RTX - General Dynamics 7.6% Dividend Raise Plus 3 Other Choice Aerospace Defense Companies

2024-06-07 10:57:12 ET

Summary

• General Dynamics Corporation, Lockheed Martin, RTX, and Northrop Grumman are quality aerospace and defense companies with reliable dividends.
• General Dynamics has a wide moat, is working on the US Army's next-generation tank, and has raised its dividend for 33 years.
• Lockheed Martin also has a wide moat, with a contract lock on F-35 fighter jet production and a rising dividend for 20 years.
• RTX and Northrop Grumman are also strong quality companies, but may be slightly overvalued at their current prices.

4 Quality Defensive Aerospace and Defense Companies

The 4 industrial sector companies in the chart below stand out for quality and a reliable dividend.

General Dynamics Corporation (GD) is the primary focus of this article getting more extensive coverage for a 7.6% dividend raise paid on May 10th, and I also own it....

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