General Dynamics hikes dividend by nearly 5%

General Dynamics Corp. GD said Wednesday its board hiked the company’s dividend by nearly 5%. The defense contractor said it will pay out a quarterly dividend of $1.32 a share on May 12 to shareholders of record as of April 14, up from its previous quarterly dividend of $1.26 a share. General Dynamics shares were last down about 2% in afternoon trading.

... General Dynamics Corp. GD said Wednesday its board hiked the company’s dividend by nearly 5%. The defense contractor said it will pay out a quarterly dividend of $1.32 a share on May 12 to shareholders of record as of April 14, up from its previous quarterly dividend of $1.26 a share. General Dynamics shares were last down about 2% in afternoon trading.

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