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General Dynamics Board Increases Dividend 26 Percent

General Dynamics : 08 March, 2007  (New Product)
The board of directors of General Dynamics today declared a regular quarterly dividend of 29 cents per share on the company's common stock, payable May 11, 2007, to shareholders of record April 13, 2007. The dividend represents a 26 percent increase from the previous quarterly dividend of 23 cents per share.
Nicholas D. Chabraja, General Dynamics chairman and chief executive officer, said, 'This is the tenth consecutive annual increase in the company's regular quarterly dividend, providing further evidence of General Dynamics' continuing commitment to generating the greatest potential value for our shareholders.'
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