Author: Jason Fieber, Dividends And Income

This company sports phenomenal fundamentals. Double-digit growth, no debt, an above-market yield, an extremely low payout ratio, and the potential that shares are 47% undervalued.

This is one of the world’s leading defense firms. It operates with scale, expertise, geopolitical relationships, and diversification inside of an oligopoly. With a massive new defense spending budget, excellent fundamentals, double-digit long-term dividend growth, and the potential that shares are 25% undervalued, this high-quality dividend growth stock could be just what you need to play defense in today’s market.

This company has unrivaled scale, a rock-solid balance sheet, phenomenal profitability, and plenty of growth to go around. With a ~3% yield, double-digit long-term dividend growth, a very safe payout ratio, and the possibility that shares are 21% undervalued, this should be a strong candidate for any dividend growth investor’s portfolio.