Company: Lockheed Martin Corporation (LMT)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Lockheed Martin is the world’s largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. LockheedÕs largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. LockheedÕs remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture. -Morningstar.com-
Symbol: LMT
Recent Price: $547.00
Dividends: $12.60
Yield: 2.30%
Sector: Industrials
Industry: Aerospace & Defense
Address & Company Phone #: 6801 Rockledge Dr. Bethesda MD 20817-1836, 800-LMT-9758
Transfer Agent: Computershare 877-498-8861
Moody’s Rating: A3
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0! Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $508.10, $393.77