HII dividend yield – Huntington Ingalls Industries Achieves Dividend Growth but Not Explosive Growth

🌧️Trending News

Huntington Ingalls Industries ($NYSE:HII) (HII) is a major American shipbuilding company that specializes in the design, construction, and maintenance of nuclear and non-nuclear vessels. Despite having a well-established presence in the industry, Huntington has seen relatively steady dividend growth rather than any explosive growth in recent years. This steady increase is a sign of a healthy and growing business, but it does not indicate any explosive growth in the near future. While HII’s stock price has increased significantly over the past year, it is still far below its pre-pandemic highs. This suggests that while the company has seen some positive growth in the past few months, it is unlikely to see any explosive growth in the coming quarters.

Despite its lack of explosive growth, Huntington Ingalls Industries continues to be a reliable option for investors looking for steady dividend income. The company’s solid balance sheet and strong cash flow indicate that it is well-positioned to weather the economic downturn caused by the pandemic and continue to pay out consistent dividends to shareholders over the long-term. As such, investors should consider HII as an attractive option for income investing and as a reliable source of steady dividend growth.

Dividends – HII dividend yield

Huntington Ingalls Industries (HII) has achieved modest dividend growth over the past three years, with dividend per share increasing from 4.96 USD in 2021 to 4.78 USD in 2022 and 4.6 USD in 2023. Dividend yields over that same period ranged from 2.2-2.38%, with an average dividend yield of 2.26%. If you are looking for a reliable dividend stock, Huntington Ingalls Industries is a good option to consider. Although dividend growth has not been explosive, HII has a track record of steady and reliable dividend payments and returns.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for HII. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for HII. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for HII. More…

Key Ratios Snapshot

Some of the financial key ratios for HII are shown below. More…

Market Price

Huntington Ingalls Industries (HII) has achieved modest dividend growth but not explosive growth. On Friday, HII’s stock opened at $255.4 and closed at $256.1, representing an increase of 0.8% from its prior closing price of 254.0. This marks a small but positive step for the company as it continues to make strides towards stabilizing its financials.

The company’s dividend growth, however, has been relatively slow and steady, which is not indicative of explosive growth. Despite this, HII has maintained a consistent dividend policy for its shareholders and is continuing to make investments to ensure that it is providing a strong return for its investors. Live Quote…

Analysis – HII Intrinsic Stock Value

At GoodWhale, we conducted a thorough analysis of HUNTINGTON INGALLS INDUSTRIES’ financials to determine its stock’s fair value. After running our proprietary Valuation Line, we concluded that the fair value of a HUNTINGTON INGALLS INDUSTRIES share is around $224.4. Currently, the stock is trading at $256.1, which is a fair price overvalued by 14.1%. This suggests that investors need to exercise caution while buying HUNTINGTON INGALLS INDUSTRIES stocks. More…

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 government shipbuilding company and defense contractor. It is the largest military shipbuilder in the United States, and one of the nation’s leading providers of professional services to the Department of Defense. HII is a mature company with a long-term track record of dividend growth, but investors should not expect explosive growth from the company.

The company has a strong balance sheet and has increased their book value per share over the past several years. Despite its slower growth, HII remains a safe and low-risk investment option for investors looking to benefit from reliable dividend growth and stability.