22 Defense Stocks with Dividends for High Returns - 2024
Investing in defense stocks offers a unique opportunity to gain exposure to an industry that plays a critical role in global security and economic stability. Defense companies are known for their long-term government contracts, advanced technology development, and consistent demand, making them resilient even during market downturns. When these companies also offer dividends, they become even more attractive to investors looking for stable, income-generating assets. We’ll explore a list of top defense stocks with dividends, providing you with opportunities to benefit from both the growth potential of the defense sector and the steady income from dividend payouts.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Lockheed Martin | 2.95% | 45.66% | 18.97% | 17.59% | 0.99% | 8.18% | 9.78% |
| Booz Allen Hamilton | 1.45% | 31.52% | 21.77% | 15.03% | 0.75% | 19.86% | 3.07% |
| Raytheon Technologies | 2.08% | 67.44% | 33.62% | 2.60% | 0.08% | -3.93% | 0.56% |
| BWX Technologies | 0.75% | 31.58% | 41.75% | 10.92% | 0.28% | 7.53% | 10.47% |
| L3Harris Technologies | 2.38% | 72.99% | 38.26% | 2.43% | 0.06% | 12.68% | 11.18% |
| Northrop Grumman | 1.60% | 49.22% | 30.23% | 4.87% | 0.16% | 9.33% | 11.92% |
| General Dynamics | 2.49% | 41.22% | 21.19% | 3.36% | 0.17% | 7.54% | 12.00% |
| Target | 2.13% | 45.29% | 16.08% | 5.00% | 0.33% | 11.59% | 10.68% |
| Mowi | 3.75% | 68.87% | 20.57% | 2.43% | 0.12% | -6.43% | 0.00% |
| North West | 2.96% | 56.17% | 19.10% | 3.54% | 0.19% | 3.77% | 3.24% |
| HEICO | 0.08% | 6.34% | 79.07% | 10.67% | 0.14% | 6.28% | -7.15% |
| Textron | 0.12% | 1.36% | 17.25% | 2.19% | 0.13% | 0.00% | 0.00% |
| Elbit Systems | 1.27% | 36.84% | 43.08% | 3.47% | 0.08% | 8.65% | 5.23% |
| Huntington Ingalls Industries | 2.65% | 29.24% | 11.06% | 1.84% | 0.17% | 10.70% | 25.94% |
| Woodward | 0.44% | 15.23% | 27.73% | 4.78% | 0.17% | 9.07% | 10.65% |
| Hexcel | 1.27% | 44.13% | 44.63% | 3.04% | 0.07% | 1.25% | 0.00% |
| Kaman | 0.87% | 194.08% | 149.14% | 1.88% | 0.01% | 0.00% | 2.26% |
| Park Aerospace | 3.41% | 146.09% | 42.75% | 2.69% | 0.06% | -22.11% | -10.63% |
| Ituran Location and Control | 5.26% | 35.62% | 10.52% | 3.04% | 0.29% | -6.47% | -1.73% |
| Dassault Aviation | 1.73% | 27.19% | 15.72% | 2.59% | 0.17% | -23.16% | -9.19% |
| Bharat Electronics | 0.79% | 0.00% | 44.60% | 11.47% | 0.28% | -2.09% | -22.25% |
| Howmet Aerospace | 0.30% | 9.01% | 42.87% | 10.25% | 0.25% | -6.66% | 0.00% |