Lockheed Martin Stock To Go Ex-dividend Tomorrow (LMT)
The ex-dividend date for Lockheed Martin Corporation (NYSE:LMT) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.15 per share. At a price of $88.08 as of 9:30 a.m., the dividend yield is 5.2%.
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, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.15 per share. At a price of $88.08 as of 9:30 a.m. ET, the dividend yield is 5.2%. The average volume for Lockheed Martin has been 2.3 million shares per day over the past 30 days. Lockheed Martin has a market cap of $28.51 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 4.5% year to date as of the close of trading on Monday. 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 10.5, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Lockheed Martin as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. You can view the full Lockheed Martin Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.