1.004.25%5.23%$76.51
08/30/201108/30/2011$0.7504.05%4.05%$74.10
05/27/201105/27/2011$0.7503.73%3.88%$77.26
02/25/201102/25/2011$0.7503.45%3.74%$80.11
11/29/201011/29/2010$0.7503.87%4.40%$68.20
08/30/201008/30/2010$0.6303.59%3.59%$70.22
05/27/201005/27/2010$0.6303.05%3.13%$80.56
02/25/201002/25/2010$0.6303.12%3.27%$76.99
11/27/200911/27/2009$0.6303.04%3.27%$77.10
08/28/200908/28/2009$0.5703.04%3.04%$74.95
05/28/200905/28/2009$0.5702.57%2.75%$82.99
02/26/200902/26/2009$0.5702.87%3.31%$68.93
11/26/200811/26/2008$0.5702.49%3.10%$73.53
08/28/200808/28/2008$0.4201.40%1.40%$119.59
05/29/200805/29/2008$0.4201.48%1.55%$108.61
02/28/200802/28/2008$0.4201.46%1.60%$105.16
11/29/200711/29/2007$0.4201.31%1.50%$112.00
08/30/200708/30/2007$0.3501.42%1.42%$98.65
05/30/200705/30/2007$0.3501.37%1.43%$98.22
02/27/200702/27/2007$0.3501.33%1.43%$97.57
11/29/200611/29/2006$0.3501.38%1.54%$90.62
08/30/200608/30/2006$0.3001.46%1.46%$82.26
05/30/200605/30/2006$0.3001.58%1.65%$72.62
02/27/200602/27/2006$0.3001.49%1.62%$74.06
11/29/200511/29/2005$0.3001.72%1.97%$60.90
08/30/200508/30/2005$0.2501.61%1.61%$62.26
05/27/200505/27/2005$0.2501.48%1.53%$65.40
02/25/200502/25/2005$0.2501.57%1.67%$59.81
11/29/200411/29/2004$0.2501.52%1.67%$60.05
08/30/200408/30/2004$0.2201.64%1.64%$53.72
05/27/200405/27/2004$0.2201.56%1.76%$49.88
02/26/200402/26/2004$0.2201.46%1.89%$46.54
11/26/200311/26/2003$0.2201.24%1.92%$45.95
08/28/200308/28/2003$0.1200.89%0.93%$51.40
05/29/200305/29/2003$0.1200.97%1.03%$46.56
02/27/200302/27/2003$0.1100.96%0.96%$45.81
11/27/200211/27/2002$0.1100.83%0.83%$53.19
08/29/200208/29/2002$0.1100.70%0.70%$62.50
05/30/200205/30/2002$0.1100.70%0.70%$63.14
02/28/200202/28/2002$0.1100.78%0.78%$56.41
11/29/200111/29/2001$0.1100.95%0.95%$46.25
08/30/200108/30/2001$0.1101.12%1.12%$39.37
05/30/200105/30/2001$0.1101.12%1.12%$39.35
03/01/200103/01/2001$0.1101.20%1.20%$36.73
11/29/200011/29/2000$0.1101.26%1.26%$34.90
08/30/200008/30/2000$0.1101.98%1.58%$27.81
05/30/200005/30/2000$0.1102.67%1.78%$24.75
03/02/200003/02/2000$0.1104.50%2.57%$17.13
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

LMT Price

Price to Earnings

LMT trades at a 78.5x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

LMT trades at a 5.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

LMT generated $20.3B in revenue. Revenue has grown by 23% over the period.

Net Income

LMT reported $1.3B in net income.

Revenue vs Net Income

LMT generated $20.3B in revenue with net income of $1.3B, representing a 6.6% net profit margin.

Gross Profit

LMT achieved $15.9B in gross profit, showing revenue after direct production costs.

Operating Income

LMT generated $7.1B in operating income, representing profit from core business operations.

EBITDA

LMT generated $8.2B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

LMT generated $1.5B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

LMT generated $0.8B in free cash flow. Free cash flow has decreased by 22% over the period.

Free Cash Flow / Share

LMT generates $3.62 in free cash flow per share. FCF per share has declined by 22% over the period.

Earnings Per Share (EPS)

LMT reported $5.83 in earnings per share.

Return on Equity (ROE)

LMT delivered a 5.5% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

LMT achieved a 3.3% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

LMT maintains a 6.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

LMT operates with a 78.1% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

LMT holds $3.0B in cash against $1.0B in debt, resulting in a net cash position of $2.0B.

Shares Outstanding

LMT has 0.2B shares outstanding.

Stock-Based Comp

LMT reported $0.5B in stock-based compensation. Over the period, stock-based compensation has increased by 23%.

FCF vs Stock Based Comp

LMT generated $0.8B in free cash flow while spending $0.5B on stock-based compensation, representing 61% of FCF.

FCF vs FCF / Share

LMT reported $0.8B in free cash flow, translating to $3.62 per share.

Revenue: Actual + Estimates

This chart tracks LMT revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks LMT eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks LMT net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks LMT ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

About Lockheed Martin Corporation

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and intern

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Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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