By Robb M. Stewart

General Dynamics Corp. boosted its quarterly dividend 8.2% to $1.19 a share.

The aerospace and defense company said the payout marks the 24th consecutive annual dividend increase authorized by its board.

The dividend will be payable May 7 to shareholders of record on April 9, it said.

In afternoon trading, General Dynamics shares were up 0.7% at $168.89, and ahead by 13% in 2021.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

March 03, 2021 13:53 ET (18:53 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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