Lockheed Martin Is a Top Dividend Stock for 2015: David Peltier

Portfolio Manager David Peltier highlights Lockheed Martin (LMT) as one of his top dividend stocks for 2015. The defense contractor gained over 20% in 2014 and its 3.3% dividend yield is tops in industry. Lockheed offers investors growth, in addition to income. Management boosted its payout back in September and has delivered a double-digit percentage dividend increase for 12 consecutive years. In the meantime, domestic defense spending appears to have bottomed out. The company can potentially trade up through $200 in the new year and offer investors a double-digit total return with lower relative risk than the broader market.