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GENERAL DYNAMICS INCREASES REGULAR QUARTERLY DIVIDEND TO 40 CENTS PER SHARE FROM 25 CENTS PER SHARE

 GENERAL DYNAMICS INCREASES REGULAR QUARTERLY DIVIDEND
 TO 40 CENTS PER SHARE FROM 25 CENTS PER SHARE
 FALLS CHURCH, Va., March 11 /PRNewswire/ -- The board of directors of General Dynamics Corporation (NYSE: GD) today declared an increased regular quarterly dividend of 40 cents per share, up from 25 cents per share, on the company's common stock, payable on May 15, 1992, to shareholders of record on April 16, 1992.
 Chairman and Chief Executive Officer William A. Anders said: "Increased operating efficiency, careful management of working capital, and debt reduction are producing strong and sustainable cash flows from our operations. This improved performance has been reflected in a significantly improved General Dynamics stock price. Therefore, a substantial increase in our regular dividend is appropriate, and provides our shareholders an ongoing yield that is in keeping with the realities of our marketplace."
 Anders indicated that, in addition to increasing the regular dividend, the company's board of directors is continuing to review the most appropriate alternatives for returning cash in excess of the company's financial and core defense investment needs to shareholders.
 -0- 3/11/92 R
 /CONTACT: Alvin A. Spivak of General Dynamics, 703-876-3190/
 (GD) CO: General Dynamics ST: Virginia IN: ARO SU: DIV


DS -- DC017 -- 7463 03/11/92 16:26 EST
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Publication:PR Newswire
Date:Mar 11, 1992
Words:210
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