The Surprisingly High Yields of Defense Contractors
The defense sector has been under attack for the last few years as
federal government budget cuts pressure the major companies in the
sector. The surprising part is that the associated stocks continue to
support very strong dividend yields combined with major stock buyback
programs.
Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and Raytheon Company (NYSE: RTN) have not only survived the cuts, but in most cases the companies more »
Disclosure: Long LMT, NOC, RTN. Please review the disclaimer page for more details.
Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and Raytheon Company (NYSE: RTN) have not only survived the cuts, but in most cases the companies more »
Disclosure: Long LMT, NOC, RTN. Please review the disclaimer page for more details.
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