| Founded in 1916 and headquartered in Chicago, Illinois, The Boeing Company (BA) is an aerospace firm that designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company employs approximately 160,000 people in the United States and more than 65 countries.
BA is organized into two business units: Commercial Airplanes and Defense, Space, and Security. These units are supported by Boeing Capital Corporation, Shared Services, and Boeing Engineering, Operations and Technology. |
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BA made the
July edition of my
10 Dividend Growth Stocks series of articles and repeated in the
August edition. Stocks like BA that made the list in both months have strong financials and very safe dividends. The stock is a
Dividend Challenger with a track record of 5 consecutive years of dividend increases and a 10-year dividend growth rate of 13.8%. BA pays quarterly dividends of $1.090 per share in the months of March, June, September, and December.
| | To see my stock analysis of BA and my fair value estimate, please head over to Seeking Alpha and read this article.
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