General Dynamics board declares $1.50 quarterly dividend

Published 03/12/2025, 20:36
General Dynamics board declares $1.50 quarterly dividend

RESTON, Va. - General Dynamics (NYSE:GD) announced Wednesday that its board of directors has declared a regular quarterly dividend of $1.50 per share on the company’s common stock.

The dividend will be payable on February 6, 2026, to shareholders of record as of January 16, 2026, according to a press release statement from the aerospace and defense company.

General Dynamics operates globally in multiple sectors including business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, as well as technology products and services.

The company employs more than 110,000 people worldwide and generated $47.7 billion in revenue in 2024.

In other recent news, General Dynamics has reported strong third-quarter earnings, with earnings per share reaching $3.88, surpassing the consensus estimate of $3.71. The company also posted revenues of $12.9 billion, exceeding expectations of $12.52 billion. This financial performance has led Bernstein to raise its price target for General Dynamics to $388, maintaining a Market Perform rating, while UBS increased its target to $381, citing robust results in the Marine and Aerospace segments. Additionally, General Dynamics NASSCO secured a $1.7 billion contract to build two additional John Lewis-class fleet replenishment oilers for the U.S. Navy. The contract is part of an ongoing agreement for up to eight more oilers. In collaboration news, General Dynamics Information Technology has expanded its partnership with Google Public Sector to enhance AI and cloud solutions for U.S. government agencies. Meanwhile, Innodata announced leadership changes, promoting Rahul Singhal to President and Chief Revenue Officer, aiming to bolster its growth in generative AI solutions.

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