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General Dynamics Corporation (GD)
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GD Dividends

General Dynamics Corporation (GD) pays $6.09 in dividends per share, with a current dividend yield of 1.69%. The company has dividend history for 32 consecutive years.

GD Dividend Summary

Consecutive Years

32

Next Ex-Dividend Date

Jul 2, 2026

Next Payment Date

Aug 7, 2026

GD Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

GD Dividends CAGR Chart

General Dynamics Corporation (GD)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$4.68
2025$5.92+6.09%
2024$5.58+6.90%
2023$5.22+5.03%
2022$4.97+6.42%
2021$4.67+8.10%
2020$4.32+8.27%
2019$3.99+9.92%
2018$3.63+10.67%
2017$3.28+10.44%
2016$2.97+10.41%
2015$2.69+11.16%
2014$2.42N/A
2013$1.68N/A
2012$2.51N/A
2011$1.83+11.59%
2010$1.64+10.07%
2009$1.49+11.19%
2008$1.34+21.82%
2007$1.10+23.60%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q3 2026$1.59+6.00%
Q2 2026$1.59+6.00%
Q1 2026$1.50+5.63%
Q4 2025$1.50+5.63%
Q3 2025$1.50+5.63%
Q2 2025$1.50+5.63%
Q1 2025$1.42+7.58%
Q4 2024$1.42+7.58%
Q3 2024$1.42+7.58%
Q2 2024$1.42+7.58%
Q1 2024$1.32+4.76%
Q4 2023$1.32+4.76%
Q3 2023$1.32
Q2 2023$1.32
Q1 2023$1.26+5.88%
Q4 2022$1.26+5.88%
Q2 2022$2.52
Q1 2022$1.19+8.18%
Q4 2021$1.19+8.18%
Q3 2021$1.19+8.18%
Q2 2021$1.19+8.18%
Q1 2021$1.10+7.84%
Q4 2020$1.10+7.84%
Q3 2020$1.10+7.84%

Dividend Yield Metrics

Current Yield
1.69%
Average Yield (TTM)
1.69%
Average Yield (3Y)
1.55%
Forward Yield on Cost (3Y)
2.15%
Forward Yield on Cost (5Y)
2.52%
Forward Yield on Cost (10Y)
3.73%

Payout Ratio Analysis

Payout Ratio (Current)
38.30%
FCF Payout Ratio
26.51%
Payout Ratio (3Y Avg)
40.42%
Payout Ratio (5Y Avg)
40.37%
FCF Payout (3Y Avg)
42.09%
FCF Payout (5Y Avg)
40.89%

Dividend Coverage

Payout Ratio
38.3%
Dividends / net income
FCF Payout Ratio
26.5%
Dividends / free cash flow
Consecutive Years
32 years
Years with regular dividend payments
5Y Dividend Growth
6.5%
Compound annual dividend growth

About General Dynamics Corporation

General Dynamics Corporation is a global leader in the aerospace and defense industry, with its operations structured across four key divisions: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment focuses on the design, production, and sale of business jets, alongside offering a full suite of aviation services including aircraft maintenance, repair, management, charter services, and ground support. Marine Systems specializes in shipbuilding for the U.S. Navy, constructing nuclear-powered submarines, surface warships, and auxiliary vessels. This division also builds various commercial ships, such as tankers and cargo carriers. Furthermore, it provides extensive maintenance, modernization, and lifecycle support, along with engineering and design services for both naval and commercial fleets. Combat Systems is dedicated to creating land-based defense solutions, manufacturing a diverse range of products including wheeled and tracked combat vehicles (like the Stryker and Piranha), main battle tanks, armored vehicles, weapon systems, munitions, and mobile bridge systems. This segment also delivers modernization programs, engineering expertise, and ongoing sustainment services. The Technologies division offers sophisticated information technology and mission support services, catering primarily to military, intelligence, and federal civilian clients. Its offerings span mobile communication, computing, command-and-control systems, and intelligence, surveillance, and reconnaissance (ISR) capabilities. Additionally, this segment is deeply involved in cutting-edge areas such as cloud computing, artificial intelligence, machine learning, big data analytics, DevOps, software-defined networks, "everything-as-a-service" models, defense enterprise office systems, and the assembly of unmanned undersea vehicles. Established in 1899, General Dynamics Corporation is headquartered in Reston, Virginia.

Reston, VA
110,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Phebe N. Novakovic