General Dynamics (GD) recently announced that its board of directors has approved a 7.6% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.42, payable on May 10, 2024, to shareholders of record at the close of business on Apr 12. General Dynamics has been consistently increasing dividends for the past 27 years. The company’s new annualized dividend rate is$5.68 per share, resulting in an annualized dividend yield of 2.08%, based on its share price of $273.03 as of Mar 7, 20 ...