General Dynamics Dividend and Recent Developments: Key Insights Before Ex-Dividend Date Jul 3, 2025

General Dynamics (GD) announced a dividend of $1.500 per share, significantly higher than the average of the past ten dividends, which stood at $0.783. The dividend announcement was made on Jun 4, 2025, with an ex-dividend date on Jul 3, 2025, and the payment scheduled for Aug 8, 2025. This marks the second consecutive dividend of $1.500 per share, following the last payout on May 9, 2025. Both dividends are categorized as cash dividends.

Recently, General Dynamics has been actively involved in several noteworthy developments. Over the past week, the company secured a $1.85 billion contract modification for the Virginia-class Block VI submarines from the U.S. Navy. This substantial contract highlights GD's continued strength in marine systems and its pivotal role in submarine production.

As of late, GD's business unit, General Dynamics Information Technology, announced receiving a $580 million task order to enhance U.S. Army Base security. This task order underscores GD's commitment to advancing global force protection systems and bolstering national security infrastructure.

Additionally, General Dynamics Electric Boat was awarded a $987 million contract modification for long lead time material and construction costs related to submarine production. These recent contract awards reflect GD's robust operational capabilities and its strategic positioning in the defense sector.

In conclusion, General Dynamics is making significant strides with these recent contracts, reinforcing its status as a leading entity in the aerospace and defense industry. Investors should note that Jul 3, 2025, is the ex-dividend date, marking the last opportunity to buy GD's stock for eligibility to receive the upcoming dividend. Any purchases made after this date will not qualify for the dividend payout scheduled for Aug 8, 2025.