General Dynamics stock falls 1.25 percent as dividend date nears
Published on 10/07/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
General Dynamics (ISIN US3695501086) was trading at USD 327.19 on the NYSE on October 7, 2026 at 10:20 a.m. ET, down 1.25 percent. The next dated shareholder event is the October 9 ex-dividend date for the company's USD 1.59 quarterly payment, which is scheduled for November 13, 2026, according to MarketBeat on October 7, 2026.
Dividend date sets the checkpoint
The USD 1.59 distribution equals USD 6.36 on an annualized basis and carries a 1.9 percent yield, while the reported payout ratio is 38.8 percent, MarketBeat reported. The October 9 date matters because shareholders must be on record by that date to receive the November 13 payment.
Q2 results raised the bar
In Q2 2026, General Dynamics reported diluted EPS of USD 4.24 against a USD 3.96 consensus estimate, while revenue reached USD 14.09 billion, up 8.1 percent from the year-ago quarter, according to MarketBeat. Net income was USD 1.16 billion, giving the company a stronger earnings base ahead of its next reported quarter.
General Dynamics also ended Q2 2026 with a USD 136.5 billion backlog, up 32 percent from a year earlier, according to Simply Wall St. That backlog gives Marine Systems, Combat Systems, Aerospace and Technologies a material base of contracted work, but execution and delivery timing remain central to converting orders into revenue.
Consensus stays above the quote
Nineteen research firms give General Dynamics a Moderate Buy consensus, with an average 12-month price target of USD 410.84, according to MarketBeat on October 7, 2026. That target lies 25.6 percent above the USD 327.19 trading price, placing the analyst view well above the current market level rather than treating the dividend alone as the main valuation signal.
General Dynamics stock stays below its yearly high
General Dynamics stock was trading at USD 327.19 on the NYSE on October 7, 2026 at 10:20 a.m. ET, 18.2 percent below its 52-week high of USD 400.00 and above its 52-week low of USD 306.77.
General Dynamics stock at a glance
- Company: General Dynamics Corporation
- ISIN: US3695501086
- Ticker: GD
- Trading venue: NYSE
- Price (as of October 7, 2026, 10:20 a.m. ET): USD 327.19
- Market capitalization: USD 88.5 billion (as of October 7, 2026)
- 52-week range: USD 306.77-400.00 (as of October 7, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500
Upcoming dates for General Dynamics stock
- October 9, 2026: Ex-dividend date
- November 13, 2026: Dividend payment date
