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General Dynamics (General Dynamics) Dividend Yield %

: 1.90% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of General Dynamics is 1.90%.

Warning Sign:

General Dynamics Corp stock dividend yield is close to 5-year low.

The historical rank and industry rank for General Dynamics's Dividend Yield % or its related term are showing as below:

GD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.46   Med: 2.1   Max: 3.58
Current: 1.9

During the past 13 years, the highest Dividend Yield of General Dynamics was 3.58%. The lowest was 1.46%. And the median was 2.10%.

GD's Dividend Yield % is ranked better than
71.01% of 138 companies
in the Aerospace & Defense industry
Industry Median: 1.03 vs GD: 1.90

General Dynamics's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.36.

During the past 13 years, the highest Dividend Payout Ratio of General Dynamics was 0.44. The lowest was 0.30. And the median was 0.35.

As of today (2024-04-18), the Forward Dividend Yield % of General Dynamics is 2.00%.

General Dynamics's Dividends per Share for the three months ended in Dec. 2023 was $1.32.

During the past 12 months, General Dynamics's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of General Dynamics was 59.20% per year. The lowest was 5.40% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


General Dynamics Dividend Yield % Historical Data

The historical data trend for General Dynamics's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 2.90 2.24 1.99 2.01

General Dynamics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 2.21 2.37 2.34 2.01

Competitive Comparison

For the Aerospace & Defense subindustry, General Dynamics's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General Dynamics Dividend Yield % Distribution

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where General Dynamics's Dividend Yield % falls into.



General Dynamics Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

General Dynamics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4202024-04-112024-04-122024-05-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.3202024-01-182024-01-192024-02-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.3202023-10-052023-10-062023-11-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.3202023-07-062023-07-072023-08-11Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

General Dynamics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.38/284.46
=1.89 %

Current Share Price is $284.46.
General Dynamics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.38.

General Dynamics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.68/284.46
=2.00 %

Current Share Price is $284.46.
General Dynamics's Dividends per Share for the forward twelve months is calculated as $1.42 * 4 = $5.68.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General Dynamics  (NYSE:GD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


General Dynamics Dividend Yield % Related Terms

Thank you for viewing the detailed overview of General Dynamics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


General Dynamics (General Dynamics) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
Executives
Gregory S Gallopoulos officer: Senior VP, Gen. Counsel, Sec. C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Phebe N Novakovic director, officer: Chairman and CEO
Marguerite Amy Gilliland officer: Senior Vice President 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Charles W Hooper director C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark Malcolm director TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Richard D Clarke director 11011 SUNSET HILLS ROAD, RESTON VA 20190
Mark Lagrand Burns officer: Vice President 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Mark C. Roualet officer: Vice President C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
William A Moss officer: Vice President and Controller 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
James S Crown director 222 N LASALLE STREET, STE 2000, CHICAGO IL 60601
Robert K Steel director 85 BROAD STREET, NEW YORK NY 10004
William A Osborn director 100 NE ADAMS STREET, PEORIA IL 61629
Danny Deep officer: Vice President 11011 SUNSET HILLS ROAD, RESTON VA 20190
John G Stratton director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432

General Dynamics (General Dynamics) Headlines