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General Dynamics Corporation (GD) logo

General Dynamics Corporation

Dividend AristocratS&P 500
GD|Industrials|Aerospace & Defense|$346.53|P/E 21.9|MCap 93.7B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

84/ 100Very Safe

GD's dividend appears very safe. Strengths include a 38.3% earnings payout ratio & 26.0% fcf payout ratio. Areas of concern: 15.9% gross margin. As a Dividend Aristocrat with 25+ consecutive years of increases, GD has a proven commitment to shareholders.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 38.3%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 26.0%Free cash flow comfortably covers the dividend.
  • Interest Coverage: 13.7xEarnings cover interest payments many times over.

Risks

  • Gross Margin: 15.9%Gross margin is low and limits flexibility.

Payout & Coverage

Very Safe
Earnings Payout Ratio
38.3%Very Safe
FCF Payout Ratio
26.0%Very Safe
CFO Payout Ratio
31.1%Safe
Interest Coverage
13.7xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
13.0%Safe
Current Ratio
1.4xCaution
Debt-to-Equity
37.7Very Safe

Profitability

Safe
Return on Equity
18.0%Safe
Operating Margin
10.5%Caution
Gross Margin
15.9%Warning
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
6.5%Safe
Earnings Stability
GrowingVery Safe

About General Dynamics Corporation

General Dynamics Corporation is a leading aerospace and defense company operating worldwide through four key segments: Aerospace, Marine Systems, Combat Systems, and Technologies. Founded in 1899 and headquartered in Reston, Virginia, it employs approximately 117,000 people and focuses on delivering advanced military and commercial solutions. The Aerospace segment manufactures and sells Gulfstream business jets while providing comprehensive aircraft maintenance, repair, management, and charter services. Marine Systems designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships primarily for the U.S. Navy, along with Jones Act vessels. Combat Systems produces land-based combat vehicles like the M1 Abrams tank and Stryker armored personnel carriers, plus munitions. The Technologies segment offers IT services for government clients and mission systems for command, control, computing, intelligence, surveillance, and reconnaissance. With a market capitalization exceeding $85 billion, General Dynamics plays a pivotal role in national security and global aviation, supporting defense initiatives and high-end business travel markets.

Dividend Overview

Dividend Yield

1.76%

Annual Dividend

$6.09

Frequency

Quarterly

Payout Ratio

38.33%

FCF Payout Ratio

26.04%

Stock Price

$346.53

52-Week Range

$267.39 $369.70

Dividend History (2016–2025)

GD annual dividend per share and yield history

Earnings & Profitability

GD earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 10, 2026

Last Payment Date

May 8, 2026

Dividend Growth

3-Year Dividend CAGR

6.00%

5-Year Dividend CAGR

6.50%

10-Year Dividend CAGR

8.21%

3-Year Total Growth

19.11%

5-Year Total Growth

37.04%

10-Year Total Growth

120.07%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

GD Dividend Calculator

Total Investment

$34,653.00

Annual Income

$609.00

Quarterly Income

$152.25

Monthly Income

$50.75

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Frequently Asked Questions

What is GD's current dividend yield?
General Dynamics Corporation (GD) currently has a dividend yield of 1.76%, based on a stock price of $346.53 and an annual dividend of $6.09.
When is GD's next dividend payment date?
GD's next ex-dividend date is 2026-04-10 and the next payment date is 2026-05-08. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does GD pay in dividends per year?
General Dynamics Corporation paid $5.92 per share in annual dividends in 2025. The dividends are paid quarterly.
Has GD been increasing its dividend?
Yes, General Dynamics Corporation is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 6.50%, a 3-year CAGR of 6.00% and a 10-year CAGR of 8.21%.
Is GD's dividend safe?
General Dynamics Corporation has a payout ratio of 38.33%. Its free cash flow payout ratio is 26.04%. A payout ratio below 60% is generally considered sustainable.
How is GD's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates General Dynamics Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.