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General Dynamics Board OKs $1.26 Dividend for Shareholders

General Dynamics‘ (NYSE: GD) board of directors has approved a quarterly cash dividend of $1.26 on the company’s common stock.

The aerospace and defense company said Wednesday it will give the dividend on Aug. 5 to holders of the common stock as of July 1.

Reston, Virginia-based General Dynamics posted flat revenue of $9.4 billion for the first quarter of its 2022 fiscal year and $730 million in profit, up 3.1 percent from the same period a year ago.

Shareholders received $330 million in total dividend payments from the company during the quarter.

Financial Reports

L3Harris Board Approves $3B Stock Repurchase, $1.12 Dividend

L3Harris Technologies‘ (NYSE: LHX) board of directors has approved a plan to repurchase another $3.0 billion of its common stock. The Melbourne, Florida-based defense technology supplier said Friday the additional stock re-acquisition will bring total buyback authorization for L3Harris to approximately $4.5 billion. Stockholders of record as of Nov. 18 will receive a quarterly cash

Financial Reports

Raytheon to Pay Shareholders 55-Cent Quarterly Dividend

Shareowners in Raytheon Technologies (NYSE: RTX) will receive a quarterly dividend of 55 cents from the company on Sept. 8. Raytheon said Monday its board of directors approved the payment to stockholders of record as of Aug. 19, 2022. The aerospace and defense contractor expects to return $20 billion of capital to shareholders in the

Financial Reports