General Dynamics (GD) will raise its quarterly dividend by 10.7 percent to $0.93 per share in the first quarter of 2018. This marks the 21st consecutive annual dividend increase authorized by the General Dynamics board. The new dividend yield for GD is 1.7%.

General Dynamics Corporation is a global aerospace and defense company. The company offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions; and shipbuilding and ship repair.  The Aerospace segment consists of Gulfstream and Jet Aviation business units. General Dynamics, incorporated in Delaware in 1952, is headquartered in Falls Church, Va.