Lockheed Martin Corporation (NYSE:LMT) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of LMT, it is a highly-regarded dividend payer with a a great track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Lockheed Martin here.
Solid track record established dividend payer
LMT delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. Not only did LMT outperformed its past performance, its growth also exceeded the Aerospace & Defense industry expansion, which generated a 29% earnings growth. This is an notable feat for the company.
For those seeking income streams from their portfolio, LMT is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.8%.
For Lockheed Martin, I've put together three pertinent aspects you should further research:
- Future Outlook: What are well-informed industry analysts predicting for LMT’s future growth? Take a look at our free research report of analyst consensus for LMT’s outlook.
- Financial Health: Are LMT’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of LMT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.