Global Security and Aerospace Giant Boosts Investor Returns

  • Lockheed Martin raises quarterly dividend by 4.8%
  • Dividend increased to $3.30 per share from $3.15 previously
  • New payout represents a yield of 2.19% based on the company’s last closing price of $603.20
  • Dividend payment date is December 2
  • Company approves $3 billion increase to share buyback program

Lockheed Martin, a global security and aerospace company, has announced an increase in its quarterly dividend by 4.8% to $3.30 per share from the previous $3.15. This new payout equates to a yield of 2.19%, based on the company’s last closing price of $603.20 and will be paid out on December 2nd. Additionally, the company has approved a $3 billion increase to its share buyback program, raising its authorization to approximately $10 billion.

Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about Lockheed Martin’s decision to raise its quarterly dividend and increase its share buyback program. It includes relevant details such as the new payout amount, yield, and the company’s last closing price. There is no sensationalism, redundancy, or personal perspective presented as a fact.
Noise Level: 7
Noise Justification: The article provides relevant information about the company’s decision to raise dividends and increase its share buyback program, but it lacks in-depth analysis or exploration of the reasons behind this decision and its potential impact on the company and investors. It also does not offer any actionable insights or new knowledge for readers.
Public Companies: Lockheed Martin (LMT)
Key People:

Track all markets on TradingView

Financial Relevance: Yes
Financial Markets Impacted: Yes
Financial Rating Justification: The article discusses Lockheed Martin raising its dividend and increasing its share buyback program, which are financial actions that directly impact the company’s shareholders and can affect stock prices and market movements.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text and it’s not related to any of the categories provided.
Move Size: 4.8%
Sector: All
Direction: Up
Magnitude: Small
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com