General Dynamics Stock To Go Ex-dividend Tomorrow (GD)

NEW YORK ( TheStreet) -- The ex-dividend date for General Dynamics (NYSE: GD) is tomorrow, July 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $78.30 as of 9:30 a.m. ET, the dividend yield is 2.8%.

The average volume for General Dynamics has been 2.1 million shares per day over the past 30 days. General Dynamics has a market cap of $27.79 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 13.1% year to date as of the close of trading on Friday.

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.

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TheStreet Ratings rates General Dynamics as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full General Dynamics Ratings Report.

See our dividend calendar or top-yielding stocks list.

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