General Dynamics Corp

NYSE : GD

USA·Industrials·Aerospace & Defense·Ordinary Shares

$344.23

+2.82 (+0.72%)Oct 16 close

Market Cap

$93.08B

Enterprise Value

$98.22B

P/E (TTM)

21.00

P/B

3.47

Net Cash / (Debt)

−$5.15B

52-Week Range

$313 — $396

5-Year Range

$189 — $396

Avg Volume (3M)

1.17M

ListingsNYSE STU MEX LTS

Dividend Yield (TTM)

1.82%

vs 5Y avg 2.01% · 10Y avg 2.08%

Dividend Yield (Forward)

1.85%

4 payments/yr (spacing)

Dividends / Share (TTM)

$6.27

Forward (annualized): $6.36

Payout Ratio (EPS, TTM)

37.7%

Payout Ratio (FCF, TTM)

26.2%

Dividend CAGR (3Y / 5Y / 10Y)

3Y6.0%5Y6.5%10Y8.2%

Consecutive Growth Years

as of 2025

Years Without a Cut

as of 2025

Total Shareholder Yield (TTM)

1.83%

Div 1.53% + Net buyback 0.30%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)

1.8%

Dividends 1.5% + Net buybacks 0.3%

Net Buyback (TTM)

$319M

Gross $319M − Issuance $0

SBC (TTM)

$214M

Share-based compensation, dilution driver

Net share-count change % / yr

Annual dividend growth

Dividend growth is steady (6.1% latest vs 6.1% 3-yr avg).

Year	DPS (regular sum, USD)	Change	Hikes
2025	5.92	+6.1%	1
2024	5.58	+6.9%	1
2023	5.22	+5.0%	1
2022	4.97	+6.4%	1
2021	4.67	+8.1%	1
2020	4.32	+8.3%	1
2019	3.99	+9.9%	1
2018	3.63	+10.7%	1
2017	3.28	+10.4%	1
2016	2.97	+10.4%	1
2015	2.69	+11.2%	1
2014	2.42	+44.0%	1
2013	1.68	-33.1%	1
2012	2.51	+37.2%	1
2011	1.83	+11.6%	1

Special dividends are excluded from these figures. Based on 164 regular payments.

Payment history (167 payments · 3 special)

		As declared	Δ%	Type	Frequency	Declaration	Record	Pay date
2026-10-09	$1.59	–	0.0%	Cash	quarterly	2026-08-05	2026-10-09	2026-11-13
2026-07-02	$1.59	–	0.0%	Cash	quarterly	2026-06-03	2026-07-02	2026-08-07
2026-04-10	$1.59	–	+6.0%	Cash	quarterly	2026-03-09	2026-04-10	2026-05-08
2026-01-16	$1.5	–	0.0%	Cash	quarterly	2025-12-03	2026-01-16	2026-02-06
2025-10-10	$1.5	–	0.0%	Cash	quarterly	2025-08-06	2025-10-10	2025-11-14
2025-07-03	$1.5	–	0.0%	Cash	quarterly	2025-06-04	2025-07-03	2025-08-08
2025-04-11	$1.5	–	+5.6%	Cash	quarterly	2025-03-05	2025-04-11	2025-05-09
2025-01-17	$1.42	–	0.0%	Cash	quarterly	2024-12-04	2025-01-17	2025-02-07
2024-10-11	$1.42	–	0.0%	Cash	quarterly	2024-08-07	2024-10-11	2024-11-15
2024-07-05	$1.42	–	0.0%	Cash	quarterly	2024-06-05	2024-07-05	2024-08-09
2024-04-11	$1.42	–	+7.6%	Cash	quarterly	2024-03-06	2024-04-12	2024-05-10
2024-01-18	$1.32	–	0.0%	Cash	quarterly	2023-12-06	2024-01-19	2024-02-09
2023-10-05	$1.32	–	0.0%	Cash	quarterly	2023-08-01	2023-10-06	2023-11-10
2023-07-06	$1.32	–	0.0%	Cash	quarterly	2023-06-07	2023-07-07	2023-08-11
2023-04-13	$1.32	–	+4.8%	Cash	quarterly	2023-03-08	2023-04-14	2023-05-12
2023-01-19	$1.26	–	0.0%	Cash	quarterly	2022-12-07	2023-01-20	2023-02-10
2022-10-06	$1.26	–	0.0%	Cash	quarterly	2022-08-03	2022-10-07	2022-11-10
2022-06-30	$1.26	–	0.0%	Cash	quarterly	2022-06-01	2022-07-01	2022-08-05
2022-04-07	$1.26	–	+5.9%	Cash	quarterly	2022-03-02	2022-04-08	2022-05-06
2022-01-13	$1.19	–	0.0%	Cash	quarterly	2021-12-01	2022-01-14	2022-02-04
2021-10-07	$1.19	–	0.0%	Cash	quarterly	2021-08-04	2021-10-08	2021-11-12
2021-07-01	$1.19	–	0.0%	Cash	quarterly	2021-06-02	2021-07-02	2021-08-06
2021-04-08	$1.19	–	+8.2%	Cash	quarterly	2021-03-03	2021-04-09	2021-05-07
2021-01-14	$1.1	–	0.0%	Cash	quarterly	2020-12-02	2021-01-15	2021-02-05
2020-10-08	$1.1	–	0.0%	Cash	quarterly	2020-08-05	2020-10-09	2020-11-13
2020-07-01	$1.1	–	0.0%	Cash	quarterly	2020-06-03	2020-07-03	2020-08-07
2020-04-08	$1.1	–	+7.8%	Cash	quarterly	2020-03-04	2020-04-10	2020-05-08
2020-01-16	$1.02	–	0.0%	Cash	quarterly	2019-12-04	2020-01-17	2020-02-07
2019-10-10	$1.02	–	0.0%	Cash	quarterly	2019-08-07	2019-10-11	2019-11-15
2019-07-03	$1.02	–	0.0%	Cash	quarterly	2019-06-05	2019-07-05	2019-08-09
2019-04-11	$1.02	–	+9.7%	Cash	quarterly	2019-03-06	2019-04-12	2019-05-10
2019-01-17	$0.93	–	0.0%	Cash	quarterly	2018-12-06	2019-01-18	2019-02-08
2018-10-04	$0.93	–	0.0%	Cash	quarterly	2018-08-01	2018-10-05	2018-11-09
2018-07-05	$0.93	–	0.0%	Cash	quarterly	2018-06-06	2018-07-06	2018-08-10
2018-04-12	$0.93	–	+10.7%	Cash	quarterly	2018-03-08	2018-04-13	2018-05-11
2018-01-18	$0.84	–	0.0%	Cash	quarterly	2017-12-06	2018-01-19	2018-02-09
2017-10-05	$0.84	–	0.0%	Cash	quarterly	2017-07-02	2017-10-06	2017-11-10
2017-07-05	$0.84	–	0.0%	Cash	quarterly	2017-06-07	2017-07-07	2017-08-11
2017-04-05	$0.84	–	+10.5%	Cash	quarterly	2017-03-01	2017-04-07	2017-05-05
2017-01-18	$0.76	–	0.0%	Cash	quarterly	2016-12-07	2017-01-20	2017-02-10
2016-10-05	$0.76	–	0.0%	Cash	quarterly	2016-08-03	2016-10-07	2016-11-10
2016-06-29	$0.76	–	0.0%	Cash	quarterly	2016-06-01	2016-07-01	2016-08-05
2016-04-06	$0.76	–	+10.1%	Cash	quarterly	2016-03-02	2016-04-08	2016-05-06
2016-01-13	$0.69	–	0.0%	Cash	quarterly	2015-12-02	2016-01-15	2016-02-05
2015-10-07	$0.69	–	0.0%	Cash	quarterly	2015-09-18	2015-10-09	2015-11-13
2015-06-30	$0.69	–	0.0%	Cash	quarterly	2015-06-03	2015-07-03	2015-08-07
2015-04-08	$0.69	–	+11.3%	Cash	quarterly	2015-03-04	2015-04-10	2015-05-08
2015-01-14	$0.62	–	0.0%	Cash	quarterly	2014-12-03	2015-01-16	2015-02-06
2014-10-08	$0.62	–	0.0%	Cash	quarterly	2014-08-06	2014-10-10	2014-11-14
2014-07-01	$0.62	–	0.0%	Cash	quarterly	2014-06-04	2014-07-03	2014-08-08
2014-04-09	$0.62	–	+10.7%	Cash	quarterly	2014-03-05	2014-04-11	2014-05-09
2014-01-15	$0.56	–	0.0%	Cash	quarterly	2013-12-05	2014-01-17	2014-02-07
2013-10-09	$0.56	–	0.0%	Cash	quarterly	2013-08-07	2013-10-11	2013-11-15
2013-07-02	$0.56	–	0.0%	Cash	quarterly	2013-06-05	2013-07-05	2013-08-09
2013-04-10	$0.56	–	+9.8%	Cash	quarterly	2013-03-06	2013-04-12	2013-05-10
2012-12-14	$0.51	–	0.0%	Cash	quarterly	2012-12-05	2012-12-18	2012-12-26
2012-10-03	$0.51	–	0.0%	Cash	quarterly	2012-08-03	2012-10-05	2012-11-09
2012-07-03	$0.51	–	0.0%	Cash	quarterly	2012-06-08	2012-07-06	2012-08-10
2012-04-11	$0.51	–	+8.5%	Cash	quarterly	2012-03-08	2012-04-13	2012-05-11
2012-01-18	$0.47	–	0.0%	Cash	quarterly	2011-12-08	2012-01-20	2012-02-10
2011-10-05	$0.47	–	0.0%	Cash	quarterly	2011-08-04	2011-10-07	2011-11-10
2011-06-29	$0.47	–	0.0%	Cash	quarterly	2011-06-02	2011-07-01	2011-08-05
2011-04-06	$0.47	–	+11.9%	Cash	quarterly	2011-03-03	2011-04-08	2011-05-06
2011-01-12	$0.42	–	0.0%	Cash	quarterly	2010-12-02	2011-01-14	2011-02-04
2010-10-06	$0.42	–	0.0%	Cash	quarterly	2010-08-05	2010-10-08	2010-11-12
2010-06-30	$0.42	–	0.0%	Cash	quarterly	2010-06-03	2010-07-02	2010-08-06
2010-04-07	$0.42	–	+10.5%	Cash	quarterly	2010-03-04	2010-04-09	2010-05-07
2010-01-13	$0.38	–	0.0%	Cash	quarterly	2009-12-03	2010-01-15	2010-02-05
2009-10-07	$0.38	–	0.0%	Cash	quarterly	2009-08-06	2009-10-09	2009-11-13
2009-06-30	$0.38	–	0.0%	Cash	quarterly	2009-06-04	2009-07-02	2009-08-07
2009-04-07	$0.38	–	+8.6%	Cash	quarterly	2009-03-05	2009-04-10	2009-05-08
2009-01-14	$0.35	–	0.0%	Cash	quarterly	2008-12-04	2009-01-16	2009-02-06
2008-10-08	$0.35	–	0.0%	Cash	quarterly	2008-08-07	2008-10-10	2008-11-14
2008-07-01	$0.35	–	0.0%	Cash	quarterly	2008-06-05	2008-07-03	2008-08-08
2008-04-09	$0.35	–	+20.7%	Cash	quarterly	2008-03-05	2008-04-11	2008-05-09
2008-01-16	$0.29	–	0.0%	Cash	quarterly	2007-12-05	2008-01-18	2008-02-08
2007-10-03	$0.29	–	0.0%	Cash	quarterly	2007-08-01	2007-10-05	2007-11-09
2007-07-03	$0.29	–	0.0%	Cash	quarterly	2007-06-06	2007-07-06	2007-08-10
2007-04-11	$0.29	–	+26.1%	Cash	quarterly	2007-03-07	2007-04-13	2007-05-11
2007-01-17	$0.23	–	0.0%	Cash	quarterly	2006-12-06	2007-01-19	2007-02-09
2006-10-04	$0.23	–	0.0%	Cash	quarterly	2006-08-02	2006-10-06	2006-11-10
2006-07-05	$0.23	–	0.0%	Cash	quarterly	2006-06-07	2006-07-07	2006-08-11
2006-04-05	$0.23	–	+15.0%	Cash	quarterly	2006-03-01	2006-04-07	2006-05-05
2006-01-18	$0.2	$0.4	0.0%	Cash	quarterly	2005-12-07	2006-01-20	2006-02-10
2005-10-05	$0.2	$0.4	0.0%	Cash	quarterly	2005-08-03	2005-10-07	2005-11-10
2005-06-29	$0.2	$0.4	0.0%	Cash	quarterly	2005-06-03	2005-07-01	2005-08-05
2005-04-05	$0.2	$0.4	+11.1%	Cash	quarterly	2005-03-02	2005-04-07	2005-05-06
2005-01-12	$0.18	$0.36	0.0%	Cash	quarterly	2004-12-01	2005-01-14	2005-02-04
2004-10-06	$0.18	$0.36	0.0%	Cash	quarterly	2004-08-04	2004-10-08	2004-11-12
2004-06-30	$0.18	$0.36	0.0%	Cash	quarterly	2004-05-21	2004-07-02	2004-08-06
2004-04-06	$0.18	$0.36	+12.5%	Cash	quarterly	2004-03-08	2004-04-08	2004-05-07
2004-01-14	$0.16	$0.32	0.0%	Cash	quarterly	2003-12-03	2004-01-16	2004-02-06
2003-10-08	$0.16	$0.32	0.0%	Cash	quarterly	2003-08-06	2003-10-10	2003-11-14
2003-07-02	$0.16	$0.32	0.0%	Cash	quarterly	2003-06-04	2003-07-07	2003-08-08
2003-04-09	$0.16	$0.32	+6.7%	Cash	quarterly	2003-03-05	2003-04-11	2003-05-09
2003-01-15	$0.15	$0.3	0.0%	Cash	quarterly	2002-12-04	2003-01-17	2003-02-07
2002-10-09	$0.15	$0.3	0.0%	Cash	quarterly	2002-08-07	2002-10-11	2002-11-15
2002-07-02	$0.15	$0.3	0.0%	Cash	quarterly	2002-06-05	2002-07-05	2002-08-02
2002-04-10	$0.15	$0.3	+7.1%	Cash	quarterly	2002-03-06	2002-04-12	2002-05-10
2002-01-16	$0.14	$0.28	0.0%	Cash	quarterly	2001-12-05	2002-01-18	2002-02-08
2001-10-03	$0.14	$0.28	0.0%	Cash	quarterly	2001-08-01	2001-10-05	2001-11-09
2001-07-11	$0.14	$0.28	0.0%	Cash	quarterly	2001-06-06	2001-07-13	2001-08-10
2001-04-10	$0.14	$0.28	+7.7%	Cash	quarterly	2001-03-07	2001-04-13	2001-05-11
2001-01-17	$0.13	$0.26	0.0%	Cash	quarterly	2000-12-06	2001-01-19	2001-02-09
2000-10-04	$0.13	$0.26	0.0%	Cash	quarterly	2000-08-02	2000-10-06	2000-11-10
2000-07-12	$0.13	$0.26	0.0%	Cash	quarterly	2000-05-03	2000-07-14	2000-08-11
2000-04-05	$0.13	$0.26	+8.3%	Cash	quarterly	2000-03-01	2000-04-07	2000-05-05
2000-01-12	$0.12	$0.24	0.0%	Cash	quarterly	1999-12-01	2000-01-14	2000-02-11
1999-10-06	$0.12	$0.24	0.0%	Cash	quarterly	1999-08-04	1999-10-08	1999-11-12
1999-07-14	$0.12	$0.24	0.0%	Cash	quarterly	1999-06-04	1999-07-16	1999-08-13
1999-04-07	$0.12	$0.24	+9.1%	Cash	quarterly	1999-03-03	1999-04-09	1999-05-07
1999-01-13	$0.11	$0.22	0.0%	Cash	quarterly	1998-12-02	1999-01-15	1999-02-12
1998-10-07	$0.11	$0.22	0.0%	Cash	quarterly	1998-08-05	1998-10-09	1998-11-13
1998-07-15	$0.11	$0.22	0.0%	Cash	quarterly	1998-05-06	1998-07-17	1998-08-14
1998-04-07	$0.11	$0.22	+7.3%	Cash	quarterly	1998-03-06	1998-04-09	1998-05-08
1998-01-14	$0.1025	$0.41	0.0%	Cash	quarterly	1997-12-12	1998-01-16	1998-02-13
1997-10-08	$0.1025	$0.41	0.0%	Cash	quarterly	1997-08-06	1997-10-10	1997-11-14
1997-07-16	$0.1025	$0.41	0.0%	Cash	quarterly	1997-05-07	1997-07-18	1997-08-15
1997-04-09	$0.1025	$0.41	0.0%	Cash	quarterly	1997-03-05	1997-04-11	1997-05-09
1997-01-22	$0.1025	$0.41	0.0%	Cash	quarterly	1996-12-12	1997-01-24	1997-02-14
1996-10-09	$0.1025	$0.41	0.0%	Cash	quarterly	1996-08-07	1996-10-11	1996-11-15
1996-07-10	$0.1025	$0.41	0.0%	Cash	quarterly	1996-05-01	1996-07-12	1996-08-09
1996-04-10	$0.1025	$0.41	+9.3%	Cash	quarterly	1996-03-06	1996-04-12	1996-05-10
1996-01-17	$0.0938	$0.3752	0.0%	Cash	quarterly	1995-12-12	1996-01-19	1996-02-09
1995-10-11	$0.0938	$0.3752	0.0%	Cash	quarterly	1995-08-02	1995-10-13	1995-11-10
1995-07-12	$0.0938	$0.3752	0.0%	Cash	quarterly	1995-05-03	1995-07-14	1995-08-11
1995-04-10	$0.0938	$0.3752	+7.2%	Cash	quarterly	1995-03-08	1995-04-17	1995-05-12
1995-01-09	$0.0875	$0.35	0.0%	Cash	quarterly	1994-11-02	1995-01-13	1995-02-10
1994-10-07	$0.0875	$0.35	0.0%	Cash	quarterly	1994-08-03	1994-10-14	1994-11-10
1994-07-11	$0.0875	$0.35	+100.0%	Cash	quarterly	1994-06-01	1994-07-15	1994-08-12
1994-04-11	$0.0438	$0.35	-41.7%	Cash	quarterly	1994-03-04	1994-04-15	1994-05-13
1994-01-10	$0.075	$0.6	0.0%	Cash	quarterly	1993-12-02	1994-01-14	1994-02-11
1993-10-08	$0.075	$0.6	+50.0%	Cash	quarterly	1993-09-15	1993-10-15	1993-11-12
1993-09-22	$1.5	$12	–	Special (cash)	—	1993-09-15	1993-09-28	1993-10-12
1993-07-12	$0.05	$0.4	0.0%	Cash	quarterly	1993-06-02	1993-07-16	1993-08-13
1993-06-15	$0.2317	$1.85	–	Special (cash)	—	1993-06-02	1993-06-21	1993-07-12
1993-04-12	$0.05	$0.4854	0.0%	Cash	quarterly	1993-03-01	1993-04-16	1993-05-14
1993-03-30	$2.5	$24.27	–	Special (cash)	—	1993-03-18	1993-04-05	1993-04-22
1993-01-11	$0.05	$0.5618	0.0%	Cash	quarterly	1992-12-03	1993-01-15	1993-02-12
1992-10-09	$0.05	$0.5618	0.0%	Cash	quarterly	1992-09-16	1992-10-16	1992-11-20
1992-06-29	$0.05	$0.5618	0.0%	Cash	quarterly	1992-06-08	1992-07-06	1992-08-03
1992-04-10	$0.05	$0.5618	+59.7%	Cash	quarterly	1992-03-11	1992-04-16	1992-05-15
1992-01-13	$0.0313	$0.3517	0.0%	Cash	quarterly	1991-12-10	1992-01-17	1992-02-14
1991-10-11	$0.0313	$0.3517	0.0%	Cash	quarterly	1991-09-11	1991-10-18	1991-11-15
1991-07-15	$0.0313	$0.3517	0.0%	Cash	quarterly	1991-06-03	1991-07-19	1991-08-16
1991-04-15	$0.0313	$0.3517	0.0%	Cash	quarterly	1991-03-06	1991-04-19	1991-05-17
1991-01-14	$0.0313	$0.3517	0.0%	Cash	quarterly	1990-12-05	1991-01-18	1991-02-15
1990-10-10	$0.0313	$0.3517	0.0%	Cash	quarterly	1990-09-12	1990-10-16	1990-11-16
1990-07-11	$0.0313	$0.3517	0.0%	Cash	quarterly	1990-06-06	1990-07-17	1990-08-17
1990-04-11	$0.0313	$0.3517	0.0%	Cash	quarterly	1990-03-07	1990-04-18	1990-05-18
1990-01-09	$0.0313	$0.3517	0.0%	Cash	quarterly	1989-12-06	1990-01-16	1990-02-16
1989-10-11	$0.0313	$0.3517	0.0%	Cash	quarterly	1989-09-13	1989-10-17	1989-11-17
1989-07-12	$0.0313	$0.3517	0.0%	Cash	quarterly	1989-06-07	1989-07-18	1989-08-18
1989-04-13	$0.0313	$0.3517	0.0%	Cash	quarterly	1989-03-01	1989-04-19	1989-05-19
1989-01-10	$0.0313	$0.3517	0.0%	Cash	quarterly	1988-12-07	1989-01-17	1989-02-17
1988-10-12	$0.0313	$0.3517	0.0%	Cash	quarterly	1988-10-05	1988-10-18	1988-11-18
1988-07-13	$0.0313	$0.3517	0.0%	Cash	quarterly	1988-06-02	1988-07-19	1988-08-19
1988-04-14	$0.0313	$0.3517	0.0%	Cash	quarterly	1988-03-02	1988-04-20	1988-05-20
1988-01-12	$0.0313	$0.3517	0.0%	Cash	quarterly	1987-12-02	1988-01-19	1988-02-19
1987-10-09	$0.0313	$0.3517	0.0%	Cash	quarterly	1987-10-01	1987-10-16	1987-11-16
1987-07-13	$0.0313	$0.3517	0.0%	Cash	quarterly	1987-06-01	1987-07-17	1987-08-14
1987-04-13	$0.0313	$0.3517	0.0%	Cash	quarterly	1987-04-02	1987-04-20	1987-05-15
1987-01-12	$0.0313	$0.3517	0.0%	Cash	quarterly	1987-01-08	1987-01-19	1987-02-17
1986-10-08	$0.0313	$0.3517	0.0%	Cash	quarterly	1986-10-02	1986-10-15	1986-11-17
1986-07-14	$0.0313	$0.3517	0.0%	Cash	quarterly	1986-06-05	1986-07-18	1986-08-15
1986-04-14	$0.0313	$0.3517	0.0%	Cash	quarterly	1986-04-03	1986-04-18	1986-05-15
1986-01-14	$0.0313	$0.3517	–	Cash	quarterly	1986-01-09	1986-01-21	1986-02-14

Splits (7)

Date	Ratio	Cumulative
1979-02-20	5:2	×56.1848 to today
1980-11-17	2:1	×22.4739 to today
1993-03-30	1.16:1	×11.237 to today
1993-06-15	1.21:1	×9.7088 to today
1994-04-12	2:1	×8 to today
1998-04-03	2:1	×4 to today
2006-03-27	2:1	×2 to today