General Dynamics Rewards Shareholders With 5.6% Dividend Hike

General Dynamics Corp. (GD) recently announced that its board of directors has approved a 5.6% increase in quarterly dividend rate. The company’s revised quarterly dividend will be $1.50 per share, payable on May 9, 2025, to its shareholders of record at the close of the business on April 11.The recent increase represents the company’s 28th consecutive annual dividend hike. Following this hike, GD’s new annualized dividend rate is$6 per share, resulting in an annualized dividend yield of 2.3%, based on its ...