By Connor Hart
General Dynamics increased its dividend to $1.50 from $1.42.
The new payout, equal to $6 a year, represents an annual yield of about 2.4% based on Tuesday's closing price of $250.80.
The Reston, Va., aerospace and defense company said Wednesday that the higher dividend will be paid May 9 to shareholders of record as of April 11.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
March 05, 2025 13:12 ET (18:12 GMT)
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