08-20-2019, 01:09 AM
LMT is a great company, I opened a small new position a few months ago slightly below 3% yield, and even then it seemed like a more or less fair, but rather little overvalued purchase. The current yield of 2.3-2.4% is very close to the historical low yield area, I will not add more until the yield is above 3-3.2% again. Yes, it needs a big correction to happen 
On a side note: a dividend raise is about to be announced is September.
On a side note: a dividend raise is about to be announced is September.