General Dynamics Corporation (GD) Declares Quarterly Dividend of $1.59 Per Share

General Dynamics Corporation (NYSE:GD) is among the 10 Best Aerospace Dividend Stocks to Buy. On March 9, the defense contractor announced that its Board of Directors had approved a quarterly dividend of $1.59 per share on common stock.

The payment is scheduled for May 8 to all stockholders on record as of April 10. The amount marks a 9-cent increase from the last dividend declared in December 2025. The company is a dividend aristocrat due to its consistent dividend growth over the decades. As of the close on March 9, the stock has a dividend yield of 1.66%.

In other news, General Dynamics Corporation (NYSE:GD) continues to remain on analysts’ radar and currently sports a Moderate Buy rating with an annual share price upside potential of 10% from Monday’s close.

Jirat Teparaksa/Shutterstock.com

Recent updates include BofA reiterating a Buy rating on the stock with a $400 price target on February 23. Earlier in the month, on February 1, Jefferies raised its price target to $385 from $360, while keeping a Hold rating.

Both rating updates followed the company’s Q4 results declared in late January, where it beat estimates for both revenue and earnings. However, its 2026 EPS forecast fell shy of Wall Street’s expectations.

General Dynamics Corporation (NYSE:GD) is a leading global aerospace and defense company, operating through its Aerospace, Marine Systems, Combat Systems, and Technologies segments.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.