Following the lines of Bott in (Commun Pure Appl Math 9:171-206, 1956), we study the Morse index of the iterates of a closed geodesic in stationary Lorentzian manifolds, or, more generally, of a closed Lorentzian geodesic that admits a timelike periodic Jacobi field. Given one such closed geodesic γ , we prove the existence of a locally constant integer valued map γ on the unit circle with the property that the Morse index of the iterated γ N is equal, up to a correction term γ ∈ {0, 1}, to the sum of the values of γ at the N -th roots of unity. The discontinuities of γ occur at a finite number of points of the unit circle, that are special eigenvalues of the linearized Poincaré map of γ . We discuss some applications of the theory.