Why General Dynamics Corporation is a Top Dividend Stock (GD)

General Dynamics Corporation (GD) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 2.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

According to the ETF Finder at ETF Channel, General Dynamics  is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.71% of the SPDR S&P Dividend ETF (SDY), which holds $92,892,005 worth of GD shares.

General Dynamics made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

 The annualized dividend paid by General Dynamics is $3.04 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/06/2016.

Below is a long-term dividend history chart for GD, which the report stressed as being of key importance.


GD operates in the Aerospace & Defense sector, among companies like Boeing (BA) and United Technologies (UTX).

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