Lockheed Martin Corporation (NYSE:LMT) announced its quarterly dividend of 1 dollar per share, an increase of about 33% over its prior dividend in August of 75 cents. The company posted a 25% gain in third quarter profits and lifted its full-year outlook.
Shares, however, are lower by about three percent.
In other dividend news, Exxon Mobil Corporation (NYSE:XOM) maintained its quarterly dividend of 47 cents per share. Wells Fargo & Company New (NYSE:WFC) maintained its quarterly dividend of 12 cents per share. Costco Wholesale Corporation (NASDAQ:COST) maintained its quarterly dividend of 24 cents per share.
Among dividend increases, Spectra Energy Corporation (NYSE:SE) announced its quarterly dividend of 28 cents per share, an increase of about 8% over its prior dividend in August of 26 cents.
Among dividend reductions, Alliance Bernstein Holding Limited Partnership (NYSE:AB) announced its quarterly dividend of 26 cents per share, a decrease of about 24% from its prior dividend in August of 34 cents.
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