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Here's the Best Space Stock to Buy If You Want Passive Income

TheMotleyFool

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Here's the Best Space Stock to Buy If You Want Passive Income: https://g.foolcdn.com/editorial/images/711278/rocket-take-off-and-released-from-digital-tablet-to-space.jpg

General Dynamics (NYSE: GD) continues to build upon its legacy as a major player in space communications, satellite and radar technology, and engineering outside Earth's atmosphere. The company also recently attained the vaunted Dividend Aristocrat status, delivering at least 25 years of regularly increasing dividend payouts to shareholders.

This achievement, coupled with its history as a diverse supplier of aerospace, military, and other equipment, ensures General Dynamics a place as a top space stock for those looking to generate passive income in this sector.

When America won the space race to the Moon, a General Dynamics transponder carried the iconic words of Neil Armstrong and Buzz Aldrin back to the nation.

Source Fool.com

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