HII Increases Quarterly Dividend to $1.35 per Share

HII (NYSE: HII) has announced a quarterly dividend increase of $0.05, raising the payment to $1.35 per share from the previous $1.30.

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Rhea-AI Sentiment

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Rhea-AI Summary

HII (NYSE: HII) has announced a quarterly dividend increase of $0.05, raising the payment to $1.35 per share from the previous $1.30. The dividend will be paid on December 13, 2024, to shareholders of record as of November 29, 2024. This increase represents the company's commitment to delivering shareholder value through consistent dividend payments.

Positive

Dividend increased by 3.8% from $1.30 to $1.35 per share
Demonstrates financial strength and commitment to shareholder returns
Maintains consistent quarterly dividend payment schedule

Negative

None.

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News Market Reaction – HII

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10/30/2024 - 08:15 AM

NEWPORT NEWS, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.35 per share, a $0.05 increase over the $1.30 per share dividend paid in each of the prior four quarters. The $1.35 per share dividend will be payable on Dec. 13, 2024, to shareholders of record as of the close of business on Nov. 29, 2024.

About HII

HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.

As the nation’s largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

HII on the web: https://www.HII.com/
HII on Facebook: https://www.facebook.com/TeamHII
HII on X: https://www.twitter.com/WeAreHII
HII on Instagram: https://www.instagram.com/WeAreHII

Contact:
Brooke Hart (Media)
brooke.hart@hii-co.com
202-264-7108

Christie Thomas (Investors)
christie.thomas@hii-co.com
757-380-2104

FAQ

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What is HII's new quarterly dividend amount for Q4 2024?

HII's new quarterly dividend amount is $1.35 per share, representing a $0.05 increase from the previous $1.30 per share.

When will HII pay its increased dividend in December 2024?

HII will pay the increased dividend of $1.35 per share on December 13, 2024, to shareholders of record as of November 29, 2024.

How much did HII increase its quarterly dividend in October 2024?

HII increased its quarterly dividend by $0.05 per share, from $1.30 to $1.35, representing a 3.8% increase.

What is the record date for HII's Q4 2024 dividend payment?

The record date for HII's Q4 2024 dividend payment is November 29, 2024.

HII Increases Quarterly Dividend to $1.35 per Share