Lockheed Martin raises quarterly dividend to $3.60

Sign for Lockheed Martin Aeronautics in front of the Marietta plant

Lockheed Martin’s board of directors has authorized a fourth-quarter 2026 dividend of $3.60 per share, up 15 cents from the previous quarter.

The dividend is payable Dec. 31, 2026, to shareholders of record at the close of business Dec. 1, 2026.

The company said the increase marks its 24th consecutive year of dividend increases. Lockheed Martin said it continues to invest in programs contributing to its backlog while allocating capital to shareholder returns.

Editor’s note: AI was used in the production of this article. To read about how, when and why we make use of AI, read our article “How, When and Why the Cobb County Courier uses AI.”

Lockheed Martin and Cobb County

The Lockheed Martin facility in Marietta has been a major employer in Cobb County since 1951, when the Lockheed Corporation, a predecessor of Lockheed Martin, took over the former site of the WWII Bell Bomber plant.

The C-130 program is the largest program operating at the Marietta facility. The plant currently produces the C-130J Super Hercules (see the company’s C-30J brochure for more information).

The Marietta plant also provides ongoing support for the C-5 Galaxy, which celebrated its 50th year in operation in 2018. The C-5 Galaxy is expected to remain in service until 2045.

The Marietta location also supports the P-3 Orion, and manufactures the center wings for the F-35.