General Dynamics increases dividend 7.6% to $1.42 per share

The board of directors of General Dynamics declared a regular quarterly dividend of $1.42 per share on the company’s common stock, payable May 10 to shareholders of record on April 12. “This is the 27th consecutive annual dividend increase authorized by the General Dynamics board and represents a 7.6% increase over last year’s dividend,” the company stated.