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RESTON, Va. - General Dynamics (NYSE:GD), with a market capitalization of $84.95 billion, 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 company has maintained dividend payments for 47 consecutive years, with 11 straight years of dividend increases.
The dividend will be payable on November 14, 2025, to shareholders of record as of October 10, 2025, according to a press release issued by the aerospace and defense company. InvestingPro analysis shows the company maintains a healthy 1.91% dividend yield, reflecting its strong financial position.
General Dynamics, which employs more than 110,000 people worldwide, operates across multiple defense and aerospace sectors, including business aviation, ship construction and repair, land combat vehicles, weapons systems, munitions, and technology products and services.
The company generated $47.7 billion in revenue in 2024.
In other recent news, General Dynamics reported strong second-quarter earnings, with earnings per share reaching $3.74, surpassing expectations by 5%. The company also experienced a 9% increase in revenue compared to the same period last year, with total revenues hitting $13 billion, exceeding the consensus expectation of $12.39 billion. General Dynamics has also secured a $98 million contract modification from the U.S. Department of Defense, extending its work with the U.S. Air Forces Central Command until September 2026. Additionally, the U.S. Navy has added another DDG 51 destroyer to its contract with General Dynamics Bath Iron Works, joining seven other destroyers currently under construction. In light of these developments, several financial firms have adjusted their price targets for General Dynamics. RBC Capital raised its target to $330, while Bernstein increased it to $335, and Citi raised its target to $368, maintaining a Buy rating. These adjustments reflect the company’s robust financial performance and ongoing government contracts.
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