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?

As of Jul 10, 2026, LMT yields about 2.66% and GD about 1.70%, so LMT currently pays the higher yield. LMT pays quarterly; GD pays quarterly. Yields move daily, so verify current figures and use the calculators below to model the income yourself. 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.

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 calculator

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 calculator

LMT vs GD dividend, side by side

Current dividend figures for LMT and GD as of Jul 10, 2026. Yields and payouts change — verify the latest numbers with your broker before investing.

Dividend comparison

LMT versus GD: dividend yield, annual dividend, payout frequency, latest payment, and ex-dividend date.
Metric	LMT	GD
Dividend yield	~2.66%	~1.70%
Annual dividend / share (TTM)	$13.65	$6.18
Payout frequency	Quarterly	Quarterly
Latest dividend / share	$3.45	$1.59
Latest ex-dividend date	Jun 1, 2026	Jul 2, 2026

As of Jul 10, 2026, LMT carries the higher current yield — roughly 2.66% versus GD’s 1.70%. Both pay on a quarterly schedule. A higher yield today is not the whole story: a lower-yielding dividend grower can out-earn a higher static yield over time, so weigh growth alongside the starting yield.

Per-share dividends are not directly comparable between funds that trade at different share prices — yield is the like-for-like measure. Source: dividend records via LMT, GD. Not financial advice.

How 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.

Educational comparison only — not a recommendation to buy or sell either fund. Yields and strategies change; verify current figures and consider a licensed advisor.

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?: As of Jul 10, 2026, LMT yields about 2.66% and GD about 1.70%, so LMT currently pays the higher yield. LMT pays quarterly; GD pays quarterly. Yields move daily, so verify current figures and use the calculators below to model the income yourself. 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.

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