114-year-old defense stock offers a $3 billion dividend payout in 2026

When geopolitical tensions flare up, defense stocks tend to gain momentum. That's precisely what happened in the past week. After the U.S. and Israel launched widespread strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei and triggering Iranian retaliation that killed three U.S. service members, defense stocks surged. Lockheed Martin jumped more than 3%, CNBC reported. Northrop Grumman climbed around 6%. European names like BAE Systems and Hensoldt rose roughly 6% and 5%, respectively. But he ...