HII dividend – Huntington Ingalls Industries Declares Quarterly Dividend of $1.24/Share, Yielding 2.29%
February 1, 2023
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HII dividend – Huntington Ingalls Industries ($NYSE:HII) Inc. is a leading government and military shipbuilding and manufacturing company. Based out of Newport News, Virginia, the company has a strong presence in the defense and energy industries. The company designs, builds and maintains nuclear and non-nuclear ships for the United States Navy and Coast Guard, as well as provides services for the Department of Energy, NASA and other government agencies. HII also offers a wide range of products and services, including shipbuilding and repair, engineering services, manufacturing and fabrication, systems integration and modernization, and construction management. The company has declared a quarterly dividend of $1.24 per share, in accordance with previous payouts. The dividend is payable on March 10 to shareholders of record as of February 24, and the ex-dividend date is February 23. This dividend yields 2.29% (see HII Dividend Scorecard, Yield Chart, & Dividend Growth).
Huntington Ingalls Industries has a long history of success and is considered to be one of the best investments in the defense sector. The company has consistently returned value to its shareholders through dividends, share repurchasing programs, and other initiatives. As the demand for defense products and services continues to grow, HII is well positioned to capitalize on the opportunities that this growth will present. The company is well respected for its commitment to excellence and its commitment to the communities in which it operates. HII’s leadership team is committed to delivering value to shareholders while also meeting the needs of its customers. The company’s focus on innovation has allowed it to remain competitive in an ever-changing environment. With its strong financial position, HII continues to be a great investment opportunity for those looking for steady returns over the long-term.
Dividends – HII dividend
Huntington Ingalls Industries (HII) recently declared a quarterly dividend of $1.24 per share, yielding 2.29%. This is the third consecutive year that the company has issued an annual dividend per share of 4.72, 4.6, and 4.23 USD, respectively. This means that for the next three years, investors can expect dividend yields of 2.32%, 2.38%, and 2.14%, respectively. On average, the dividend yield is 2.28%. HII is an ideal choice for those looking for dividend stocks, as their dividends are reliable and consistent. The company has a long history of paying dividends and has increased them over the years, which is encouraging news for investors.
HII is a major American defense contractor and industrial corporation and is the largest shipbuilding company in the US. It designs, builds, and maintains nuclear and non-nuclear ships for both commercial and military customers as well as provides professional services to the US government. HII is a great option if you are looking for a stable dividend stock with a long history of consistent dividend payments. With their steady dividends and reliable performance, HII offers investors a great opportunity to invest in a reliable dividend stock and reap the rewards of their investments in the long run.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HII. More…
| Total Revenues | Net Income | Net Margin |
| 10.54k | 576 | 5.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HII. More…
| Operations | Investing | Financing |
| 436 | -290 | -584 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HII. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.62k | 7.57k | 76.39 |
Key Ratios Snapshot
Some of the financial key ratios for HII are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.7% | -11.0% | 7.7% |
| FCF Margin | ROE | ROA |
| 1.3% | 16.9% | 4.8% |
Share Price
Shortly after the announcement, HII stock opened at $217.3 and closed at $220.5, up by 1.8% from its prior closing price of $216.7. HII is a leading U.S. defense contractor and a provider of professional services to the U.S. government and its allies. The company manufactures, repairs and maintains ships, submarines and aircraft for the U.S. Navy and Coast Guard, as well as provides engineering and technology solutions for the Department of Defense and other government agencies. The dividend will provide investors with additional income and make HII a more attractive investment option.
In addition, the dividend will also help to boost investor confidence in the company and its long-term prospects. Overall, investors should be pleased with HII’s decision to declare a quarterly dividend of $1.24 per share, yielding 2.29%. The company’s strong financials and commitment to returning value to shareholders makes it a great long-term investment option. Live Quote…
VI Analysis
Huntington Ingalls Industries is an American military shipbuilding company and one of the largest defense contractors in the United States. The company’s fundamentals reflect its long-term potential and the VI app simplifies the analysis of these metrics. Using our proprietary VI Line, we have determined that the fair value of HUNTINGTON INGALLS INDUSTRIES share is around $210.4. At present, HUNTINGTON INGALLS INDUSTRIES stock is traded at $220.5, making it a fair price that is overvalued by 4.8%. The company operates four business segments: Ingalls Shipbuilding, Newport News Shipbuilding, Technical Solutions and Services, and Corporate and Other. Ingalls Shipbuilding builds and repairs ships for the U.S. Navy and Coast Guard and provides non-nuclear ship repair and maintenance services for commercial customers. Newport News Shipbuilding designs, builds, and maintains nuclear-powered submarines and aircraft carriers for the U.S. Navy.
Technical Solutions and Services provides professional services, technology solutions, and other support services to government and commercial customers. Corporate and Other provides a variety of business and financial services to the other three segments. Huntington Ingalls Industries also has strong international partnerships with several countries in Europe, Asia, and the Middle East. The company’s robust financials have enabled it to pay dividends to its shareholders and invest in new technology and equipment upgrades. Huntington Ingalls Industries is well-positioned to benefit from the growing global defense industry and its fundamentals suggest that it has the potential to deliver long-term value for its investors.
Peers
The competition between Huntington Ingalls Industries Inc and its competitors is fierce. Each company is trying to gain market share and increase profits. The competition is good for consumers because it keeps prices down and forces companies to innovate.
– Textron Inc ($NYSE:TXT)
Textron Inc is a publicly traded company with a market cap of 12.89B as of 2022. The company has a return on equity of 9.94%. Textron Inc is a diversified industrial company that operates in a variety of businesses, including aircraft, defense, industrial and commercial products. The company’s products include Bell helicopters, Cessna aircraft, and E-Z-Go golf carts.
– Penguin International Ltd ($SGX:BTM)
Penguin International Ltd is a Singapore-based company that is engaged in the design, manufacture, and marketing of a range of inflatable products, including inflatable boats, marine products, and industrial products. The company has a market capitalization of 160.72 million as of 2022 and a return on equity of 7.36%. Penguin International Ltd is a leading provider of inflatable products and solutions with a strong focus on quality, innovation, and customer service. The company has a wide range of products that are suitable for a variety of applications, including recreation, fishing, diving, rescue, and industrial.
– Airbus SE ($OTCPK:EADSF)
Airbus SE is a leading aircraft manufacturer with a market cap of 78.35B as of 2022. The company has a strong Return on Equity of 34.09%. Airbus SE is known for its innovative aircraft designs and manufacturing capabilities. The company has delivered over 11,000 aircraft to over 500 operators worldwide.
Summary
Huntington Ingalls Industries (HII) is an American defense and aerospace company specializing in shipbuilding and ship repairs. The company recently declared a quarterly dividend of $1.24 per share, yielding 2.29%. Analysts have rated it a “buy”, citing factors such as a strong balance sheet, robust liquidity, and attractive dividend yield.
HII has also been expanding its presence in the defense and aerospace industry, having acquired several businesses over the past year. Investors looking for a well-established and reliable defense and aerospace company should consider HII.
