BETHESDA, Md., Sept. 25, 2020 /PRNewswire/ -- The Lockheed
Martin Corporation (NYSE: LMT) board of directors has authorized a
fourth quarter 2020 dividend of $2.60
per share, representing an increase of $0.20 per share over last quarter. The dividend
is payable on Dec. 24, 2020, to
holders of record as of the close of business on Dec. 1, 2020.
Additionally, the corporation's board has authorized the
purchase of up to an additional $1.3
billion of Lockheed Martin common stock under its share
repurchase program. With this increase, total authorization for
future repurchases under the share repurchase program is
approximately $3 billion. The number
of shares purchased and the timing of purchases are at the
discretion of management and subject to compliance with applicable
law and regulation.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin
Corporation is a global security and aerospace company that employs
approximately 110,000 people worldwide and is principally engaged
in the research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and services.
For additional information, visit our website:
www.lockheedmartin.com.
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SOURCE Lockheed Martin