✉news BusinessMarkets first seen 1 d ago, last 1 d ago, peak #31
Lockheed Martin Keeps Raising Its Dividend as Pentagon Money Flows
Original: Lockheed Martin Keeps Raising Its Dividend as Pentagon Money Keeps Flowing
Defense contractor Lockheed Martin continues to raise its shareholder dividend, supported by steady US Pentagon spending on weapons programs such as missiles, aircraft and munitions. The company has built a long record of annual dividend increases, and analysts point to robust defense budgets and global demand for American arms as the reason investors see the stock as a reliable income holding.
Why now: Investors are focused on defense stocks amid high US military spending and geopolitical tensions.
Lockheed MartinPentagonUS Department of Defense
Evidence
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