Sunday, October 28, 2012

The Yields Remain Strong At Lockheed Martin

Lockheed Martin Corporation (LMT) continues to report earnings that prove revenue growth can be over rated. The defense contractor reported Q3 2012 revenue that slightly dropped from the $12.1B in 2011, yet the company managed to beat earnings estimate and hike the dividend yield by 15%.

The amazing story about this stock is that even with the stock hitting multi-year highs, the stock will now yield 5% after this hike to a $1.15 dividend per quarter.

Read the full article at Seeking Alpha.


Disclsoure: Long LMT. Please review the disclaimer page for more details. 





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