General Dynamics Raises Quarterly Dividend to $1.42 per Share
By Stephen Nakrosis
General Dynamics said its board raised the company's quarterly dividend by 10 cents per share, to $1.42 per share.
The new dividend will be payable on May 10 to shareholders of record on April 12, the company said Wednesday.
The latest increase represents the 27th annual dividend increase by the company. The company last raised its dividend in March of 2023.
The new dividend, $5.68 on an annual basis, represents a dividend yield of about 2%.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 06, 2024 16:06 ET (21:06 GMT)
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