GE vs LMT: Which Is the Better Dividend Stock?
As of Nov 2, 2026, LMT (Lockheed Martin Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LMT offers the higher yield at 2.26%, LMT has the higher dividend-safety score, and LMT looks like the better value (its fair-value estimate is 11% below its share price).
Key facts: GE vs LMT
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Lockheed Martin Corporation (LMT) has the higher forward dividend yield at 2.26%, versus 0.62% for GE Aerospace (GE).
- As of Nov 2, 2026, SmarterDividends grades GE's dividend safety B (73/100) and LMT's A (89/100).
- By SmarterDividends' count as of Nov 2, 2026, GE has raised its dividend for 3 consecutive years and LMT for 23.
- As of Nov 2, 2026, GE pays out 20% of its earnings as dividends and LMT pays out 49%.
- As of Nov 2, 2026, GE's fair-value estimate is 24% below its share price and LMT's fair-value estimate is 11% below its share price, so LMT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GE vs LMT: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/ge-vs-lmt
| Metric | GE | LMT |
|---|---|---|
| Forward yield | 0.62% | 2.26% |
| Annual dividend | $1.88 | $14.40 |
| Payout ratio | 20% | 49% |
| Years of growth | 3 yr | 23 yr |
| 5-yr dividend growth | 48.5% | 6.4% |
| 5-yr total return | 410% | 91% |
| Dividend safety score | 73 (B) | 89 (A) |
| Fair value estimate | $228.59 | $569.70 |
| Upside to fair value | -24% | -11% |
| Frequency | quarterly | quarterly |
| Market cap | $313.1B | $147.1B |
| P/E ratio | 34.5 | 22.6 |
Higher yield
LMT
2.26%
Safer dividend
LMT
Grade A
Faster growth
GE
48.5%
Better value
LMT
-11% upside
GE vs LMT — FAQ
Is GE or LMT a better dividend stock?
On the data, LMT wins more head-to-head categories (5 vs 3). LMT offers the higher yield (2.26%), while LMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GE or LMT?
LMT has the higher forward dividend yield at 2.26%, versus 0.62% for GE.
Is GE or LMT safer?
LMT has the higher dividend-safety score (89/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is GE or LMT better value right now?
As of Nov 2, 2026, LMT looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). For GE, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.