Printed on June twenty third, 2025 by Bob Ciura
On June twenty second, 2025, the U.S. launched strikes on Iran. The targets have been three Iranian nuclear services, in an try to forestall Iran from creating the capabilities of constructing a nuclear weapon.
Within the fast aftermath of the strikes, oil costs spiked, with WTI crude briefly buying and selling above $74 per barrel.
Oil costs rose on the prospect of provide constraints, in addition to the potential for extra widespread army battle within the Center East.
In instances of heightened geopolitical turmoil, revenue traders ought to flip to the relative stability of dividend shares.
To that finish, we’ve got compiled an inventory of blue-chip shares which have raised their dividends for at the very least 10 years in a row.
You possibly can obtain our free record of over 500 blue-chip shares by clicking on the hyperlink beneath:
Geopolitical dangers might convey a broader warfare within the Center East, with the potential for rising oil costs.
In consequence, oil and protection shares might see their income rise, making them extra engaging for dividend progress traders.
The next 10 dividend shares are engaging for dividend progress traders after the Iran strikes.
Desk of Contents
The desk of contents beneath permits for simple navigation. The record is sorted by dividend yield, from lowest to highest.
Protection Inventory: Northrop Grumman (NOC)
Northrop Grumman Company is without doubt one of the 5 largest U.S. aerospace and protection contractors primarily based on income.
The corporate stories 4 enterprise segments: Aeronautics Programs (plane and UAVs), Mission Programs (radars, sensors and techniques for surveillance and focusing on), Protection Programs (sustainment and modernization, directed power, tactical weapons), and House Programs (missile protection, area techniques, hypersonics and area launchers).
The corporate had income of over $41.0B in 2024.
Northrop Grumman reported outcomes for Q1 FY 2025 on April twenty second, 2025. Firm-wide income declined 7% to $9.468 billion and diluted earnings per share fell 47% to $3.32 on a year-over-year foundation on a loss provision for the B-21, decrease volumes, and better rates of interest.
Income for Aeronautics Programs fell 8% to $2.814 billion as a consequence of decrease volumes in B-21, F-35, and restricted packages. Income for Protection Programs grew 4% as a consequence of greater gross sales within the Sentinel and ammunition packages, offset by the SiAW program.
The entire backlog is a document ~$92.8B on the finish of the quarter of which $39.9B is funded. The agency gained $10.8B in contract awards within the quarter together with massive ones for restricted packages and the F-35.
The corporate up to date steering to $42.0B to $42.5B in gross sales and $24.95 to $25.35 earnings per share in 2025.
Click on right here to obtain our most up-to-date Certain Evaluation report on NOC (preview of web page 1 of three proven beneath):
Protection Inventory: Raytheon Applied sciences (RTX)
Raytheon Applied sciences (RTX) was created on April third, 2020, after the completion of the merger between Raytheon and United Applied sciences, following United Applied sciences’ spin-offs of its Provider (CARR) and Otis (OTIS) companies.
The mixed enterprise is one the most important aerospace and protection corporations on this planet with ~$84 billion in annual gross sales and a world staff of 186,000 workers, together with 60,000 engineers and scientists.
The corporate now has three segments: Collins Aerospace Programs, Pratt & Whitney, and Raytheon, which consists of the previous Raytheon Intelligence & House and Raytheon Missiles & Protection companies.
On April twenty second, 2025, Raytheon Applied sciences reported first quarter outcomes. For the quarter, income grew 5.2% to $20.3 billion, which beat estimates by $500 million. Adjusted earnings-per-share of $1.47 in comparison with $1.34 within the prior 12 months and was $0.10 above expectations.
Raytheon Applied sciences reaffirmed prior steering for 2025 as nicely. The corporate continues to count on income to develop 4% to six% whereas adjusted earnings-per-share are projected to be in a variety of $6.00 to $6.15 for the 12 months.
Click on right here to obtain our most up-to-date Certain Evaluation report on RTX (preview of web page 1 of three proven beneath):
Protection Inventory: L3Harris Applied sciences (LHX)
L3Harris Applied sciences is the results of a merger between L3 Applied sciences and Harris Company accomplished on June 29, 2019, forming the sixth largest protection contractor. The agency acquired Aerojet Rocketdyne in 2023.
The corporate now stories 4 enterprise segments: Communication Programs (~23% of income), Built-in Mission Programs (~42%), House and Airborne Programs (~35%), and Aerojet Rocketdyne.
Nearly all of L3Harris’ gross sales are to the U.S. Authorities or to different protection contractors.
Supply: Investor Presentation
L3Harris reported Q1 2025 outcomes on April twenty fifth, 2025. Income fell 2% to $5,132M from $5,211M on the divestment of the Industrial Aviation Answer (CAS) enterprise and weak point in two segments.
Diluted non-GAAP EPS elevated 7% to $2.41 from $2.25 on year-over-year foundation on higher margins, offset by decrease income in two segments.
Communications Programs income elevated 4% as a consequence of greater volumes. Margins climbed to 25.5%. Aerojet Rocketdyne income grew 8% to $629M from $584M on missile and munitions packages offset by area program and the Aerojet Ordnance Tennessee enterprise.
The agency’s backlog is $33.2B with a 0.84 book-to-bill ratio.
Click on right here to obtain our most up-to-date Certain Evaluation report on LHX (preview of web page 1 of three proven beneath):
Protection Inventory: Basic Dynamics (GD)
Basic Dynamics is a US aerospace & protection firm that operates in 4 enterprise segments: Aerospace (21% of gross sales), Fight Programs (19%), Marine Programs (26%), and Applied sciences (33%).
The Aerospace section is concentrated on enterprise jets and companies whereas the rest of the corporate is protection. The corporate makes the M1 Abrams tank, Stryker automobile, Virginia-class submarine, Columbia-class submarine, and Gulfstream enterprise jets.
Primarily based on income, Basic Dynamics is the fourth-largest protection firm. Basic Dynamics had income of roughly $47.7B in 2024.
Basic Dynamics reported wonderful Q1 2025 outcomes on April twenty third, 2025, beating estimates on extra income in all 4 segments. Firm-wide income rose 13.9% and diluted earnings per share elevated 27.1% to $3.66 on a year-over-year foundation.
Aerospace income rose 45.2% from the prior 12 months. The entire backlog is $19 billion. Gulfstream’s book-to-bill ratio was 0.8X. Income for Marine Programs elevated 7.7% on the energy of the Columbia and Virginia-class submarine packages.
The corporate-wide backlog is $88.7B of which ~$73.2B is funded and ~$20.6B is unfunded. The agency gained massive orders for floor autos, the M1 Abrams improve, and the Virginia-class submarine.
Basic Dynamics guided for income of ~$50.3B and earnings per share of ~$14.75 to $14.85 in 2025.
Click on right here to obtain our most up-to-date Certain Evaluation report on GD (preview of web page 1 of three proven beneath):
Protection Inventory: Huntington Ingalls Industries (HII)
Huntington Ingalls Industries primarily builds nuclear and non-nuclear ships for the U.S. Navy. The corporate stories three enterprise segments: Newport Information Shipbuilding, Ingalls Shipbuilding, and Mission Applied sciences.
Newport Information builds nuclear powered plane carriers and submarines. Ingalls builds floor combatant ships, amphibious assault ships, and Coast Guard cutters.
Mission Applied sciences supplies fleet upkeep and modernization, IT help, nuclear administration and operations, and unmanned techniques. The corporate had roughly $11.5B in income in 2024.
Huntington Ingalls reported Q1 2025 outcomes on Could 1st, 2025. Firm-wide income fell 2.5% and diluted earnings per share declined 2.1% to $3.79 from $3.87 on a year-over-year foundation on decrease gross sales in all three segments and offset by higher working margins.
Huntington Ingalls’ complete backlog now stands at $48.0B. Huntington Ingalls stored 2025 steering for ship constructing income of $8.9B – $9.1B and margins of 5.5% to six.5%.
Click on right here to obtain our most up-to-date Certain Evaluation report on HII (preview of web page 1 of three proven beneath):
Protection Inventory: Lockheed Martin (LMT)
Lockheed Martin Company is the world’s largest protection firm. About 60% of the corporate’s revenues comes from the US Division of Protection, with different US authorities businesses (10%) and worldwide shoppers (30%) making up the rest.
The corporate consists of 4 enterprise segments: Aeronautics (~40% of gross sales) – which produces army plane just like the F-35, F-22, F-16 and C-130; Rotary and Mission Programs (~26% gross sales) – which homes fight ships, naval electronics, and helicopters; Missiles and Fireplace Management (~16% gross sales) – which creates missile protection techniques; and House Programs (~17% gross sales) – which produces satellites.
The corporate has vital energy and publicity in army plane. The agency had complete income of over $71.2B in 2024.
Lockheed Martin reported outcomes for Q1 2025 on April twenty second, 2025.
Supply: Investor Presentation
Internet gross sales elevated 4% and diluted GAAP earnings per share rose to $7.28 from $6.39 on a year-over-year foundation on greater gross sales and working margins.
The agency gained $10B in current missile contracts for PSM, THAAD, JASSM, and the Trident II D5.
Lockheed Martin’s backlog fell to $173B with decreases in two out of the 4 segments. The corporate stored steering at $73.75B – $74.75B in gross sales and $27.00 – $27.30 in diluted earnings per share in 2025.
Click on right here to obtain our most up-to-date Certain Evaluation report on LMT (preview of web page 1 of three proven beneath):
Oil Inventory: EOG Sources (EOG)
EOG Sources is a crude oil and pure gasoline firm headquartered in Houston, Texas. It’s principally engaged within the exploration, growth, and manufacturing of crude oil and pure gasoline with reserves in america, Canada, Trinidad, and China.
EOG has three working segments break up by geographical areas: Crude oil, Pure Gasoline, and Pure Gasoline Liquids (NGL). The Crude Oil section is the most important, accounting for 79% of income.
Supply: Investor Presentation
On Could 1st, 2025, EOG Sources reported Q1 2025 outcomes. Income for the quarter was $5.67 billion, barely up from $5.59 billion in This autumn 2024, however down year-over-year. Internet revenue for the quarter got here in at $1.46 billion, equating to earnings per share of $2.65, up from $2.23
The corporate delivered free money circulation of $1.33 billion and working money circulation of $2.29 billion. Capital expenditure totaled $1.48 billion. EOG ended the quarter with $6.6 billion in money and money equivalents.
The corporate maintained a strong steadiness sheet with a debt-to-total capitalization ratio of 13.8%, and per-unit money working prices edged up barely to $10.31 per barrel of oil equivalents.
Click on right here to obtain our most up-to-date Certain Evaluation report on EOG (preview of web page 1 of three proven beneath):
Oil Inventory: ConocoPhillips (COP)
ConocoPhillips is the world’s largest impartial oil and gasoline producer, with a manufacturing of two.2 million barrels per day, and operations in 13 international locations. The corporate was based in 2002 and is headquartered in Houston, Texas.
The corporate has develop into the second-largest producer within the Permian, behind solely Exxon Mobil.
On November twenty second, 2024, ConocoPhillips acquired Marathon Oil (MRO) in an all-stock deal for an enterprise worth of $22.5 billion (incl. $5.4 billion of internet debt). The deal has added greater than 2 billion barrels of oil in adjoining areas of manufacturing and thus it’s anticipated to create annual synergies above $500 million from the primary 12 months.
Supply: Investor Presentation
In early Could, ConocoPhillips reported (5/8/25) outcomes for Q1-2025. It grew its output 26% due to the acquisition of Marathon Oil however its common realized oil value fell -6%. Earnings-per-share grew 3%, from $2.03 to $2.09.
The corporate reiterated its robust steering for manufacturing in 2025, anticipating progress from 1.99 to 2.34-2.38 million barrels per day. It additionally posted a rock-solid reserve substitute ratio of 123% in 2024.
Click on right here to obtain our most up-to-date Certain Evaluation report on COP (preview of web page 1 of three proven beneath):
Oil Inventory: Exxon Mobil Company (XOM)
Exxon Mobil is a diversified power big with a market capitalization of greater than $400 billion. In 2024, the upstream section generated 79% of the whole earnings of Exxon whereas the downstream and chemical segments generated 13% and eight% of the whole earnings, respectively.
On Could third, 2024, Exxon acquired Pioneer Pure Sources (PXD) for $60 billion in an all-stock deal. As Pioneer is the most important oil producer in Permian, Exxon expects to greater than double its Permian output, to 2.0 million barrels per day in 2027.
In early Could, Exxon reported (5/2/25) monetary outcomes for the primary quarter of fiscal 2025. Manufacturing decreased -1% sequentially however the firm benefited from greater gasoline costs. In consequence, earnings-per-share grew 5% sequentially, from $1.67 to $1.76.
The current acquisition of Pioneer will probably be a significant progress driver of Exxon. Guyana, one of the thrilling progress tasks within the power sector, is the opposite main progress undertaking of Exxon. Exxon has greater than tripled its estimated reserves within the space, from 3.2 billion barrels in early 2018 to about 11.0 billion barrels now.
Administration has said that 90% of latest reserves have a manufacturing price of $35 per barrel and thus it views the dividend as viable at Brent costs above $45.
Click on right here to obtain our most up-to-date Certain Evaluation report on XOM (preview of web page 1 of three proven beneath):
Oil Inventory: Chevron Company (CVX)
Chevron is without doubt one of the largest oil majors on this planet. The corporate sees the majority of its earnings from its upstream section and has the next crude oil and pure gasoline manufacturing ratio than most of its friends.
Chevron has elevated its dividend for 38 consecutive years, inserting it on the Dividend Aristocrats record.
Supply: Investor Presentation
In early Could, Chevron reported (5/2/25) outcomes for the primary quarter of 2025. Manufacturing remained primarily flat from the prior 12 months’s first quarter, as asset gross sales offset document Permian output after the acquisition of PDC Vitality.
As well as, the value of oil decreased and refining margins plunged to regular ranges after two years of elevated ranges.
In consequence, earnings-per-share fell -26%, from $2.93 to $2.18. Furthermore, the value of oil has plunged currently, as OPEC has begun to revive its output.
Chevron grew its output by 7% in 2024 due to sustained progress within the Permian Basin and acquisitions. The corporate has greater than doubled the worth of its property within the Permian within the final six years due to new discoveries and technological advances.
Click on right here to obtain our most up-to-date Certain Evaluation report on Chevron Company (CVX) (preview of web page 1 of three proven beneath):
Further Studying
If you’re excited by discovering different high-yield securities, the next Certain Dividend assets could also be helpful:
Excessive-Yield Particular person Safety Analysis
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