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GENERAL DYNAMICS BOARD DECLARES DIVIDEND, AUTHORIZES SHARE REPURCHASES

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ProfitScout   Thursday, 12/06/18 10:05:25 AM
Re: ProfitScout post# 280
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GENERAL DYNAMICS BOARD DECLARES DIVIDEND, AUTHORIZES SHARE REPURCHASES

FALLS CHURCH, Va., Dec. 6, 2018 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) on December 5 declared a regular quarterly dividend of 93 cents per share on the company's common stock, payable February 8, 2019, to shareholders of record on January 18, 2019.

The board also provided management with the authority to repurchase an additional 10 million shares of the company's issued and outstanding common stock. As of November 30, 2018, there were approximately 2.1 million shares still available for purchase under the prior authorization.

Headquartered in Falls Church, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR solutions; and shipbuilding and ship repair.

More information is available at http://www.generaldynamics.com.

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