By Robb M. Stewart
General Dynamics Corp. boosted its quarterly dividend 8.2% to $1.19 a share.
The aerospace and defense company said the payout marks the 24th consecutive annual dividend increase authorized by its board.
The dividend will be payable May 7 to shareholders of record on April 9, it said.
In afternoon trading, General Dynamics shares were up 0.7% at $168.89, and ahead by 13% in 2021.
Write to Robb M. Stewart at firstname.lastname@example.org
(END) Dow Jones Newswires
March 03, 2021 13:53 ET (18:53 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.