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GD General Dynamics dividend history, payout ratio & dates

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.

Key dates

  • GD last dividend date: Oct 6, 2022
  • GD next dividend date: Not announced
GD dividend stats
DPS
$4.97
Dividend yield
1.98%
Payout ratio
41.1%
vs. Industrials sector
Dividend yield
1.45%
Payout ratio
26.7%

Dividend yield

What is General Dynamics current dividend yield

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.

Dividend history

What is GD dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is General Dynamics dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

GD dividend vs peer dividends

How does GD dividend compare to its peers' dividends
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%

Frequently asked questions

Does General Dynamics pay a dividend?

Yes, General Dynamics has paid four dividends in the last twelve months. GD has been paying dividends since 1991.

When is General Dynamics's next dividend?

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.

When was GD's last dividend?

General Dynamics's last regular dividend was on Oct 6, 2022 (ex-date) with the amount of $1.26 per share.

How much dividend does General Dynamics pay (per share)?

GD has paid dividend of $4.97 per share in the last year.

What is General Dynamics's dividend yield?

Currently General Dynamics's dividend yield is 1.98%.

How often does General Dynamics pay dividends?

General Dynamics pays four dividends per year.

What is General Dynamics's dividend payout ratio?

The dividend payout ratio of General Dynamics is 41.1%.

Does General Dynamics pay a good dividend?

General Dynamics's dividend yield is higher than the Industrials sector average.