Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Memorial Day Sale: Dividend.com Premium Price Slashed — Redeem Now

Dividend logo

Dividend.com has added a major aerospace and defense stock to our Best Dividend Stocks list. This company has more than $24 billion in sales with more than 30% in international sales and the rest in domestic sales. They have 60,000+ employees working worldwide. Its main operating markets are space and airborne systems, integrated defense systems, missile systems, and intelligence information and services – all almost equally contributing to the topline.

The company became serious about its dividend back in the 1960s – and hasn’t looked back. Since then, the firm has managed to grow its payout by a staggering 14,550%, when accounting for stock splits. That wasn’t a typo and actually includes a period during the 1990s when it held its payout steady. They spent up to $1 billion in share repurchases in 2015 and increased their dividends by more than 9% in 2016, which comes on the back of more than 10 consecutive years of dividend increases.

To summarize, here are 4 reasons why you should own this stock:

  • Solid history of paying dividends that have shown an upward trajectory.
  • Defending the world from serious threats is a full-time job, which this company has been doing since the 1920s.
  • 12.06% earnings growth expected in 2018 along with a mid-40% payout ratio leaves plenty of room for this company to grow its dividend.
  • The stock is firmly in that ‘value’ category and offers a great combination of growth and income potential.

Soft Removal of a Utilities Stock
We are removing a utilities stock that we recommended on 01/22/2016. In a short span of 5 months, this stock has given a gain of 17%, excluding dividends. Even though we are removing the stock from the Best Dividend Stocks list, we continue to view it positively and maintain our bullish rating of 3.5.

Click Go Premium to start your 14-Day FREE trial and get access to the Best Dividend Stock addition below.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Shutterstock 593856878%20%281%29
News

The Market Wrap For May 26: Game On!

Politics – or in this case, the lack of – continues to be a primary driver of the market’s...

News

Trending: U.S.-Saudi Arabia Weapons Deal Drives Defense Stocks

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...

Dividend Investing Ideas Center

Critical Facts You Need to Know About Preferred Stocks

Have you ever wished for the safety of bonds, but the return potential of common stocks? If so,...