General Dynamics Board Declares Dividend

Rhea-AI Summary

The board of directors of General Dynamics (NYSE: GD) has declared a regular quarterly dividend of $1.42 per share on the company's common stock. The dividend will be payable on August 9, 2024, to shareholders of record as of July 5, 2024.

General Dynamics is a global aerospace and defense company offering a wide range of products and services, including business aviation, ship construction and repair, land combat vehicles, weapons systems, and technology products. The company employs over 100,000 people in 65 countries and generated $42.3 billion in revenue in 2023.

Positive

• Declared a regular quarterly dividend of $1.42 per share, signaling strong financial health.
• Dividend payable on August 9, 2024, providing a return to shareholders.
• General Dynamics generated $42.3 billion in revenue in 2023, indicating robust financial performance.
• The company employs over 100,000 people, highlighting its significant global presence.
• Operations span 65 countries, ensuring diversified revenue streams.

Negative

• The dividend announcement did not include any information on earnings or profitability, leaving investors uncertain about the underlying financial health beyond the declared dividend.

RESTON, Va., June 5, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable August 9, 2024, to shareholders of record on July 5, 2024.

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated $42.3 billion in revenue in 2023. More information about General Dynamics is available at www.gd.com.

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SOURCE General Dynamics

FAQ

What is the dividend per share declared by General Dynamics for Q2 2024?

General Dynamics declared a regular quarterly dividend of $1.42 per share.

When will General Dynamics pay the declared dividend?

The declared dividend will be payable on August 9, 2024.

What is the record date for General Dynamics' dividend?

The record date for the dividend is July 5, 2024.

How much revenue did General Dynamics generate in 2023?

General Dynamics generated $42.3 billion in revenue in 2023.

How many employees does General Dynamics have?

General Dynamics employs over 100,000 people.

How many countries does General Dynamics operate in?

General Dynamics operates in 65 countries.