Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Lockheed Martin Corporation

(NYSE:

LMT

) is tomorrow, August 30, 2012. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $92.53 as of 9:30 a.m. ET, the dividend yield is 4.3%.

The average volume for Lockheed Martin has been 1.5 million shares per day over the past 30 days. Lockheed Martin has a market cap of $29.94 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 14.3% year to date as of the close of trading on Tuesday.

Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the United States and internationally. The company has a P/E ratio of 10.8, above the average aerospace/defense industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Lockheed Martin as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

Lockheed Martin Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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