We present a study of the dynamic behavior of a two-sublattice spin-5/2 Ising model with bilinear and crystal-field interactions in the presence of a time-dependent oscillating external magnetic field on alternating layers of a hexagonal lattice by using the Glauber-type stochastic dynamics. The lattice is formed by alternate layers of spins sigma = 5/2 and S = 5/2. We employ the Glauber transition rates to construct the mean-field dynamic equations. First, we investigate the time variations of the average sublattice magnetizations to find the phases in the system and then the thermal behavior of the dynamic sublattice magnetizations to characterize the nature (first-or second-order) of the phase transitions and to obtain the dynamic phase transition (DPT) points. We also study the thermal behavior of the dynamic total magnetization to find the dynamic compensation temperature and to determine the type of the dynamic compensation behavior. We present the dynamic phase diagrams, including the dynamic compensation temperatures, in nine different planes. The phase diagrams contain seven different fundamental phases, thirteen different mixed phases, in which the binary and ternary combination of fundamental phases and the compensation temperature or the L-type behavior strongly depend on the interaction parameters.