STOCK TITAN

Huntington Ingalls Industries Increases Quarterly Dividend to $1.14 per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Huntington Ingalls Industries (HII) has announced a quarterly cash dividend of $1.14 per share, marking an increase of $0.11 from the previous dividend of $1.03. This dividend is set to be paid on December 11, 2020, to shareholders on record as of November 27, 2020. HII is the largest military shipbuilding company in the U.S., employing over 42,000 individuals across various divisions.

Positive
  • Increase in quarterly cash dividend from $1.03 to $1.14 per share, reflecting company confidence.
  • Healthy dividend payout, attracting income-focused investors.
Negative
  • None.

NEWPORT NEWS, Va., Nov. 03, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share, an $0.11 increase over the $1.03 per share dividend paid in each of the prior four quarters. The $1.14 per share dividend will be payable on Dec. 11, 2020, to shareholders of record as of the close of business on Nov. 27, 2020.

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division supports national security missions around the globe with unmanned systems, defense and federal solutions, and nuclear and environmental services. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit:

Contact:

Jerri Fuller Dickseski (Media)
jerri.dickseski@hii-co.com 
757-380-2341

Dwayne Blake (Investors)
dwayne.blake@hii-co.com 
757-380-2104

FAQ

What is the latest dividend announced by Huntington Ingalls Industries (HII)?

Huntington Ingalls Industries announced a quarterly cash dividend of $1.14 per share.

When will the dividend for HII be paid?

The dividend will be paid on December 11, 2020.

What was the previous dividend amount for HII?

The previous dividend amount was $1.03 per share.

Who is eligible to receive the HII dividend?

Shareholders of record as of November 27, 2020, are eligible to receive the dividend.

Huntington Ingalls Industries, Inc.

NYSE:HII

HII Rankings

HII Latest News

HII Stock Data

7.55B
39.43M
0.61%
93.53%
2.51%
Aerospace & Defense
Ship & Boat Building & Repairing
Link
United States of America
NEWPORT NEWS