If you had invested: $1,000.00💵
Into GD on 2023-04-28 📅
You would have made:
$19.71 🤑
Your Annual Rate of Return would be: 1.97% 📈
Total Increase: 1.97%📈
With that much money you could have bought:
0.0 Bugattis
Summary
General Dynamics Corporation (GD) is a global aerospace and defense company that provides a wide range of products and services to customers in the aerospace and defense, information technology, and marine industries. The company was founded in 1952 by a group of investors who purchased Electric Boat, a manufacturer of submarines for the U.S. Navy.
Over the years, General Dynamics has grown through a series of acquisitions and partnerships, and today it operates four business segments: Aerospace, Combat Systems, Marine Systems, and Information Technology.
In the Aerospace segment, General Dynamics offers a range of aircraft and related systems and services, including the Gulfstream business jet and the F-16 Fighting Falcon military aircraft. The Combat Systems segment provides a variety of products and services for ground, sea, and air defense applications, including tanks, armored vehicles, and artillery systems. The Marine Systems segment designs, builds, and supports a variety of ships and submarines for military and commercial customers, including nuclear-powered submarines for the U.S. Navy. The Information Technology segment provides a range of IT and cybersecurity services to government and commercial customers.
In the latest quarter, General Dynamics reported revenue of $10.1 billion, a 7% increase compared to the same period the previous year. The company's net income was $791 million, or $2.79 per share, up from $735 million, or $2.58 per share, in the prior-year period. The company's results were driven by strong performance in its Aerospace and Combat Systems segments, as well as improved performance in its Information Technology segment.
Overall, General Dynamics is a well-established company with a diverse portfolio of products and services for the aerospace and defense, IT, and marine industries. The company has a long history of providing high-quality products and services to its customers and has demonstrated strong financial performance in recent quarters.
Background
General Dynamics Corporation, one of the hottest companies on the stock market, located at 11011 sunset hills rd, reston, va, us specializes in the ship & boat building & repairing industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 68,148,552,000 $.
If someone had invested $100 in General Dynamics Corporation 10 years ago, their investment would be worth roughly $147.55 today, according to If You Had Invested
If you had invested...
The price of a stock is a reflection of the company's performance, market value, profitability and growth rate and for GD, its stock has been great. If you had invested $1,000 in General Dynamics Corporation 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:
Your investment would now be worth roughly $1019.71 today.
Financials
If you are looking for a company with a good dividend yield then General Dynamics Corporation has a dividend yield of 0.0204 making it a good dividend company to invest in. If you are going to buy some GD stock for dividends make sure you buy before 2022-10-06
In terms of growth General Dynamics Corporation has been on the up and up with a Quarterly earnings growth rate of 0.062. At the same time revenue growth has been to the moon with a rate of 0.043.
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