Sign In
Search
Business/Financial

GD Increases Dividend, Adds To Share Repurchase Program

Cal Biesecker By
SHARE:
GD Increases Dividend, Adds To Share Repurchase Program
Army Stryker Vehicle Photo: U.S. Army

General Dynamics [GD] on Wednesday said it will hike its quarterly dividend by nearly 11 percent to 84 cents per share, marking the 20th straight the company’s board has authorized an annual dividend increase.The current quarterly dividend is 76 cents per share. The increase to the dividend is pay able on May 5.GD’s board also authorized the repurchase of an additional 10 million shares of the company’s stock.Share repurchases and dividends are two ways that publicly traded companies reward their…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Vatn Systems Acquires Company With Subsea Acoustic Sensing And Signal Processing Expertise

Business/Financial

Karman To Acquire Composites And Material Sciences Companies To Boost Navy Work

Business/Financial

Space Radar, Satellite Startup Array Labs Raises $20 Million

Business/Financial

L3Harris Trims Operating Segments In Realignment

Trending

DHS Creates Program Executive Office for Drone and Counter-Drone Systems
Trump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”
Mach Industries Adds Counter Drone System To Product Portfolio
Trump Wants $1.5 Trillion Defense Budget In ‘27, Limits On Contractors’ Stock Buybacks, Exec Pay
Northrop Grumman Says It’s Received Navy Contract for SSRM After Beating Anduril

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume