General Dynamics Board Declares Dividend
Rhea-AI Summary
General Dynamics (NYSE: GD), a global aerospace and defense company, has announced a regular quarterly dividend of $1.42 per share on its common stock. The dividend is payable on November 15, 2024, to shareholders of record as of October 11, 2024. This declaration demonstrates the company's commitment to returning value to its shareholders.
General Dynamics operates across various sectors, including business aviation, ship construction and repair, land combat vehicles, weapons systems, munitions, and technology products and services. With a workforce of over 100,000 employees in 65 countries, the company generated $42.3 billion in revenue in 2023, highlighting its significant global presence and financial performance.
Positive
- Consistent quarterly dividend payment of $1.42 per share
- Strong revenue of $42.3 billion in 2023
- Diverse portfolio across aerospace and defense sectors
- Global presence with operations in 65 countries
Negative
- None.
News Market Reaction
On the day this news was published, GD gained 0.63%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated
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SOURCE General Dynamics
