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General Dynamics faces mixed investor sentiment and missed earnings estimates, yet maintains a $1.50 quarterly dividend.
Institutional investors have mixed views on General Dynamics, with Saratoga Research & Investment Management and Wellington Management Group LLP reducing their stakes by 3.5% and 41.5%, respectively, while FSB Premier Wealth Management Inc. and Rodgers Brothers Inc. increased theirs.
General Dynamics reported $4.15 EPS for the quarter, missing analysts' estimates.
The company, which operates in aerospace and defense, announced a quarterly dividend of $1.50, with a market cap of $72.72 billion and a dividend yield of 2.23%.
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