HII Increases Quarterly Dividend to $1.24 per Share

Rhea-AI Summary

HII (NYSE:HII) has declared a quarterly cash dividend of $1.24 per share, marking a $0.06 increase from the previous dividend of $1.18 paid over the last four quarters. This dividend will be payable on December 9, 2022, to shareholders on record as of November 25, 2022. As a leading global defense partner with a history exceeding 135 years, HII focuses on advancing U.S. national defense, employing a workforce of approximately 44,000 skilled professionals.

Positive

• Quarterly cash dividend increased by $0.06 to $1.24 per share.
• Dividend payable on December 9, 2022, enhances shareholder income.

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• None.

NEWPORT NEWS, Va., Nov. 02, 2022 (GLOBE NEWSWIRE) -- HII (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.24 per share, a $0.06 increase over the $1.18 per share dividend paid in each of the prior four quarters. The $1.24 per share dividend will be payable on Dec. 9, 2022, to shareholders of record as of the close of business on Nov. 25, 2022.

HII is a global, all-domain defense partner, building and delivering the world’s most powerful, survivable naval ships and technologies that safeguard our seas, sky, land, space and cyber.

As America’s largest shipbuilder and with a more than 135-year history of advancing U.S. national defense, we are united by our mission in service of the heroes who protect our freedom. HII’s diverse workforce includes skilled tradespeople; artificial intelligence, machine learning (AI/ML) experts; engineers; technologists; scientists; logistics experts; and business professionals. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:

• HII on the web:  https://www.hii.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on Twitter: https://www.twitter.com/wearehii
• HII on Instagram: https://www.instagram.com/wearehii

Contact:

Brooke Hart (Media)
brooke.hart@hii-co.com
202-264-7108

Christie Thomas (Investors)
christie.thomas@hii-co.com
757-380-2104

 

FAQ

What is the new dividend amount for HII?

The new dividend amount for HII is $1.24 per share.

When will the HII dividend be paid?

The HII dividend will be paid on December 9, 2022.

What was the previous dividend amount for HII?

The previous dividend amount for HII was $1.18 per share.

What is the record date for the HII dividend?

The record date for the HII dividend is November 25, 2022.

How often does HII pay dividends?

HII pays dividends quarterly.