The following video is part of our "Better Dividend Buy" series. In this edition, Fool analysts Eric Bleeker and Andrew Tonner weigh two dividend champions of the defense industry: Boeing and Lockheed Martin. While Lockheed Martin sports a heady dividend yield pushing past 5%, both Eric and Andrew appreciate the diversification of Boeing's business. Its commercial airlines business gives it diversification from a defense industry with a rocky-looking future and an entry into fast-growing emerging markets.

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