How Safe Is General Dynamics' Dividend?
The defense industry has done extremely well in recent years, and General Dynamics (NYSE: GD) has stood out from the crowd with its strong performance. The maker of Gulfstream jets and a host of combat systems for land and sea use has seen sales rise dramatically, and the company's efforts to make the most of its profit opportunities have paid off quite well. Yet some are nervous about the sustainability of the industry's upsurge, and concerns about the impact of a slowdown on General Dynamics' dividend have attracted some attention from those following the stock. Let's take a closer look at General Dynamics to see whether investors can be confident in its ability to keep its dividend moving higher.
Current Quarterly Dividend Per Share
$0.84
Source: Fool.com
General Dynamics Corp. Stock
General Dynamics Corp. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
With a target price of 277 € there is a slightly positive potential of 1.54% for General Dynamics Corp. compared to the current price of 272.8 €.
