Loheed Martin Impacted by Trump's Dividend and Buyback Warning

13 days ago

Emily Grafo

"So, Loheed Martin, this is ticker LMT. It's down about 2%. Trump coming out today saying he will not permit dividends or stock buybacks for defense companies until problems are rectified including pay production of equipment and plants. So back in December he had kind of signaled this desire to meet with defense contractor execs and tell them to spend more on weapons development and not stock buyback. So we're seeing some of that action come to light today and yeah the stock down about 2%. Actually 3% now. Ah, it's moved even more."

The transcript discusses how Trump's recent remark regarding prohibiting dividends and stock buybacks for defense companies is negatively impacting Loheed Martin (LMT), with the stock falling from around 2% to 3%. The comment hints at potential operational or management concerns, and the reaction is immediate as the stock adjusts to the news.

Related Stocks