Lockheed Martin Stock To Go Ex-dividend Tomorrow (LMT)

NEW YORK ( TheStreet) -- The ex-dividend date for Lockheed Martin Corporation (NYSE: LMT) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of $1.33 per share. At a price of $163.40 as of 9:45 a.m. ET, the dividend yield is 3.2%.

The average volume for Lockheed Martin has been 1.9 million shares per day over the past 30 days. Lockheed Martin has a market cap of $53.4 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 10.1% year to date as of the close of trading on Tuesday.

Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, civil, and commercial applications in United States and internationally.

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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, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lockheed Martin Ratings Report.

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