3 Dividend-Paying Defense Stocks to Buy in February That Yield More Than the S&P 500

The defense industry provides a range of products for national security, from aviation and aircraft to missiles, helicopters, information technology, ships, space defense, and more. Unlike most of the industrial sector, defense stocks tend to be steady performers thanks to their sales cycle, which relies on government contracts and projects with multi-year timelines.Many defense stocks also pay quality dividends, especially relative to the S&P 500 (SNPINDEX: ^GSPC), which yields an average of just 1.2%.U.S. defense contractors Lockheed Martin (NYSE: LMT) and L3 Harris Technologies (NYSE: LHX), as well as British sensor and information product company Chemring Group (OTC: CMGMY) (OTC: CMGMF), yield the average of stocks in the S&P 500. Three Motley Fool contributors were asked to explain why these three dividend stocks are worth buying now. Here's what they had to say.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool