BAE Systems is a global defence, aerospace and security company, delivering a wide range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology and support services. With some 84,600 1 employees in six continents, we work together with local partners to develop, engineer, manufacture and support the innovations that increase defence sovereignty, sustain economies and safeguard commercial interests.
1 Including share of equity accounted investments
Nearly 85k employees. Woah. That’s a lot. But more importantly, from their website, we can find out:
- they are a sound company in a necessary sector;
- they have 12 years’ worth of increasing dividends;
- If you look at their site, they have a great investor page which shows their dividend history back to the 90s. As you can see, it’s solid;
- The yield is currently ca. 4.6% – pretty nice, if I do say so myself.
If you want more detailed information, their half-yearly report is available here on the London Stock Exchange website. It looks really good. Plenty of orders, stable income. Not too much debt.
Global Conflict Has Helped Share Price Increase
With geopolitical tensions in various parts of the world at a heightened state right now, the share price has appreciated at least 5% since I bought my existing 37 years earlier this year. Of course, this can go up and down, but the critical factor for me is not price but value.
What do you think? Is BAE Systems a good value share to buy right now?