Is Huntington Ingalls Industries (HII) A Bargain Following Its Dividend Increase?

Huntington Ingalls Industries (HII) just raised its quarterly cash dividend to $1.41 per share, a modest 3 cent bump that puts fresh attention on the stock’s income profile. The dividend lift comes after a busy October for Huntington Ingalls Industries, with fresh Navy work on Zumwalt-class destroyer trials, new AUKUS engineering contracts, and a 10-vessel unmanned surface fleet award. The company has delivered a 36.05% three-year total shareholder return and 51.88% over five years. However,...