SmarterDividends
GD

General Dynamics Corporation

GD34 yrs growth

Industrials · Aerospace & Defense · Stock · quarterly payer

$370.82

Overvalued · -23% Add to Portfolio

Forward Yield

1.79%

Annual Dividend

$6.36

Payout Ratio

38%

5-Yr Growth

6.5%

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about GD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, General Dynamics Corporation (GD) has a forward dividend yield of 1.79%, based on an annual dividend of $6.36 per share and a share price of $370.82.
  • As of Oct 30, 2026, GD's dividend safety grade from SmarterDividends is A (99 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, General Dynamics Corporation (GD) has raised its dividend for 34 consecutive years as of Oct 30, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
  • GD has never cut its regular dividend in the payment history SmarterDividends has on record.
  • GD's most recent ex-dividend date was Oct 9, 2026, for a dividend of $1.59 per share.
  • As of Oct 30, 2026, GD pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
  • GD's dividend has grown at an average rate of 6.5% a year over the past five years.
  • As of Oct 30, 2026, GD's 1.79% yield is 17% below its five-year average yield of 2.16%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for GD is $285.90 per share, 23% below the $370.82 share price, so GD screens as overvalued.
  • General Dynamics Corporation (GD) pays its dividend quarterly, 4 times a year.
  • General Dynamics Corporation (GD) has raised its regular dividend 36 times and cut it 0 times across the 196 payments on record since 1970. Its most recent change was a 6.0% increase to $1.59 per share, going ex-dividend on Apr 10, 2026.
  • General Dynamics (GD) has declared its first higher dividend of the year in March in 5 of the last 5 years; its most recent raise, 6.0%, was declared on Mar 4, 2026.
Cite this page

SmarterDividends, "GD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/GD

Summary

As of Oct 30, 2026, General Dynamics Corporation (GD) yields 1.79% ($6.36 a year per share), has a dividend safety grade of A (99/100) and has 34 consecutive years of dividend increases on record.

Is GD a good dividend stock?

Yes

General Dynamics Corporation (GD) pays a quarterly dividend yielding 1.79% ($6.36/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 34 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (38%)
  • Strong 6.5% 5-yr dividend growth
  • 97% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.79%
Payout Ratio
38%
Annual Dividend
$6.36
5-Yr Avg Growth
6.5%
Ex-Dividend Date
Oct 9, 2026
Years of Growth
34
Frequency
quarterly
Beta
0.33
Market Cap
$100.3B
P/E Ratio
22.6
5-Yr Total Return
97%
52-Week Range
$306.77 – $400.00
Dividend Safety
A · 99/100
Ever Cut?
No

GD dividend raises and cuts

General Dynamics Corporation (GD) has raised its regular dividend 36 times and cut it 0 times across the 196 payments on record since 1970. Its most recent change was a 6.0% increase to $1.59 per share, going ex-dividend on Apr 10, 2026.

Ex-dateChangeOld → newMove
Apr 10, 2026Raise$1.50 → $1.59+6.0%
Apr 11, 2025Raise$1.42 → $1.50+5.6%
Apr 11, 2024Raise$1.32 → $1.42+7.6%
Apr 13, 2023Raise$1.26 → $1.32+4.8%
Apr 7, 2022Raise$1.19 → $1.26+5.9%
Apr 8, 2021Raise$1.10 → $1.19+8.2%
Apr 8, 2020Raise$1.02 → $1.10+7.8%
Apr 11, 2019Raise$0.930 → $1.02+9.7%
Apr 12, 2018Raise$0.840 → $0.930+10.7%
Apr 5, 2017Raise$0.760 → $0.840+10.5%
Apr 6, 2016Raise$0.690 → $0.760+10.1%
Apr 8, 2015Raise$0.620 → $0.690+11.3%
Show all 36 changes since 1980
Ex-dateChangeOld → newMove
Apr 9, 2014Raise$0.560 → $0.620+10.7%
Apr 10, 2013Raise$0.510 → $0.560+9.8%
Apr 11, 2012Raise$0.470 → $0.510+8.5%
Apr 6, 2011Raise$0.420 → $0.470+11.9%
Apr 7, 2010Raise$0.380 → $0.420+10.5%
Apr 7, 2009Raise$0.350 → $0.380+8.6%
Apr 9, 2008Raise$0.290 → $0.350+20.7%
Apr 11, 2007Raise$0.230 → $0.290+26.1%
Apr 5, 2006Raise$0.200 → $0.230+15.0%
Apr 5, 2005Raise$0.180 → $0.200+11.1%
Apr 6, 2004Raise$0.160 → $0.180+12.5%
Apr 9, 2003Raise$0.150 → $0.160+6.7%
Apr 10, 2002Raise$0.140 → $0.150+7.1%
Apr 10, 2001Raise$0.130 → $0.140+7.7%
Apr 5, 2000Raise$0.120 → $0.130+8.3%
Apr 7, 1999Raise$0.110 → $0.120+9.1%
Apr 7, 1998Raise$0.103 → $0.110+7.3%
Apr 10, 1996Raise$0.0938 → $0.103+9.3%
Apr 10, 1995Raise$0.0875 → $0.0938+7.1%
Apr 11, 1994Raise$0.0750 → $0.0875+16.7%
Oct 8, 1993Raise$0.0500 → $0.0750+50.0%
Apr 10, 1992Raise$0.0313 → $0.0500+60.0%
Apr 12, 1983Raise$0.0225 → $0.0313+38.9%
Oct 10, 1980Raise$0.0188 → $0.0225+20.0%
Every GD payment →Download every raise and cut (CSV)
GD ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →GD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GD a good dividend stock?

Yes. General Dynamics Corporation (GD) pays a quarterly dividend yielding 1.79% ($6.36/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is GD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GD's fair value is about $285.90 versus a $370.82 share price — so it looks overvalued (-23% vs. fair value).

Is GD's dividend safe?

GD has a dividend-safety grade of A (99/100), based on its payout coverage, free-cash-flow, 34-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is GD's fair value?

Our blended fair-value estimate for GD is about $285.90 per share, about 23% below the current $370.82 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GD a buy, hold, or sell?

We don't issue formal ratings, but on the data GD screens as "yes" and overvalued. General Dynamics Corporation (GD) pays a quarterly dividend yielding 1.79% ($6.36/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will GD cut its dividend?

GD earns a dividend-safety grade of A (99/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GD pay a dividend?

Yes. General Dynamics Corporation pays a quarterly dividend of about $6.36 per share annually, a forward yield of roughly 1.79%.

What is GD's dividend yield?

As of Oct 30, 2026, GD's forward dividend yield is 1.79%, based on a $6.36 annual dividend and a $370.82 share price.

What is GD's dividend per share?

As of Oct 30, 2026, GD pays $6.36 per share per year, distributed on a quarterly basis.

What is GD's dividend payout ratio?

As of Oct 30, 2026, GD's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has GD grown its dividend?

As of Oct 30, 2026, GD has increased its dividend for 34 consecutive years.

When is the next GD ex-dividend date?

As of Oct 30, 2026, GD's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $1.59 per share.

Income Calculator

At $6.36 / yr per share

Per payment (quarterly)$159.00
Annual$636.00
Monthly avg$53.00

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