Reported 16 days ago
This article highlights two stocks, Northrop Grumman and Howmet Aerospace, deemed attractive for passive income investors due to their low payout ratios below 50%. Northrop Grumman offers a yield of 1.58% with a conservative payout ratio of 49.8%, reflecting solid long-term growth potential in the defense sector. Howmet Aerospace, with a smaller yield of 0.33% and a payout ratio of just 8.44%, has recently increased its dividend significantly, demonstrating a renewed commitment to enhancing shareholder returns. Together, these companies present appealing options for those seeking reliable income from dividends.
Source: YAHOO