General Dynamics Dividend Increase
On 9 March, General
Dynamics (GD) increased its dividend by 6%, from $1.50 to $1.59 per share.
Dynamics (GD) increased its dividend by 6%, from $1.50 to $1.59 per share.
The dividend is payable on 8 May to shareholders of record on 10
April.
GD’s contribution to DivGro’s projected annual dividend income will
increase by $18 to $318.
I own 50 shares of GD at an average cost basis of $90.91 per share. Following this increase, my yield on cost
is 7.00%. (The stock’s forward yield is 1.83% at $348.08 per share).
Since I opened my position in March 2013, the stock has delivered a total return of 333%, including $2,300.30 in dividends.
That’s a superb annualized rate of return of 15.1%!
GD became DivGro’s 1st Home Run stock in October 2014 when it doubled my original capital
outlay.
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $4.67 | $4.97 | $5.22 | $5.58 | $5.92 | ⬆ | $6.27✝ |
| 8.10% | 6.42% | 5.03% | 6.90% | 6.09% | ⬇ | 5.91% |
| 5-year DGR: | 6.50% | ⬇ |
6.07% |
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✝projected, assuming no further changes
