General Dynamics Board Increases Dividend

The board of directors of General Dynamics (NYSE: GD) has declared a quarterly dividend of $1.32 per share, payable on May 12, 2023, to shareholders of record on April 14, 2023.

Rhea-AI Summary

The board of directors of General Dynamics (NYSE: GD) has declared a quarterly dividend of $1.32 per share, payable on May 12, 2023, to shareholders of record on April 14, 2023. This marks the 26th consecutive annual dividend increase, representing a 4.8% increase from last year. General Dynamics, a leading global aerospace and defense company, reported $39.4 billion in revenue for 2022 and employs over 100,000 people worldwide. The dividend reflects the company's ongoing commitment to returning value to shareholders.

Positive

• Declared a quarterly dividend of $1.32 per share.
• Represents a 4.8% increase over last year's dividend.
• 26th consecutive annual dividend increase.

Negative

• None.

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News Market Reaction – GD

In the trading session that priced this news, GD declined 1.27%, reflecting a mild negative market reaction.

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RESTON, Va., March 8, 2023 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.32 per share on the company's common stock, payable May 12, 2023, to shareholders of record on April 14, 2023. This is the 26th consecutive annual dividend increase authorized by the General Dynamics board, and represents a 4.8% increase over last year's dividend.

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 worldwide and generated $39.4 billion in revenue in 2022. More information about General Dynamics is available at www.gd.com.  

 

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SOURCE General Dynamics

FAQ

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What is the dividend amount declared by General Dynamics?

General Dynamics declared a quarterly dividend of $1.32 per share.

When is the dividend payment date for General Dynamics?

The dividend will be paid on May 12, 2023.

What is the record date for the General Dynamics dividend?

The record date for the dividend is April 14, 2023.

How much revenue did General Dynamics generate in 2022?

General Dynamics generated $39.4 billion in revenue in 2022.

How many employees does General Dynamics have?

General Dynamics employs over 100,000 people worldwide.