Dividend Increase Announcements for the Week Ending September 29, 2017

An F-22 Raptor fighter aircraft built by Lockheed Martin Corporation.  The company
announced its 15th straight year of dividend increases this week.
Photo: Flickr.com/Robert Sullivan

As expected, defense contractor Lockheed Martin announced its 15th straight year of dividend increases, with a 10% bump to an annual rate of $8.00 a share.  Next week, we’ll see two more dividend growth companies announce their annual increases.

Dividend Increases Announced This Week

Lockheed Martin Corporation (LMT)

Industry: Aerospace & Defense

Dividend Payment: $2.00 per share – up 9.9% from prior level of $1.82

Dividend Paid On: 12/29

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 11/30

Number of Years of Dividend Increases: 15

Current Forward Yield: 2.58%


Dividend Increase Announcements Expected Next Week

Northwest Natural Gas Company (NWN)

RPM International Inc. (RPM)

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