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25 Year-Increasing Defense Contractor Reaffirmed in Best Dividend Protection Stocks Model Portfolio

Geopolitical tensions continue to rise and that’s boosting global defense spending to record numbers. For the firms that operate in this space, it means a surge in profits and potential billions of long-term revenues. For this niche—like our latest Best Dividend Protection Stocks Model Portfolio—the potential is even greater!

Our pick remains a massive defense contractor with a variety of aerospace and weapons systems under its belt. But our pick remains a leader in its shipbuilding capabilities. As one of the largest shipbuilders for both the government and private sector, our pick has continued to see demand rise for new warships as well as cargo ships to play the rising supply chain issues.
The combination of both private and federal has continued to make our pick a top dividend pick for decades. In this case, over three of them. All in all, our pick is a top draw for conservative investors. Watch for when the stock goes ex-dividend on Friday, July 22 (estimated date).

In addition to this defense pick, we’ve also increased our position in a materials firm, while removing a technology firm.

You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.

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