GENERAL DYNAMICS CORP (GD) closed fiscal year 2025 with 270 M shares outstanding and a dividend of 5.92 USD per share.
GENERAL DYNAMICS CORP (GD) closed fiscal year 2025 with 270 M shares outstanding and a dividend of 5.92 USD per share. Over the year the share count rose by 49.3 k shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has shrunk by 32.2 %. The dividend per share was 5.92 USD, up 6.1 % year on year. Total dividends paid came to 1,593 M USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 399M | 386M | 372M | 356M | 354M | 353M | 332M | 313M | 302M | 297M | 289M | 290M | 286M | 278M | 274M | 274M | 270M | 270M |
| Shares issued — SBC/options | — | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 912k | 0.00k | 0.00k | 0.00k | 0.00k | 0.00k | 49.3k |
| Shares issued (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.31 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.02 % |
| Shares repurchased | — | -13.0M | -13.7M | -15.6M | -2.76M | -0.27M | -21.2M | -19.2M | -10.6M | -5.52M | -8.20M | 0.00M | -3.13M | -8.86M | -3.21M | -0.81M | -3.26M | 0.00M |
| Shares repurchased (%) | — | -3.38 % | -3.67 % | -4.38 % | -0.78 % | -0.08 % | -6.39 % | -6.13 % | -3.49 % | -1.86 % | -2.84 % | 0.00 % | -1.09 % | -3.19 % | -1.17 % | -0.30 % | -1.21 % | 0.00 % |
| Net addition/reduction | — | -13.0M | -13.7M | -15.6M | -2.76M | -0.27M | -21.2M | -19.2M | -10.6M | -5.52M | -8.20M | 0.91M | -3.13M | -8.86M | -3.21M | -0.81M | -3.26M | 0.05M |
| Net addition/reduction (%) | — | -3.38 % | -3.67 % | -4.38 % | -0.78 % | -0.08 % | -6.39 % | -6.13 % | -3.49 % | -1.86 % | -2.84 % | 0.31 % | -1.09 % | -3.19 % | -1.17 % | -0.30 % | -1.21 % | 0.02 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.34 | 1.49 | 1.64 | 1.83 | 2.51 | 1.68 | 2.42 | 2.69 | 2.97 | 3.28 | 3.63 | 3.99 | 4.32 | 4.67 | 4.97 | 5.22 | 5.58 | 5.92 |
| Payout Ratio (%) | 21.68 % | 24.10 % | 24.05 % | 26.64 % | — | 25.07 % | 32.45 % | 28.75 % | 35.42 % | 33.86 % | 32.14 % | 33.07 % | 39.15 % | 40.37 % | 40.38 % | 43.08 % | 40.43 % | 37.84 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 533M | 577M | 631M | 673M | 893M | 591M | 822M | 873M | 911M | 986M | 1,075M | 1,152M | 1,240M | 1,315M | 1,369M | 1,428M | 1,529M | 1,593M |
| Dividend Yield (%) | 2.40 % | 2.17 % | 2.31 % | 2.77 % | 3.70 % | 1.77 % | 1.71 % | 1.93 % | 1.72 % | 1.61 % | 2.34 % | 2.25 % | 2.90 % | 2.25 % | 2.01 % | 2.02 % | 2.10 % | 1.73 % |
Figures in USD
