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
With 29 Buy predictions and 1 Sell predictions General Dynamics Corp. is one of the favorites of our community.
As a result the target price of 345 € shows a slightly positive potential of 3.76% compared to the current price of 332.5 € for General Dynamics Corp..
