Investors should note that aerospace and defense companies offer promising dividends that provide growth in bull markets and give investors a cushion in bear markets, writes Selena Maranjian for The Motley Fool.

That said, the current yields on PowerShares Aerospace & Defense (NYSEArca: PPA) and iShares Dow Jones U.S. Aerospace & Defense (NYSEArca: ITA) aren’t all that hot – both are around 1.2%. Their performance, on the other hand, has been pretty nice over the short- and long-term and both are about 9% above their long-term trend lines.

For more information on the aerospace & defense industries, visit our aerospace & defense category.

Max Chen contributed to this article.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.