09-25-2014, 04:44 PM
(09-25-2014, 02:02 PM)TomK Wrote: That's a great raise from LMT. The way I do the calculation, it is a 14.85% raise year over year ($4.78 in 2013 versus $5.49 in 2014) -- not bad at all! And with earnings continuing to move in the right direction, the payout ratio is also declining. Throw in the increased buyback, and all is looking good for LMT. And to think, you could have bought it with a 5% yield only two years ago!
I bought in February last year.
With the two dividend increases since then I am already sitting on a YoC of 6.5%.
Not too shabby!