General Dynamics Corporation (GD) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
GD Dividend Income Check
Safety
37.8% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 4.1% and trend is rising.
GD Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
GD Income Growth Story
Dividend per share and yield on cost over time (49 years of payments)
GD Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
General Dynamics Corporation distributes 37.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 25.4%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
GD has raised its dividend for 12 consecutive years, with a 3-year CAGR of 6.0% and 5-year CAGR of 6.5%.
Total Shareholder Returns
Beyond cash dividends, GD returns capital through share repurchases. The combined picture: 1.7% dividend yield, 0.7% buyback yield, 2.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.1% and is currently rising. The 5-year total return is 94.3%, with dividends contributing 14.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,430 today.
GD Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 10, 2026Latest | $1.5900 | ↑ +6.0% | 1.82% | May 8, 2026 |
| Jan 16, 2026 | $1.5000 | — | 1.63% | Feb 6, 2026 |
| Oct 10, 2025 | $1.5000 | — | 1.78% | Nov 14, 2025 |
| Jul 3, 2025 | $1.5000 | — | 1.98% | Aug 8, 2025 |
| Apr 11, 2025 | $1.5000 | ↑ +5.6% | 2.08% | May 9, 2025 |
| Jan 17, 2025 | $1.4200 | — | 2.13% | Feb 7, 2025 |
| Oct 11, 2024 | $1.4200 | — | 1.86% | Nov 15, 2024 |
| Jul 5, 2024 | $1.4200 | — | 1.95% | Aug 9, 2024 |
GD Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd | $93.9B | 1.7% | 37.8% | 12 | Sustainable |
1st | $118.5B | 2.6% | 62.4% | 23 | Watch |
| $238.0B | 1.5% | 53.1% | 4 | Sustainable | |
| $79.4B | 1.6% | 30.9% | 22 | Sustainable | |
| $181.3B | 0.2% | — | 0 | Unknown | |
| $56.4B | 1.6% | 56.2% | 6 | Sustainable | |
2nd | $12.6B | 1.7% | 35.2% | 13 | Sustainable |
| $16.2B | 0.1% | 2.1% | 2 | Sustainable | |
| $17.0B | 1.2% | 14.5% | 5 | Sustainable |
GD Annual Dividend History (1970–2026)
49 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.09 | — | 2 | — | — | — | 2.1% |
| 2025 | $5.92 | 6.1% | 4 | $15.46 | 38.3% | 2.61x | 4.1% |
| 2024 | $5.58 | 6.9% | 4 | $13.63 | 40.9% | 2.44x | 3.8% |
| 2023 | $5.22 | 5.0% | 4 | $12.02 | 43.4% | 2.30x | 3.6% |
| 2022 | $4.97 | 6.4% | 4 | $12.19 | 40.8% | 2.45x | 3.4% |
| 2021 | $4.67 | 8.1% | 4 | $11.55 | 40.4% | 2.47x | 3.2% |
| 2020 | $4.32 | 8.3% | 4 | $11.00 | 39.3% | 2.55x | 3.0% |
| 2019 | $3.99 | 9.9% | 4 | $11.98 | 33.3% | 3.00x | 2.7% |
| 2018 | $3.63 | 10.7% | 4 | $11.18 | 32.5% | 3.08x | 2.5% |
| 2017 | $3.28 | 10.4% | 4 | $9.56 | 34.3% | 2.91x | 2.2% |
Full GD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See GD's True Return
Price is only half the story. See total return with reinvested dividends.
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View ValuationCompare GD vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonGD — Frequently Asked Questions
Quick answers to the most common questions about buying GD stock.
How much dividend does GD pay per share?
General Dynamics Corporation (GD) pays a trailing 12-month dividend of $5.82 per share, with a current dividend yield of +1.7%. Payments are made Semi-Annual.
When is GD's next ex-dividend date?
GD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GD typically pays dividends Semi-Annual.
Is GD's dividend safe?
GD's dividend safety is rated "Sustainable" based on an earnings payout ratio of +37.8% and FCF payout ratio of +25.4%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is GD a Dividend Achiever?
Yes, General Dynamics Corporation is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +6.5%, demonstrating above-inflation dividend growth.
How often does GD pay dividends?
General Dynamics Corporation pays dividends Semi-Annual. The trailing 12-month total is $5.82 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in GD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GD five years ago would be worth approximately $19,433 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GD's yield on cost for long-term holders?
GD's yield on cost — the current dividend divided by the original purchase price — is +4.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.7% market yield, thanks to consistent dividend growth.