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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (10034)	9/22/2011 1:33:29 PM
From: Triffin	Read Replies (1) \| Respond to of 34328

LMT boosts dividend payout by 33% .. ===== BETHESDA, Md., Sept. 22, 2011 /PRNewswire-FirstCall/ -- Today, the Lockheed Martin Corporation (NYSE: LMT - News) board of directors authorized a fourth quarter 2011 dividend of $1.00 per share and the purchase of up to an additional $2.5 billion of Lockheed Martin common stock under its share repurchase program. "Our focus on performance, affordability and delivering on our commitments for our customers has enabled us to generate this value for our shareholders," said Chairman and CEO Bob Stevens. "We continue to deliver on our long-standing goal to return at least 50 percent of free cash flow to them." This is the ninth consecutive annual increase of at least 10% in Lockheed Martin's quarterly dividend rate. This increase is a $0.25 or 33 percent increase over the prior quarter. The dividend is payable Dec. 30, 2011 to holders of record as of the close of business on Dec. 1, 2011. ===== Triff .. @LMT-be-very-very-good-to-me.com