NOC Northrop Grumman dividend history, payout ratio & dates

Last dividend date: Jun 1, 2026

Dividend yield: 1.82%

Payout ratio: 29.4%

Northrop Grumman's latest cash dividend of $2.47 per share was issued to shareholders on record before Jun 1, 2026. The dividend distribution stands at $9.4 per share annually, which comes to a dividend yield of 1.85%. The latest NOC dividend of $2.47 is an increase from the previous $2.31 payout, representing a growth of 7%.

NOC has a dividend yield of 1.85% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.5%, Northrop Grumman's dividend yield is 23% higher. Historically NOC's dividend yield has averaged at 1.6% in the last 5 years, which is below the current yield.

Northrop Grumman has been paying dividends for the last 36 years. Our records show that NOC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 11% since twelve months ago. And with the price of the stock up by 1.9% from a year ago, the dividend yield has an increase of 8%.

Northrop Grumman Dividend history chart

Payout ratio

NOC has a payout ratio of 29.4% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.7%, Northrop Grumman's payout ratio is 10% lower.

Total amount of dividends paid per financial year (from cash flow)