General Dynamics Corporation (NYSE:GD) Updates On Dividend Release Date


On 2016-08-04, General Dynamics Corporation (NYSE:GD) confirmed the dividend disbursement of $0.76 a share to shareholders as on record 2016-10-07. The firm will release dividend on 2016-11-10 while ex-dividend date is reported to be 2016-10-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, General Dynamics Corporation (NYSE:GD) paid a total of $0.76 per share in dividends. This figure stood at $0.76 a share in the same period a year ago indicating a deviation of 11.157%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $165.571 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $172 and $152, respectively.

Taking the mathematical rating formula, the price for General Dynamics Corporation (NYSE:GD) stands at 1.33. Earnings Review General Dynamics Corporation (NYSE:GD) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $2.36.

Coming to the quarter ending on 2015-12-31, General Dynamics Corporation (NYSE:GD) recorded EPS of $2.44. The reported numbers came lower than the analysts’ estimates of $2.3, demonstrating a miss of $0.14 as against reported figures.

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