PHOTO RELEASE--Stephen R. Wilson Joins Huntington Ingalls Industries Board of Directors

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Huntington Ingalls Industries (HII) Raises Qtr. Dividend 25% to $0.50; Adds $600M to Buyback Plan

October 30, 2015 9:32 AM EDT

Huntington Ingalls Industries (NYSE: HII) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 25% increase from the prior dividend of $0.40.

The dividend will be payable on December 11, 2015, to stockholders of record on November 27, 2015, with an ex-dividend date of November 24,... More

Huntington Ingalls Industries (HII) Hikes Buyback Authorization; Cowen Raises Price Target to $126

October 30, 2015 8:51 AM EDT

Cowen reiterated a Market Perform rating on Huntington Ingalls (NYSE: HII), and raised the price target to $126.00 (from $117.00), ahead of the company's 3Q earnings results. HII raised its dividend by 25%, implying a 1.8% div. yield, and upsized its buyback authorization by $600MM. This leaves $849MM... More