One of the sectors that seem to perform well regardless of the state of the economy is the defense sector. For example, U.S. defense contractors have held up well despite budgets cuts. While many of the major U.S. defense companies trade on the organized exchanges none of the foreign firms are listed on them. Instead all these firms trade on the OTC markets as shown below with their current dividend yields:
| S.No. | Company | Ticker | Dividend Yield as of Apr 26, 2013 | Country |
|---|---|---|---|---|
| 1 | BAE Systems | BAESY | 5.15% | United Kingdom |
| 2 | BBA Aviation | BBAVY | 3.84% | United Kingdom |
| 3 | Chemring Group | CMGMY | 3.85% | United Kingdom |
| 4 | Cobham | CBHMY | 3.56% | United Kingdom |
| 5 | European Aeronautic Defence & Space-EADS | EADSY | 1.08% | Netherlands |
| 6 | Finmeccanica | FINMY | N/A | Italy |
| 7 | Meggitt | MEGGY | 3.37% | United Kingdom |
| 8 | MTU Aero Engines | MTUAY | 1.88% | Germany |
| 9 | Qinetiq Group | QNTQY | 1.65% | United Kingdom |
| 10 | Rolls-Royce | RYCEY | 2.24% | United Kingdom |
| 11 | Safran | SAFRY | 1.77% | France |
| 12 | Thales | THLEY | N/A | France |
| 13 | Ultra Electronics | UEHPY | N/A | United Kingdom |
| 14 | Vitec | VTEPY | N/A | United Kingdom |
| 15 | Zodiac Aerospace | ZODFY | 1.51% | France |
France-based Safran (SAFRY) is one of the best performing stocks with the stock up over 13.0% YTD. British aerospace and defense giant BAE Systems (BAESY) has had an performance since the merger proposal with EADS fell apart late last year.
Note: Dividend yields noted are as of April 26, 2013. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions
Disclosure: No Positions
