General Dynamics's most recent quarterly dividend was on Oct 6, 2022 (ex-date) with a cash dividend payment of $1.26 per share. On an annualized basis, the company has a current payout of $4.97 per share. This brings the dividend yield to 1.98% based on its recent close price.
General Dynamics's dividend yield of 1.98% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.45%, General Dynamics's dividend yield is 37% higher. The current dividend yield is lower than the historical average of 2.3% of the last 5 years.
General Dynamics has been paying dividends since 1991. GD has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. But since the stock price has gone up by 30% from a year ago, the dividend yield has decreased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 6, 2022 | Nov 10, 2022 | Aug 3, 2022 | $1.26 | normal |
| Jun 30, 2022 | Aug 5, 2022 | Jun 1, 2022 | $1.26 | normal |
| Apr 7, 2022 | May 6, 2022 | Mar 2, 2022 | $1.26 | normal |
| Jan 13, 2022 | Feb 4, 2022 | Dec 1, 2021 | $1.19 | normal |
| Oct 7, 2021 | Nov 12, 2021 | Aug 4, 2021 | $1.19 | normal |
| Jul 1, 2021 | Aug 6, 2021 | Jun 2, 2021 | $1.19 | normal |
| Apr 8, 2021 | May 7, 2021 | Mar 3, 2021 | $1.19 | normal |
| Jan 14, 2021 | Feb 5, 2021 | Dec 2, 2020 | $1.1 | normal |
| Oct 8, 2020 | Nov 13, 2020 | Aug 5, 2020 | $1.1 | normal |
| Jul 1, 2020 | Aug 7, 2020 | Jun 3, 2020 | $1.1 | normal |
| Apr 8, 2020 | May 8, 2020 | Mar 4, 2020 | $1.1 | normal |
| Jan 16, 2020 | Feb 7, 2020 | Dec 4, 2019 | $1.02 | normal |
| Oct 10, 2019 | Nov 15, 2019 | Aug 7, 2019 | $1.02 | normal |
| Jul 3, 2019 | Aug 9, 2019 | Jun 5, 2019 | $1.02 | normal |
| Apr 11, 2019 | May 10, 2019 | Mar 6, 2019 | $1.02 | normal |
| Jan 17, 2019 | Feb 8, 2019 | Dec 5, 2018 | $0.93 | normal |
| Oct 4, 2018 | Nov 9, 2018 | Aug 1, 2018 | $0.93 | normal |
| Jul 5, 2018 | Aug 10, 2018 | Jun 6, 2018 | $0.93 | normal |
| Apr 12, 2018 | May 11, 2018 | Mar 7, 2018 | $0.93 | normal |
| Jan 18, 2018 | Feb 9, 2018 | Dec 6, 2017 | $0.84 | normal |
| Oct 5, 2017 | Nov 10, 2017 | Aug 2, 2017 | $0.84 | normal |
| Jul 5, 2017 | Aug 11, 2017 | Jun 7, 2017 | $0.84 | normal |
| Apr 5, 2017 | May 5, 2017 | Mar 1, 2017 | $0.84 | normal |
| Jan 18, 2017 | Feb 10, 2017 | Dec 7, 2016 | $0.76 | normal |
| Oct 5, 2016 | Nov 10, 2016 | Aug 3, 2016 | $0.76 | normal |
| Jun 29, 2016 | Aug 5, 2016 | Jun 1, 2016 | $0.76 | normal |
| Apr 6, 2016 | May 6, 2016 | Mar 2, 2016 | $0.76 | normal |
| Jan 13, 2016 | Feb 5, 2016 | Dec 2, 2015 | $0.69 | normal |
| Oct 7, 2015 | Nov 13, 2015 | Aug 5, 2015 | $0.69 | normal |
General Dynamics's payout ratio of 41.1% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 26.7%, General Dynamics's payout ratio is 54% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LMT Lockheed Martin Corp | 2.32% | $11.2 | 51.3% |
| GD General Dynamics Corp | 1.98% | $4.97 | 41.1% |
| NOC Northrop Grumman Corp | 1.29% | $6.76 | 19.2% |
| TXT Textron Inc | 0.45% | $0.31 | 7.9% |
Yes, General Dynamics has paid four dividends in the last twelve months. GD has been paying dividends since 1991.
GD hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in January 2023.
General Dynamics's last regular dividend was on Oct 6, 2022 (ex-date) with the amount of $1.26 per share.
GD has paid dividend of $4.97 per share in the last year.
Currently General Dynamics's dividend yield is 1.98%.
General Dynamics pays four dividends per year.
The dividend payout ratio of General Dynamics is 41.1%.
General Dynamics's dividend yield is higher than the Industrials sector average.