Image: Lockheed Martin’s shares have been on a wild ride the past few years.
During the first quarter, Lockheed paid cash dividends of $796 million while it repurchased 1.7 million shares for $750 million. Looking to all of 2025, management expects sales in the range of $73.75-$74.75 billion, business segment operating profit of $8.1-$8.2 billion, and diluted earnings per share of $27.00-$27.30. For 2025, cash flow from operations is targeted at $8.5-$8.7 billion with capital spending expected at $1.9 billion, resulting in free cash flow in the range of $6.6-$6.8 billion for the year. We continue to like Lockheed Martin as a core idea in the simulated Dividend Growth Newsletter portfolio. Shares yield 2.9% at the time of this writing.
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