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Before the opening bell on Tuesday morning, Lockheed Martin (LMT ) reported its fourth quarter results, posting strong gains in revenues and earnings compared to last year’s Q4.
LMT chairman, president and CEO Marillyn Hewson had the following comments: “We delivered outstanding performance in the fourth quarter, which enabled us to end 2014 with sales growth and a backlog of nearly $81 billion, while also returning more than $3.7 billion to our shareholders. Our performance was the result of solid program execution by our team, strong international business growth and a continued focus on the affordability of our products and operations.”
Lockheed Martin paid its most recent quarterly dividend of $1.50 on December 26, 2014. We expect the company to declare its next quarterly dividend in the coming days.
Lockheed Martin stock was inactive during pre-market trading. YTD, the stock is up 1.61%.
Lockheed Martin (LMT ) is recommended at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.