Building Wealth With Dividend Growth Stocks by Derrick C. Thomas - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

– Weekly Cash Flow Strategy –

MAR / JUN / SEPT / DEC

4th week – Lockheed Martin Corporation (LMT) / $349.52

Forward Dividend & Yield 11.20 (3.20%)

Ex–Dividend Date Aug 31, 2021

Dividend Payout – 2.6

Lockheed Martin Corp, is a security and aerospace company, engaging in research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

It operates through four segments; Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

The Missiles and Fire Control segment provides air and missile defense systems. The Rotary and Mission Systems segment offers military and commercial Helicopters, Ship and Submarine mission and combat systems.

The Space segment offers satellites; space transportation systems, strategic, advanced strike, and defensive missile systems. Growth and a generous dividend make it a balanced stock for long–term investors.