General Dynamics a Top Ranked SAFE Dividend Stock With 2.4% Yield (GD)
General Dynamics Corp (Symbol: 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 2.4% 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 Corp is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.80% of the SPDR S&P Dividend ETF (SDY), which holds $166,895,457 worth of GD shares.
General Dynamics Corp (Symbol: GD) 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.
The annualized dividend paid by General Dynamics Corp is $5.04/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/30/2022. 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 Raytheon Technologies Corp (RTX), and Boeing Co. (BA).
