LMT vs GD
Two large US defense contractors with steady, contract-backed dividends. Here’s how LMT and GD compare for dividend investors — with a calculator for each so you can model the income yourself.
LMT
Lockheed Martin Corporation
- Type
- Dividend-growth stock
- Issuer
- Lockheed Martin
- Pays
- quarterly
Lockheed Martin is the largest US defense contractor, building combat aircraft, missiles, space systems, and related technologies. It pays a quarterly dividend and has a long record of annual increases backed by multi-year government contracts.
LMT dividend calculatorGD
General Dynamics Corporation
- Type
- Dividend-growth stock
- Issuer
- General Dynamics
- Pays
- quarterly
General Dynamics is a major US aerospace and defense company, known for Gulfstream business jets, combat vehicles, submarines, and IT services. It is a Dividend Aristocrat with more than 25 consecutive years of dividend increases.
GD dividend calculatorHow LMT and GD differ
LMT — Lockheed Martin is the largest US defense contractor, building combat aircraft, missiles, space systems, and related technologies. It pays a quarterly dividend and has a long record of annual increases backed by multi-year government contracts.
GD — General Dynamics is a major US aerospace and defense company, known for Gulfstream business jets, combat vehicles, submarines, and IT services. It is a Dividend Aristocrat with more than 25 consecutive years of dividend increases.
In practice the choice comes down to your goal. LMT suits an investor who wants income from this strategy, while GD suits one who wants income from this strategy. The two are not mutually exclusive — plenty of portfolios hold a growth-oriented fund and an income-oriented one together. What matters is matching each to its job and not judging a fund on its headline yield alone.
Rather than compare a single snapshot yield (which moves daily), open each calculator and enter current figures: the LMT calculator and the GD calculator. To compare long-term compounding head to head, run the same contributions through the dividend reinvestment calculator with each fund’s assumptions.
LMT vs GD FAQ
- What's the main difference between LMT and GD?
- LMT is a dividend-growth stock from Lockheed Martin; GD is a dividend-growth stock from General Dynamics. Two large US defense contractors with steady, contract-backed dividends.
- Does LMT or GD pay more dividends?
- It depends on current figures, which change — use the calculators linked below with each fund's live yield rather than a fixed number. As a rule, higher-yield funds pay more today, while dividend-growth funds start lower and raise the payout over time.
- Which is better, LMT or GD?
- Neither is universally better — they suit different goals. LMT fits an investor who wants income from this strategy; GD fits one who wants income from this strategy. Match the fund to your objective, time horizon, and tax situation, and consider a licensed advisor.
- Can I hold both LMT and GD?
- Many investors do, to blend current income with growth. Just be aware of overlap — if both hold similar large-cap US stocks, you may be less diversified than the two tickers suggest.