Lockheed Martin Corporation ( LMT ) will begin trading ex-dividend on February 28, 2019. A cash dividend payment of $2.2 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased LMT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over prior dividend payment.
The previous trading day's last sale of LMT was $305.88, representing a -15.58% decrease from the 52 week high of $362.32 and a 26.83% increase over the 52 week low of $241.18.
LMT is a part of the Capital Goods sector, which includes companies such as Transdigm Group Incorporated ( TDG ) and Jacobs Engineering Group Inc. ( JEC ). LMT's current earnings per share, an indicator of a company's profitability, is $17.6. Zacks Investment Research reports LMT's forecasted earnings growth in 2019 as 8.77%, compared to an industry average of 3.7%.
Interested in gaining exposure to LMT through an Exchange Traded Fund [ETF]?
The following ETF(s) have LMT as a top-10 holding:
- Invesco Aerospace & Defense ETF ( PPA )
- iShares Trust ( ITA )
- SPDR Select Sector Fund - Industrial ( XLI )
- iShares Trust ( QUAL )
- Fidelity MSCI Industrials Index ETF ( FIDU ).
The top-performing ETF of this group is XLI with an decrease of -3.53% over the last 100 days. PPA has the highest percent weighting of LMT at 6.85%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.