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1 No-Brainer Dividend Stock to Buy in July for Passive Income
The Motley Fool· 2025-07-26 14:00
Lockheed Martin (LMT 0.29%) shares fell a whopping 10.8% this past Tuesday in response to the defense contractor's second-quarter 2025 earnings and updated guidance. Lockheed badly missed analyst earnings estimates for the quarter due to a flurry of (mostly) one-time charges.Despite the sell-off, here's why Lockheed is a no-brainer dividend stock to buy now. More losses for Lockheed MartinLockheed reported pre-tax losses on programs of $1.6 billion and other charges of $169 million, which dragged down its e ...