General Dynamics Corporation

NYSE GD

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General Dynamics Corporation Dividend Coverage Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -9.67%

General Dynamics Corporation Dividend Coverage Ratio 1 year YoY Change (%) is -9.67% for the Trailing 12 Months (TTM) ending March 31, 2024, a -1,419.18% change year over year. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • General Dynamics Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 2.45, a -0.64% change year over year.
  • General Dynamics Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 2.47, a -1.96% change year over year.
  • General Dynamics Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 2.52, a -13.94% change year over year.
  • General Dynamics Corporation Dividend Coverage Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 2.92, a -2.91% change year over year.
NYSE: GD

General Dynamics Corporation

CEO Ms. Phebe N. Novakovic
IPO Date Jan. 3, 1977
Location United States
Headquarters 11011 Sunset Hills Road, Reston, VA, United States, 20190
Employees 111,600
Sector Industrials
Industry Aerospace & defense
Description

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

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StockViz Staff

September 19, 2024

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