GEV vs LMT: Which Is the Better Dividend Stock?
As of Nov 2, 2026, LMT (Lockheed Martin Corporation) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. LMT offers the higher yield at 2.26%, LMT has the higher dividend-safety score, and GEV looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: GEV 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 0.23% for GE Vernova Inc. (GEV).
- By SmarterDividends' count as of Nov 2, 2026, GEV has raised its dividend for 0 consecutive years and LMT for 23.
- As of Nov 2, 2026, GEV pays out 5% of its earnings as dividends and LMT pays out 49%.
- As of Nov 2, 2026, GEV's fair-value estimate is 16% above its share price and LMT's fair-value estimate is 11% below its share price, so GEV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GEV vs LMT: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/gev-vs-lmt
| Metric | GEV | LMT |
|---|---|---|
| Forward yield | 0.23% | 2.26% |
| Annual dividend | $2.00 | $14.40 |
| Payout ratio | 5% | 49% |
| Years of growth | 0 yr | 23 yr |
| 5-yr dividend growth | — | 6.4% |
| 5-yr total return | — | 91% |
| Dividend safety score | — | 89 (A) |
| Fair value estimate | $995.10 | $569.70 |
| Upside to fair value | +16% | -11% |
| Frequency | quarterly | quarterly |
| Market cap | $227.1B | $147.1B |
| P/E ratio | 22.5 | 22.6 |
Higher yield
LMT
2.26%
Safer dividend
LMT
Grade A
Faster growth
LMT
6.4%
Better value
GEV
+16% upside
GEV vs LMT — FAQ
Is GEV or LMT a better dividend stock?
On the data, LMT wins more head-to-head categories (3 vs 2). 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, GEV or LMT?
LMT has the higher forward dividend yield at 2.26%, versus 0.23% for GEV.
Is GEV or LMT safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is GEV or LMT better value right now?
As of Nov 2, 2026, GEV looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For LMT, its fair-value estimate is 11% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.