Finally, Huntington Ingalls offers passive income, with a forward yield of 2.79%. What’s more, the payout ratio sits at 32.72%, suggesting greater reliability of the dividend. As well, the company enjoys 13 years of consecutive dividend increases, a streak management is unlikely to give up without a fight.

Shares of aerospace and defense company Huntington Ingalls (NYSE:HII) jumped 13.1% in the mid-day session after President Trump announced plans to help the shipping industry, including funding via tax incentives,

Shares of Huntington Ingalls Industries Inc. HII advanced 1.53% to $175.58 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.59% to 5,954.50 and the Dow Jones Industrial Average DJIA rising 1.39% to 43,840.91.

Huntington Ingalls (NYSE:HII) +11.1% in Wednesday's trading to lead all gainers on the S&P 500 after President Trump announced plans to invest in the shipbuilding industry in last night's address to a joint session of Congress.