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Aerospace & Defense Leader's Dividend Safety: 33-Year Increase Streak

Discover a leading aerospace and defense company renowned for its impressive 33-year track record of increasing dividends and a robust market capitalization of $81.2 billion. As we reaffirm this stock in our Safe Dividend Portfolio, our analysis reveals a manageable debt load with a 1.6x net leverage ratio and an estimated upcoming payout of $1.42 per share on July 5, 2024. This company is poised for future growth, making it a compelling choice for risk-averse, income-focused investors.


In our in-depth analysis, we highlight the exceptional dividend safety and low returns risk as top factors driving our “Buy” recommendation. The stock’s 38% payout ratio and low beta of 0.66 underscore its stability and commitment to shareholder returns. Our full analysis covers comprehensive aspects of yield strength, sentiment, and returns potential, ensuring our investors are well-informed to achieve their financial goals of steady income and minimal volatility. Stay tuned for a detailed breakdown of why this stock is an excellent addition to your dividend portfolio.

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Jun 05, 2024