General Dynamics Board Increases Dividend

General Dynamics (NYSE: GD) has announced its 28th consecutive annual dividend increase, with the board declaring a regular quarterly dividend of $1.50 per share on the company's common stock.

Rhea-AI Summary

General Dynamics (NYSE: GD) has announced its 28th consecutive annual dividend increase, with the board declaring a regular quarterly dividend of $1.50 per share on the company's common stock. This represents a 5.6% increase compared to last year's dividend.

The dividend will be payable on May 9, 2025, to shareholders of record on April 11, 2025. The company, a global aerospace and defense leader, reported revenue of $47.7 billion in 2024 and currently employs more than 110,000 people worldwide. General Dynamics operates across multiple sectors, including business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services.

Positive

• 28th consecutive annual dividend increase shows strong dividend growth history
• 5.6% dividend increase demonstrates solid shareholder returns
• Substantial revenue of $47.7B in 2024
• Large workforce of 110,000+ indicates stable operations
• Diversified business portfolio across multiple defense sectors

Negative

• None.

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RESTON, Va., March 5, 2025 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.50 per share on the company's common stock, payable May 9, 2025, to shareholders of record on April 11, 2025. This is the 28th consecutive annual dividend increase authorized by the General Dynamics board and represents a 5.6% 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 110,000 people worldwide and generated $47.7 billion in revenue in 2024. More information about General Dynamics is available at www.gd.com.

 

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SOURCE General Dynamics

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new quarterly dividend amount for General Dynamics (GD) stock?

General Dynamics' new quarterly dividend is $1.50 per share, representing a 5.6% increase from the previous year.

When will General Dynamics (GD) pay its next dividend?

The dividend will be paid on May 9, 2025, to shareholders of record as of April 11, 2025.

How many consecutive years has General Dynamics (GD) increased its dividend?

General Dynamics has increased its dividend for 28 consecutive years, demonstrating a strong track record of consistent dividend growth.

What was General Dynamics' (GD) revenue in 2024?

General Dynamics generated revenue of $47.7 billion in 2024.

How many employees does General Dynamics (GD) currently have?

General Dynamics employs more than 110,000 people worldwide.