Why NYSE:LMT qualifies as a good dividend investing stock.

LOCKHEED MARTIN CORP (NYSE:LMT) has caught the attention of dividend investors as a stock worth considering. NYSE:LMT excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

Dividend Analysis for NYSE:LMT

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:LMT has received a 7 out of 10:

• LMT's Dividend Yield is rather good when compared to the industry average which is at 1.36. LMT pays more dividend than 96.88% of the companies in the same industry.
• LMT's Dividend Yield is a higher than the S&P500 average which is at 2.40.
• The dividend of LMT is nicely growing with an annual growth rate of 8.25%!
• LMT has been paying a dividend for at least 10 years, so it has a reliable track record.
• LMT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Evaluating Health: NYSE:LMT

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:LMT has earned a 6 out of 10:

• LMT has an Altman-Z score of 3.70. This indicates that LMT is financially healthy and has little risk of bankruptcy at the moment.
• With a decent Altman-Z score value of 3.70, LMT is doing good in the industry, outperforming 73.44% of the companies in the same industry.
• LMT has a debt to FCF ratio of 2.80. This is a good value and a sign of high solvency as LMT would need 2.80 years to pay back of all of its debts.
• With an excellent Debt to FCF ratio value of 2.80, LMT belongs to the best of the industry, outperforming 85.94% of the companies in the same industry.

Evaluating Profitability: NYSE:LMT

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:LMT has earned a 8 out of 10:

• LMT has a better Return On Assets (13.19%) than 95.31% of its industry peers.
• With an excellent Return On Equity value of 101.24%, LMT belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
• With an excellent Return On Invested Capital value of 20.73%, LMT belongs to the best of the industry, outperforming 98.44% of the companies in the same industry.
• The Average Return On Invested Capital over the past 3 years for LMT is significantly above the industry average of 8.59%.
• The last Return On Invested Capital (20.73%) for LMT is above the 3 year average (20.32%), which is a sign of increasing profitability.
• LMT's Profit Margin of 10.24% is amongst the best of the industry. LMT outperforms 81.25% of its industry peers.
• LMT's Profit Margin has improved in the last couple of years.
• LMT's Operating Margin of 12.73% is amongst the best of the industry. LMT outperforms 85.94% of its industry peers.

More Best Dividend stocks can be found in our Best Dividend screener.

Check the latest full fundamental report of LMT for a complete fundamental analysis.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.