Today my wife and I bought Raytheon (RTN), the defense contractor. It has international exposure, a low payout ratio, high dividend growth and is set to raise it's dividend next quarter.
I look at this investment as a buy and hold issue. It also diversifies our portfolio a bit and adds additional international exposure as well.
We will reinvest all dividends back into the company. Let the compounding begin!
Defense stocks like Raytheon still seem to be a great area to be investing in along with anything related to it like companies with contracts with home land security for example.
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