Technology Stocks : Lockheed Martin (LMT)
LMT 0.3350.0%Mar 13 4:04 PM EDTNews

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From: Fuzzy6/13/2015 3:45:20 PM
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Lockheed Keeps Hiking Dividends Despite F-35 GlitchesBY NANCY GONDO, INVESTOR'S BUSINESS DAILY

Even though its F-35 has been under fire for a spate of glitches, Lockheed Martin (NYSE: LMT) continues to secure orders for the high-tech fighter jet and other gear.

The orders have helped the defense contractor to steadily grow its annual earnings and provide shareholders with a hefty payout. Lockheed declared a Q2 dividend of $1.50 a share, which works out to a 3.1% yield at current prices, well above the S&P 500's 1.94% average.

The Bethesda, Md.-based company is also a reliable dividend payer, with a Dividend Stability Factor of 3 on a scale from 0 (most stable) to 99 (most volatile). This gauge measures how stable a company's dividend history is over a three- to five-year period.
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