3 Top Defense Stocks That Pay Growing Dividends

The defense industry is known for engineering marvels and cutting-edge technology. As an investment, defense stocks tend to be reliable passive income producers thanks to a business cycle that operates somewhat independently from the broader economy.

These well-rounded companies can be a great source of passive income in a diversified portfolio: Lockheed Martin (LMT -2.22%), Raytheon Technologies (RTX -4.65%), and General Dynamics (GD -3.17%) stand out as three defense stocks to buy now.

Source: Motley Fool

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