In the present paper, a consistent power series solution is proposed for dynamic behaviors analysis of circular sandwich plates with functionally graded face sheets/cores, for the first time. The proposed solution is a combination of the finite Taylor’s transform and the fourth-order Runge–Kutta procedure. The extension-bending coupling and the higher-order inertias are considered in the present research. The formulation guarantees continuity of the transverse stress components at the interfaces between layers. Another novelty is proposing a zigzag formulation whose results are corrected on the basis of the dynamic three-dimensional theory of elasticity. An interesting discussion for defining explicit/implicit layerwise shear correction factors is also presented. Furthermore, results reveal that using functionally graded face sheets or cores with transition variations of the material properties may lead to very smooth through-the-thickness stress distributions. Consequently, some of the failure modes may be prevented at the interfaces between the layers.