Dividend Flows Coverage: General Dynamics Corporation (NYSE:GD) expected to pay $0.76 on Nov 10, 2016

Dividend Flows Coverage: General Dynamics Corporation (NYSE:GD) expected to pay $0.76 on Nov 10, 2016

General Dynamics Corporation (NYSE:GD) is expected to pay $0.76 on Nov 10, 2016. The indicated annual dividend is $3.04. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on General Dynamics Corporation’s current price of $154.71, the dividend is 0.49%. This dividend’s record date is Oct 7, 2016 and the announcement date is Aug 4, 2016. The stock decreased 0.29% or $0.45 during the last trading session, hitting $154.71. General Dynamics Corporation (NYSE:GD) has risen 11.91% since March 1, 2016 and is uptrending. It has outperformed by 2.67% the S&P500.

General Dynamics Corporation is an aerospace and defense firm that offers a portfolio of services and products in business aviation; combat vehicles, weapons systems and munitions; command, control, communications, computers, intelligence, surveillance and reconnaissance solutions and information technology (IT) services, and shipbuilding. The company has a market cap of $47.09 billion.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.13, from 0.89 in 2016Q1. The ratio increased, as 45 funds sold all General Dynamics Corporation shares owned while 305 reduced positions. 91 funds bought stakes while 267 increased positions. They now own 265.50 million shares or 2.74% less from 272.98 million shares in 2016Q1.
Redwood Limited Liability, a Massachusetts-based fund reported 108,816 shares. The Michigan-based Schwartz Invest Counsel Inc has invested 0.02% in General Dynamics Corporation (NYSE:GD). Lipe Dalton, a New York-based fund reported 1,524 shares. Edgemoor Advisors has invested 1.33% of its portfolio in General Dynamics Corporation (NYSE:GD). Confluence Inv Management Ltd Llc holds 71,928 shares or 0.28% of its portfolio. Adirondack Trust Company last reported 0.18% of its portfolio in the stock. Nationwide Fund Advsr, a Pennsylvania-based fund reported 434,074 shares. Advisory Svcs Network Limited Liability Com holds 0.11% of its portfolio in General Dynamics Corporation (NYSE:GD) for 3,551 shares. Winfield Assoc, a Ohio-based fund reported 81 shares. Moreover, Aull Monroe Investment Mgmt has 0.12% invested in General Dynamics Corporation (NYSE:GD) for 1,439 shares. Commercial Bank Of Montreal Can has 1.46 million shares for 0.23% of their US portfolio. Meritage Portfolio Management accumulated 0.59% or 37,866 shares. Barrett Asset Mngmt Limited Liability Com has invested 0.79% of its portfolio in General Dynamics Corporation (NYSE:GD). Hilltop Inc has 1,910 shares for 0.08% of their US portfolio. Smith Asset Mngmt Gru Ltd Partnership holds 0.71% or 170,196 shares in its portfolio.

Insider Transactions: Since July 29, 2016, the stock had 0 insider purchases, and 7 insider sales for $62.05 million net activity. Johnson S. Daniel also sold $4.98M worth of General Dynamics Corporation (NYSE:GD) shares. The insider HELM ROBERT W sold 149,910 shares worth $22.85 million. On Friday, July 29 the insider Gallopoulos Gregory S sold $5.72 million. Shares for $8.45M were sold by CASEY JOHN PATRICK. 4,117 shares were sold by Kuryea Kimberly A, worth $636,307 on Tuesday, September 6. Roualet Mark C. had sold 40,780 shares worth $6.17M on Thursday, August 11.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

Out of 11 analysts covering General Dynamics Corporation (NYSE:GD), 8 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 73% are positive. General Dynamics Corporation has been the topic of 24 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Wolfe Research with “Outperform” on Thursday, October 29. Goldman Sachs maintained the shares of GD in a report on Monday, May 2 with “Neutral” rating. The firm has “Hold” rating by Deutsche Bank given on Thursday, March 24. Bernstein upgraded the stock to “Outperform” rating in Wednesday, August 10 report. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, April 28. As per Monday, August 31, the company rating was upgraded by Zacks. The stock of General Dynamics Corporation (NYSE:GD) has “Hold” rating given on Friday, July 31 by Drexel Hamilton. The stock of General Dynamics Corporation (NYSE:GD) earned “Buy” rating by Zacks on Tuesday, August 25. The stock of General Dynamics Corporation (NYSE:GD) earned “Overweight” rating by Barclays Capital on Monday, November 30. The rating was maintained by RBC Capital Markets on Thursday, July 30 with “Outperform”.

More recent General Dynamics Corporation (NYSE:GD) news were published by: Profitconfidential.com which released: “General Dynamics Corporation: GD Stock to Hit $200 in 2017?” on October 02, 2016. Also Businesswire.com published the news titled: “Fitch Affirms General Dynamics at ‘A’; Outlook Stable” on October 03, 2016. Seekingalpha.com‘s news article titled: “General Dynamics: Cash Flow Problems?” with publication date: September 05, 2016 was also an interesting one.

GD Company Profile

General Dynamics Corporation, incorporated on February 21, 1952, is an aerospace and defense firm that offers a portfolio of services and products in business aviation; combat vehicles, weapons systems and munitions; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions and information technology (IT) services, and shipbuilding. The Firm operates through four business groups: Aerospace, which produces Gulfstream aircraft; provides aircraft services, and performs aircraft completions for other original equipment manufacturers (OEMs); Combat Systems, which design and manufacture combat vehicles, weapons systems and munitions; Information Systems and Technology, which provides C4ISR solutions and IT services, and Marine Systems, which design, construct and repair surface ships and submarines.

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