General Dynamics Corporation (GD) Dividend Payout Ratio: 38.30%
Is General Dynamics Corporation’s dividend payout ratio high or low?
General Dynamics Corporation's dividend payout ratio of 38.30% is in line with its 5-year average of 41.32%, around the middle of its 5-year range (30.98%–53.22%).
As of Tuesday, June 16, 2026. 1.41% below its 12-month average of 38.85%.
Dividend Payout Ratio (38.30%) = TTM Dividends/Share ($6.09) / TTM EPS ($15.90)
GD Dividend Payout Ratio Chart
GD Average Dividend Payout Ratio Chart
GD Current vs Average Dividend Payout Ratio Chart
GD Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
38.30%
DIVIDEND PAYOUT RATIO AVG TTM
38.85%
DIVIDEND PAYOUT RATIO AVG 3Y
41.52%
DIVIDEND PAYOUT RATIO AVG 5Y
41.35%
DIVIDEND PAYOUT RATIO AVG 10Y
38.21%
DIVIDEND PAYOUT RATIO AVG 15Y
36.18%
DIVIDEND PAYOUT RATIO AVG 20Y
32.77%
CURRENT VS TTM AVG
-1.41%
CURRENT VS 3Y AVG
-7.77%
CURRENT VS 5Y AVG
-7.37%
CURRENT VS 10Y AVG
+0.24%
CURRENT VS 15Y AVG
+5.86%
CURRENT VS 20Y AVG
+16.87%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $15.64 | $5.92 | 37.9% |
| 2024 | $13.81 | $5.58 | 40.4% |
| 2023 | $12.14 | $5.22 | 43.0% |
| 2022 | $12.31 | $4.97 | 40.4% |
| 2021 | $11.61 | $4.67 | 40.2% |
| 2020 | $11.04 | $4.32 | 39.1% |
| 2019 | $12.09 | $3.99 | 33.0% |
| 2018 | $11.33 | $3.63 | 32.0% |
| 2017 | $9.73 | $3.28 | 33.7% |
| 2016 | $8.44 | $2.97 | 35.2% |
| 2015 | $9.23 | $2.69 | 29.1% |
| 2014 | $7.56 | $2.42 | 32.0% |
| 2013 | $6.72 | $1.68 | 25.0% |
| 2012 | ($0.94) | $2.51 | N/A (Loss) |
| 2011 | $6.94 | $1.83 | 26.4% |
| 2010 | $6.88 | $1.64 | 23.8% |
| 2009 | $6.21 | $1.49 | 24.0% |
| 2008 | $6.21 | $1.34 | 21.6% |
| 2007 | $5.12 | $1.10 | 21.5% |
| 2006 | $4.60 | $0.89 | 19.3% |
| 2005 | $3.64 | $0.78 | 21.4% |
| 2004 | $3.08 | $0.70 | 22.7% |
| 2003 | $2.54 | $0.63 | 24.8% |
| 2002 | $2.28 | $0.59 | 25.9% |
| 2001 | $2.35 | $0.55 | 23.4% |
| 2000 | $2.26 | $0.51 | 22.6% |
| 1999 | $2.20 | $0.47 | 21.4% |
| 1998 | $1.48 | $0.43 | 29.2% |
| 1997 | $1.40 | $0.41 | 29.3% |
| 1996 | $1.07 | $0.40 | 37.5% |
General Dynamics Corporation Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
General Dynamics Corporation Dividend Payout Ratio FAQ
- What is the dividend payout ratio for General Dynamics Corporation (GD)?
- The dividend payout ratio for GD stock is 38.30%.
- Is General Dynamics Corporation's dividend payout ratio high or low?
- General Dynamics Corporation's dividend payout ratio of 38.30% is in line with its 5-year average of 41.32%, around the middle of its 5-year range (30.98%–53.22%).
- What is the TTM average dividend payout ratio for General Dynamics Corporation (GD)?
- The TTM average dividend payout ratio for GD stock is 38.85%.
- What is the 3Y average dividend payout ratio for General Dynamics Corporation (GD)?
- The 3Y average dividend payout ratio for GD stock is 41.52%.
- What is the 5Y average dividend payout ratio for General Dynamics Corporation (GD)?
- The 5Y average dividend payout ratio for GD stock is 41.35%.
- What is the 10Y average dividend payout ratio for General Dynamics Corporation (GD)?
- The 10Y average dividend payout ratio for GD stock is 38.21%.
- What is the 15Y average dividend payout ratio for General Dynamics Corporation (GD)?
- The 15Y average dividend payout ratio for GD stock is 36.18%.
- What is the 20Y average dividend payout ratio for General Dynamics Corporation (GD)?
- The 20Y average dividend payout ratio for GD stock is 32.77%.
General Dynamics Corporation Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-15 | 38.30% |
| 2026-06-11 | 38.30% |
| 2026-06-09 | 38.30% |
| 2026-06-05 | 38.30% |
| 2026-06-03 | 38.31% |
| 2026-06-01 | 38.30% |
| 2026-05-28 | 38.31% |
| 2026-05-26 | 38.31% |
| 2026-05-21 | 38.30% |
| 2026-05-19 | 38.30% |
| 2026-05-15 | 38.31% |
| 2026-05-13 | 38.30% |
| 2026-05-11 | 38.31% |
| 2026-05-07 | 38.30% |
| 2026-05-05 | 38.30% |
| 2026-05-01 | 38.30% |
| 2026-04-29 | 38.30% |
| 2026-04-27 | 39.40% |
| 2026-04-23 | 39.40% |
| 2026-04-21 | 39.40% |
| 2026-04-17 | 39.39% |
| 2026-04-15 | 39.39% |
| 2026-04-13 | 39.39% |
| 2026-04-09 | 38.80% |
| 2026-04-07 | 38.81% |
| 2026-04-02 | 38.81% |
| 2026-03-31 | 38.81% |
| 2026-03-27 | 38.81% |
| 2026-03-25 | 38.81% |
| 2026-03-23 | 38.81% |
| 2026-03-19 | 38.82% |
| 2026-03-17 | 38.82% |
| 2026-03-13 | 38.81% |
| 2026-03-11 | 38.81% |
| 2026-03-09 | 38.80% |
| 2026-03-05 | 38.81% |
| 2026-03-03 | 38.81% |
| 2026-02-27 | 38.82% |
| 2026-02-25 | 38.82% |
| 2026-02-23 | 38.80% |
| 2026-02-19 | 38.81% |
| 2026-02-17 | 38.82% |
| 2026-02-12 | 38.81% |
| 2026-02-10 | 38.81% |
| 2026-02-06 | 38.81% |
| 2026-02-04 | 38.81% |
| 2026-02-02 | 38.80% |
| 2026-01-29 | 38.87% |
| 2026-01-27 | 38.85% |
| 2026-01-23 | 38.86% |
| 2026-01-21 | 38.87% |
| 2026-01-16 | 48.05% |
| 2026-01-14 | 38.33% |
| 2026-01-12 | 38.35% |
| 2026-01-08 | 38.34% |
| 2026-01-06 | 38.34% |
| 2026-01-02 | 38.34% |
| 2025-12-30 | 38.35% |
| 2025-12-26 | 38.34% |
| 2025-12-23 | 38.34% |
| 2025-12-19 | 38.34% |
| 2025-12-17 | 38.35% |
| 2025-12-15 | 38.35% |
| 2025-12-11 | 38.35% |
| 2025-12-09 | 38.34% |
| 2025-12-05 | 38.35% |
| 2025-12-03 | 38.35% |
| 2025-12-01 | 38.35% |
| 2025-11-26 | 38.34% |
| 2025-11-24 | 38.34% |
| 2025-11-20 | 38.33% |
| 2025-11-18 | 38.33% |
| 2025-11-14 | 38.35% |
| 2025-11-12 | 38.34% |
| 2025-11-10 | 38.35% |
| 2025-11-06 | 38.34% |
| 2025-11-04 | 38.35% |
| 2025-10-31 | 38.35% |
| 2025-10-29 | 38.35% |
| 2025-10-27 | 38.34% |
| 2025-10-23 | 39.73% |
| 2025-10-21 | 39.74% |
| 2025-10-17 | 39.72% |
| 2025-10-15 | 39.72% |
| 2025-10-13 | 39.73% |
| 2025-10-09 | 39.19% |
| 2025-10-07 | 39.20% |
| 2025-10-03 | 39.19% |
| 2025-10-01 | 39.20% |
| 2025-09-29 | 39.19% |
| 2025-09-25 | 39.19% |
| 2025-09-23 | 39.19% |
| 2025-09-19 | 39.19% |
| 2025-09-17 | 39.19% |
| 2025-09-15 | 39.19% |
| 2025-09-11 | 39.19% |
| 2025-09-09 | 39.20% |
| 2025-09-05 | 39.20% |
| 2025-09-03 | 39.20% |
| 2025-08-29 | 39.19% |
| 2025-08-27 | 39.19% |
| 2025-08-25 | 39.20% |
| 2025-08-21 | 39.19% |
| 2025-08-19 | 39.19% |
| 2025-08-15 | 39.19% |
| 2025-08-13 | 39.20% |
| 2025-08-11 | 39.20% |
| 2025-08-07 | 39.20% |
| 2025-08-05 | 39.20% |
| 2025-08-01 | 39.20% |
| 2025-07-30 | 39.19% |
| 2025-07-28 | 39.19% |
| 2025-07-24 | 39.19% |
| 2025-07-22 | 40.50% |
| 2025-07-18 | 40.49% |
| 2025-07-16 | 40.49% |
| 2025-07-14 | 40.50% |
| 2025-07-10 | 40.50% |
| 2025-07-08 | 40.50% |
| 2025-07-03 | 50.34% |
| 2025-07-01 | 39.94% |
| 2025-06-27 | 39.94% |
| 2025-06-25 | 39.95% |
| 2025-06-23 | 39.95% |
| 2025-06-18 | 39.95% |
| 2025-06-16 | 39.95% |
| 2025-06-12 | 39.94% |
| 2025-06-10 | 39.95% |
| 2025-06-06 | 39.94% |
| 2025-06-04 | 39.94% |
| 2025-06-02 | 39.94% |
| 2025-05-29 | 39.93% |
| 2025-05-27 | 39.94% |
| 2025-05-22 | 39.94% |
| 2025-05-20 | 39.95% |
| 2025-05-16 | 39.95% |
| 2025-05-14 | 39.94% |
| 2025-05-12 | 39.95% |
| 2025-05-08 | 39.94% |
| 2025-05-06 | 39.95% |
| 2025-05-02 | 39.94% |
| 2025-04-30 | 39.94% |
| 2025-04-28 | 39.95% |
| 2025-04-24 | 39.94% |
| 2025-04-22 | 42.24% |
| 2025-04-17 | 42.23% |
| 2025-04-15 | 42.23% |
| 2025-04-11 | 42.22% |
| 2025-04-09 | 41.65% |
| 2025-04-07 | 41.65% |
| 2025-04-03 | 41.65% |
| 2025-04-01 | 41.65% |
| 2025-03-28 | 41.65% |
| 2025-03-26 | 41.63% |
| 2025-03-24 | 41.64% |
| 2025-03-20 | 41.64% |
| 2025-03-18 | 41.64% |
| 2025-03-14 | 41.64% |
| 2025-03-12 | 41.64% |
| 2025-03-10 | 41.65% |
| 2025-03-06 | 41.65% |
| 2025-03-04 | 41.65% |
| 2025-02-28 | 41.64% |
| 2025-02-26 | 41.64% |
| 2025-02-24 | 41.63% |
| 2025-02-20 | 41.64% |
| 2025-02-18 | 41.65% |
| 2025-02-13 | 41.65% |
| 2025-02-11 | 41.64% |
| 2025-02-07 | 41.64% |
| 2025-02-05 | 43.25% |
| 2025-02-03 | 43.25% |
| 2025-01-30 | 43.26% |
| 2025-01-28 | 43.26% |
| 2025-01-24 | 43.26% |
| 2025-01-22 | 43.27% |
| 2025-01-17 | 43.26% |
| 2025-01-15 | 42.51% |
| 2025-01-13 | 42.49% |
| 2025-01-08 | 42.49% |
| 2025-01-06 | 42.50% |
| 2025-01-02 | 42.50% |
| 2024-12-30 | 42.50% |
| 2024-12-26 | 42.50% |
| 2024-12-23 | 42.50% |
| 2024-12-19 | 42.49% |
| 2024-12-17 | 42.50% |
| 2024-12-13 | 42.50% |
| 2024-12-11 | 42.51% |
| 2024-12-09 | 42.50% |
| 2024-12-05 | 42.51% |
| 2024-12-03 | 42.50% |
| 2024-11-29 | 42.50% |
| 2024-11-26 | 42.50% |
| 2024-11-22 | 42.49% |
| 2024-11-20 | 42.50% |
| 2024-11-18 | 42.49% |
| 2024-11-14 | 42.50% |
| 2024-11-12 | 42.50% |
| 2024-11-08 | 42.50% |
| 2024-11-06 | 42.49% |
| 2024-11-04 | 42.50% |
| 2024-10-31 | 42.50% |
| 2024-10-29 | 42.49% |
| 2024-10-25 | 42.50% |
| 2024-10-23 | 42.49% |
| 2024-10-21 | 43.52% |
| 2024-10-17 | 43.52% |
| 2024-10-15 | 43.53% |
| 2024-10-11 | 43.53% |
| 2024-10-09 | 32.45% |
| 2024-10-07 | 32.45% |
| 2024-10-03 | 42.74% |
| 2024-10-01 | 42.75% |
| 2024-09-27 | 42.74% |
| 2024-09-25 | 42.74% |
| 2024-09-23 | 42.74% |
| 2024-09-19 | 42.75% |
| 2024-09-17 | 42.74% |
| 2024-09-13 | 42.75% |
| 2024-09-11 | 42.75% |
| 2024-09-09 | 42.74% |
| 2024-09-05 | 42.75% |
| 2024-09-03 | 42.74% |
| 2024-08-29 | 42.74% |
| 2024-08-27 | 42.75% |
| 2024-08-23 | 42.74% |
| 2024-08-21 | 42.75% |
| 2024-08-19 | 42.75% |
| 2024-08-15 | 42.75% |
| 2024-08-13 | 42.74% |
| 2024-08-09 | 42.74% |
| 2024-08-07 | 42.75% |
| 2024-08-05 | 42.74% |
| 2024-08-01 | 42.75% |
| 2024-07-30 | 42.75% |
| 2024-07-26 | 42.74% |
| 2024-07-24 | 42.76% |
| 2024-07-22 | 44.69% |
| 2024-07-18 | 44.70% |
| 2024-07-16 | 44.69% |
| 2024-07-12 | 44.71% |
| 2024-07-10 | 44.69% |
| 2024-07-08 | 44.70% |
| 2024-07-03 | 43.89% |
| 2024-07-01 | 43.88% |
| 2024-06-27 | 43.89% |
| 2024-06-25 | 43.87% |
| 2024-06-21 | 43.89% |
| 2024-06-18 | 43.89% |
| 2024-06-14 | 43.88% |
| 2024-06-12 | 43.89% |
| 2024-06-10 | 43.89% |
| 2024-06-06 | 43.88% |
| 2024-06-04 | 43.88% |
| 2024-05-31 | 43.88% |
| 2024-05-29 | 43.89% |
| 2024-05-24 | 43.88% |
| 2024-05-22 | 43.89% |
| 2024-05-20 | 43.89% |
Showing the most recent 260 of 2,390 data points. The chart above shows the full history.
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Phebe N. Novakovic