LMT vs RTX: Which Is the Better Dividend Stock?
As of September 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LMT offers the higher yield at 2.63%, RTX has the higher dividend-safety score, and LMT trades at the larger discount to fair value (+13%).
| Metric | LMT | RTX |
|---|---|---|
| Forward yield | 2.63% | 1.47% |
| Annual dividend | $13.80 | $2.92 |
| Payout ratio | 50% | 49% |
| Years of growth | 23 yr | 33 yr |
| 5-yr dividend growth | 6.4% | 7.2% |
| 5-yr total return | 52% | 130% |
| Dividend safety score | 89 (A) | 97 (A) |
| Fair value estimate | $590.16 | $120.95 |
| Upside to fair value | +13% | -39% |
| Frequency | quarterly | quarterly |
| Market cap | $121.0B | $266.4B |
| P/E ratio | 19.3 | 34.9 |
Higher yield
LMT
2.63%
Safer dividend
RTX
Grade A
Faster growth
RTX
7.2%
Better value
LMT
+13% upside
LMT vs RTX — FAQ
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