5 Best Dividend Stocks That Outperformed in 2022

4. Lockheed Martin Corporation (NYSE:LMT)

Year to Date Return as of December 13: 35.52%

Dividend Yield as of December 13: 2.50%

Number of Hedge Fund Holders: 53

Lockheed Martin Corporation (NYSE:LMT) has surged by 35.52% year to date as many defense stocks have outperformed the overall market this year. For Q3, the company earned $6.71 per share on sales of $16.6 billion versus the consensus of $6.67 per share on revenue of $16.65 billion. Lockheed Martin Corporation (NYSE:LMT)’s backlog increased to $140 billion and its board announced an additional $14 billion in share repurchase authority.

In September, the company announced it is increasing its quarterly dividend by $0.20 per share to $3 per share, giving Lockheed Martin Corporation (NYSE:LMT) a dividend yield of 2.50%.