We will use it.For the year, Lockheed Martin generated nearly $60 billion in revenue, and the company said it expects net sales of $62.75 billion to $64.25 billion in 2020. Even with the high appreciation of our stock, we still have a very strong dividend yield relative to our share price.

So we will certainly pay attention to our yield. But Lockheed Martin's 10.8% segment margin estimate, compared to 11% in 2019, appears conservative.The company expects at least $7.6 billion in cash from operations in 2020, and is assuming both $1 billion in share repurchases and a dividend hike during the year.

Revenue growth was driven by increased F-35 sales volume, coupled with continued interest in precision weapons, missile defense, and hypersonics. This category only includes cookies that ensures basic functionalities and security features of the website. "We don't really see any gaps right now," Hewson said. These cookies do not store any personal information. Overview and Recent Events. The bottom line improved as well. It is mandatory to procure user consent prior to running these cookies on your website.Company News HQ is a global business news portal. The company’s net earnings came in at $1.6 billion, or $5.79 per share in the second quarter of 2020, up from the $1.4 billion, … Income investors should also see plenty to like about Lockheed Martin, thanks to its 2.5% yield and regular dividend growth.
Lockheed Martin has had a great run of growth over the past few years, but the company's massive order book suggests steady gains not only in 2020 but into 2021 and beyond as well.Here's a look at how 2019 ended for Lockheed Martin, and what to expect in the years to come.An election year brings added risk because of the potential for new priorities and policies. The dividend is payable on Sept. 25, 2020, to holders of record as of the close of business on Sept. 1, 2020. The culprit appears to be tax rate, with Lockheed Martin forecasting a 17% rate compared to analysts' 15.5%.

Lockheed Martin ended the year with a book-to-bill -- a ratio of orders received to amount billed -- of 1.42, and a backlog of $144 billion, up 10% from year-end 2018.Lockheed Martin generated $847 million in free cash flow during the fourth quarter, beating expectations, and the company generated more than $7.3 billion in cash from operations during the year despite making a $1 billion voluntary pension contribution during the year to prefund its 2020 payment and part of its 2021 payment.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. ET Still, the world is not getting any safer, and Lockheed Martin's portfolio is well-positioned to weather any Pentagon spending slowdown.
Chief Financial Officer Kenneth Possenriede noted on the call that in recent years Lockheed Martin has "overachieved" in terms of share repurchases, and is very mindful of its dividend.Lockheed Martin generated fourth-quarter earnings of $5.29 per share, beating the consensus estimate by $0.27, on strong sales growth throughout the portfolio. There is also about $1.25 billion in debt that is scheduled to mature, but Lockheed Martin estimates it will have excess cash and a relatively unlevered balance sheet at its disposal during the year.Lockheed Martin's aeronautics division still has room to grow as the F-35 nears full-rate production.

Lockheed Martin is the world's largest Aerospace & Defense company globally, boasting a considerable market cap of around $109 billion.

(Source: “Lockheed Martin Reports Second Quarter 2020 Results,” Lockheed Martin Corporation, July 21, 2020.) Image source: Lockheed Martin.If there isn't a deal, expect more cash to be returned to shareholders. We're not going to let cash sit on our balance sheet, we will use. Stock Advisor launched in February of 2002.

The company's mission systems, Lockheed's intelligence work, fueled the boost in profits.If you look at the composition of who owns our stock, it's almost 50% are yield investors.

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