Huntington Ingalls Declares 2.2% Dividend Increase to $1.41

Huntington Ingalls Industries (HII) raised its quarterly dividend 2.2% to $1.41 per share when its board declared the new payout Oct. 21.

The new rate is $0.03 above the previous $1.38 dividend, which was paid in each of the prior four quarters. Shareholders listed as of the close of business Nov. 27 are scheduled to receive the payment Dec. 11.

The company’s work includes maritime platforms operated with and without crews, along with technology for missions across multiple domains. The company has 45,000 employees across three divisions.