Why General Dynamics is a Top 25 SAFE Dividend Stock (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 2.3% 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 Corp is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.81% of the SPDR S&P Dividend ETF (SDY), which holds $151,203,159 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 $4.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/16/2020. 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 Co. (BA), and United Technologies Corp (UTX).

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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