{"id":69985,"date":"2023-10-07T17:30:50","date_gmt":"2023-10-07T21:30:50","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/lockheed-martin-raises-dividend-approves-6-billion-additional-share-buyback\/"},"modified":"2023-10-07T17:30:53","modified_gmt":"2023-10-07T21:30:53","slug":"lockheed-martin-raises-dividend-approves-6-billion-additional-share-buyback","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=69985","title":{"rendered":"Lockheed Martin raises dividend, approves $6 billion additional share buyback"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002592043\" role=\"document\">\n<p>Lockheed Martin Corp.<br \/>\n        LMT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200691238\/composite\" class=\"positive\">+0.85%<\/bg-quote><br \/>\n       said late Friday that its board has authorized a dividend increase to $3.15 a share, from $3 a share, with the dividend payable Dec. 29 to shareholders of record as of Dec. 1. That marks the 21st\u00a0straight year of dividend increases for the company, it said. The aerospace and defense company also said that the board authorized an additional\u00a0$6 billion\u00a0under its share buyback program, nearly doubling the current authorization to\u00a0$13 billion\u00a0for future purchases. Shares of Lockheed Martin edged higher in the extended session Friday after ending the regular trading day up 0.9%. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/lockheed-martin-raises-dividend-approves-6-billion-additional-share-buyback-da675580?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lockheed Martin Corp. LMT, +0.85% said late Friday that its board has authorized a dividend increase to $3.15 a share, from $3 a share, with the dividend payable Dec. 29 to shareholders of record as of Dec. 1. That marks the 21st\u00a0straight year of dividend increases for the company, it said. The aerospace and defense [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-69985","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lockheed Martin raises dividend, approves $6 billion additional share buyback | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Lockheed Martin Corp. 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