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The commercial jetliner manufacturer Boeing Co. (NYSE: BA) has always been one of our favorite stocks at Money Morning.
That's because, despite past troubles, Boeing continues to grow sales figures. In its last earnings report, Boeing grew revenue by 5% in 2014, and earnings by 14%.
Another healthy Boeing figure is its backlog. This past quarter, Boeing's backlog grew to a record $502 billion – enough to operate at full capacity through the decade. And in December of 2014, the company increased dividends by 25% to $0.91 a share. This brings its dividend yield to around 2%. Beyond dividends, Boeing also authorized stock buybacks of up to $12 billion.
So not only is Boeing a company that's going to deliver strong revenue and profit growth in the years to come, it's also going to look for ways to continue rewarding its shareholders via additional buybacks and dividend increases. That's a winning formula for wealth for investors.