General Dynamics Corporation (NYSE:GD) had declared a cash dividend of $0.7600 on Aug 3, 2016. The shares will quote ex-dividend on Oct 5, 2016 and the record date has been fixed for Oct 7, 2016. On Aug 3, 2016 share price, the yield comes out to be 2.0510%. The dividend payable date has been fixed on Nov 10, 2016.
In a different note, On Aug 2, 2016, Argus Research said it Maintains its rating on General Dynamics Corporation. In the research note, the firm Raises the price-target to $160.00 per share. The shares have been rated ‘Buy’ by the firm.
General Dynamics Corporation (GD) made into the market gainers list on Fridays trading session with the shares advancing 0.11% or 0.17 points. Due to strong positive momentum, the stock ended at $151.47, which is also near the day’s high of $151.75. The stock began the session at $150.73 and the volume stood at 10,45,005 shares. The 52-week high of the shares is $153.76 and the 52 week low is $121.6065. The company has a current market capitalization of $46,241 M and it has 30,52,78,870 shares in outstanding.
General Dynamics Corporation(GD) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $7.67B. Analysts had an estimated revenue of $7.88B. Earnings per share were $2.44. Analysts had estimated an EPS of $2.31.
Several Insider Transactions has been reported to the SEC. On Aug 1, 2016, Gregory S Gallopoulos (Senior VP, Gen. Counsel, Sec.) sold 39,000 shares at $146.58 per share price.Also, On Nov 3, 2015, S. Daniel Johnson (Executive Vice President) sold 48,890 shares at $147.55 per share price.On Nov 3, 2015, Christopher Marzilli (Vice President) sold 40,550 shares at $147.91 per share price, according to the Form-4 filing with the securities and exchange commission.
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles weapons systems and munitions; communications and information technology systems and solutions and military and commercial shipbuilding. The Company operates through four business groups: Aerospace Combat Systems Information Systems and Technology and Marine Systems. Aerospace group designs manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering spanning design development manufacture and support of military vehicles weapons systems and munitions. Marine Systems group designs builds and supports submarines and surface ships. Information Systems and Technology group provides technologies products and services that support a range of military federal/civilian and commercial information-systems requirements.