June 14, 2013 at 08:29 AM EDT
Boeing’s Competition from Airbus Intensifies (BA)

Aerospace giant The Boeing Company (BA) is now facing increased competition in the long-haul wide-body aircraft market from fellow aircraft maker Airbus, whose A350 jet took off on its maiden flight on Thursday.

The Airbus A350 is Airbus’ first all-new plane in about eight years. The jet is made up of lightweight carbon-fiber that should help save on jet fuel, a major expense for long-haul flights.

While Boeing currently dominates the long-haul wide-body aircraft market with its 787 and 777 jets, the company has been under the microscope as of late due to technical troubles with its new 787 Dreamliner. Airbus’ new entry into the market will be another hurdle for Boeing going forward, as they both compete to sell aircrafts to airlines.

Boeing shares were down 5 cents, or -0.5%, during pre-market trading on Friday. The stock is up +35.56% year-to-date.

The Bottom Line
Shares of The Boeing Company (BA) have a dividend yield of 1.90% based on last night’s closing price of $102.16 and the company’s annualized dividend payout of $1.94 per share.

The Boeing Company (BA) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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