President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms address his complaints about the industry.
Trump, in a lengthy Truth Social post, also took aim at defense contractors’ executive pay packages, calling them “exorbitant and unjustifiable given how slowly these Companies are delivering vital Equipment to our Military, and our Allies.”
Shares of General Dynamics, Lockheed Martin and Northrop Grumman each fell about 2% following Trump’s comments.
Source: [https://www.cnbc.com/2026/01/07/trump-dividends-stock-buybacks-defense-companies.html](https://www.cnbc.com/2026/01/07/trump-dividends-stock-buybacks-defense-companies.html)