7 Defense Stocks With Dividends You Can Count On
Defense stocks with dividends have been surging in popularity of late. There was a massive shift in the geopolitical scene once Russia invaded Ukraine in February this year. Assets invested in defense stocks grew at an incredible pace. For instance, in June, assets and outstanding shares increased by more than 50% in the Invesco Aerospace and Defense ETF. Despite the markets being ravaged by inflation and high-interest rates, defense stocks held up remarkably well. Add to that the strong dividend yields, and you have an excellent investment option for investors. Naturally, the Russia|Ukraine conflict is fueling growth for the defense sector, as nations are looking to beef up their defensive capabilities. Billions of dollars are being invested by different countries, which makes defense stocks tremendous bets at this stage. LMT Lockheed Martin $440.03 BAH Booz Allen Hamilton $99.00 RTX Raytheon Technologies $93.40 BWXT BWX Technologies $53.74 LHX L3Harris Technologies $238.43 NOC Northrop Grumman $490.75 GD General Dynamics $241.67 Lockheed Martin (LMT) Source: Ken Wolter | Shutterstock.com Dividend Yield: 2.54% Lockheed Martin (NYSE: LMT ) is arguably the pick of the defense stocks with dividends at this time.
7 Defense Stocks With Dividends You Can Count On
Defense stocks with dividends have been surging in popularity of late. There was a massive shift in the geopolitical scene once Russia invaded Ukraine in February this year. Assets invested in defense stocks grew at an incredible pace. For instance, in June, assets and outstanding shares increased by more than 50% in the Invesco Aerospace and Defense ETF. Despite the markets being ravaged by inflation and high-interest rates, defense stocks held up remarkably well. Add to that the strong dividend yields, and you have an excellent investment option for investors. Naturally, the Russia|Ukraine conflict is fueling growth for the defense sector, as nations are looking to beef up their defensive capabilities. Billions of dollars are being invested by different countries, which makes defense stocks tremendous bets at this stage. LMT Lockheed Martin $440.03 BAH Booz Allen Hamilton $99.00 RTX Raytheon Technologies $93.40 BWXT BWX Technologies $53.74 LHX L3Harris Technologies $238.43 NOC Northrop Grumman $490.75 GD General Dynamics $241.67 Lockheed Martin (LMT) Source: Ken Wolter | Shutterstock.com Dividend Yield: 2.54% Lockheed Martin (NYSE: LMT ) is arguably the pick of the defense stocks with dividends at this time.