RESTON, Va., March 4, 2020 /PRNewswire/ -- The board of
directors of General Dynamics (NYSE: GD) today declared a regular
quarterly dividend of $1.10 per share
on the company's common stock, payable May
8, 2020, to shareholders of record on April 10, 2020. This is the 23rd consecutive
annual dividend increase authorized by the General Dynamics board,
and represents a 7.8% increase over last year's dividend.
The board also provided management with the authority to
repurchase an additional 10 million shares of the company's issued
and outstanding common stock on the open market.
General Dynamics, headquartered in Reston, Virginia, is a global aerospace and
defense company that offers a broad portfolio of products and
services in business aviation; combat vehicles, weapons systems and
munitions; IT services; C4ISR solutions; and shipbuilding and ship
repair. General Dynamics employs more than 100,000 people worldwide
and generated $39.4 billion in
revenue in 2019.
More information is available at www.gd.com.
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SOURCE General Dynamics Corporation