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Friday, March 1, 2013

Recent Buy: GD

Mar 1, 2013: Bought 35 shares of GD at $67.61 per share.

Yesterday I published a stock analysis of General Dynamics Corporation (GD) in which I indicated that I'm considering buying 35 shares. Today, GD opened about 1% down from yesterday's closing price. It gave me a good entry point and secured an initial dividend yield of 3.02%.

The following table provides some key statistics for GD.
A recent graph by F.A.S.T. Graphs shows GD's stock price relative to its earnings justified valuation. 

With this purchase of 35 shares of GD, I'm adding $71.40 of expected annual dividend income to DivGro ($53.55 for the 2013 calendar year).

Full Disclosure: Long GD

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