Open Fire On These Dividend Stocks

Investing In Firearms And Ammo CompaniesThere's no question we live in a very dangerous world. Terrorist acts, murders and personal attacks seem to bombard the headlines on a daily basis without an end in sight. Because of this sad fact, when it comes to personal safety, most Americans often turn to some form of personal firearm for protection. While violent crimes and other terror acts seem to continually be on the rise, it seems that price is no object when it comes to our personal safety. That being said, there are a number of dividend paying companies in the guns and ammo sector that might find a home in your dividend portfolio, as more Americans embrace firearms as a form of personal self defense. With more guns and ammo being sold certain companies seem poised to benefit from this rising violent trend.First up, we'll examine Alliant Techsystems Inc. (NYSE: ATK). Headquartered in Arlington, Virginia, ATK supplies ammunition, firearms, and shooting accessories for the hunting and outdoor recreation markets. It also provides the military small, medium, and large caliber ammunition; propulsion systems for tactical missiles, precision munitions; gun systems; and warheads. Currently yielding a low 1.00% dividend with an equally low payout ratio of 11.0% based on an EPS of 10.76, ATK has plenty of room to continue paying and increase its distributions. On the valuation side of things ATK has a current PE of 12.02 which is well below industry peers and the S&P. Forward PE... Read more