Why Lockheed Martin Corporation (LMT) is considered a safe refuge for dividend investors
Lockheed martin corporation (nyse: lmt) is included among the 10 best dividend actions to the test of the recession to buy.
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Lockheed Martin Corporation (NYSE: LMT) is an American defense and aerospace manufacturer from which business comes largely from the federal government. His projects include combat aircraft like F-35, anti-missile defense systems, military helicopters and satellite technologies.
Since defense and military force remain at the heart of national security, governments constantly allocate substantial budgets to this area. The Lockheed Martin Corporation (NYSE: LMT) scale, long -standing reputation and trust partnerships with the US government have obtained a strong back -up of contracts, guaranteeing visibility on income for years to come.
Although defense expenses can fluctuate, Lockheed Martin Corporation (NYSE: LMT) benefits from a solid financing base and a diversified project portfolio, which allows it to maintain stable profits largely independent of broader economic cycles. In addition, the company has a strong history of dividends, having increased its payments for 22 consecutive years. Its quarterly dividend arrives at $ 3.30 per share and has a dividend yield of 2.71%, on September 26.
Although we recognize the potential of the LMT as an investment, we believe that certain AI actions offer greater rising potential and have less risks. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.
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Disclosure: None.
