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NEW YORK ( TheStreet) -- The ex-dividend date for General Dynamics (NYSE: GD) is tomorrow, April 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $70.38 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for General Dynamics has been 1.9 million shares per day over the past 30 days. General Dynamics has a market cap of $25.41 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 6.6% year to date as of the close of trading on Monday. General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. The company has a P/E ratio of 10.3, above the average aerospace/defense industry P/E ratio of 10 and below the S&P 500 P/E ratio of 17.7.