5 Best Industrial Dividend Stocks To Buy Now

3. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 60

Lockheed Martin Corporation (NYSE:LMT) is a global aerospace, defense, and technology company that operates in various segments within the defense and aerospace industries. The company has been growing its dividends for the past 21 years and it pays a quarterly dividend of $3.15 per share. The stock’s dividend yield on December 11 came in at 2.79%.

The number of hedge funds in Insider Monkey’s database owning stakes in Lockheed Martin Corporation (NYSE:LMT) grew to 60 in Q3 2023, from 52 in the preceding quarter. The total value of these stakes is more than $1.64 billion.

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