General Dynamics has a strong track record of market-beating returns. It has a very strong backlog and recently won a number of contracts with the U.S. military. The recent dip in price presents an opportunity for long-term dividend growth investors.
General Dynamics offers a diversified portfolio of defense assets with significant growth potential, and should benefit from its very strong backlog in the coming years. It's track record of steady and growing income streams has contributed to market-beating returns over the past decade. Moreover, it pays a well-covered dividend and has a history of share buybacks. As such, growth investors may want to take advantage of the recent dip for the stock's long-term potential.
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