Northrop Grumman's latest quarterly cash dividend of $1.73 per share was issued to shareholders on record before Feb 24, 2023. The dividend distribution stands at $6.92 per share annually, which comes to a dividend yield of 1.5%.
NOC has a dividend yield of 1.5% which is above the Industrials sector average but below the industry average. But compared to its Industrials sector average of 1.49%, Northrop Grumman's dividend yield is only 0.7% higher. Historically NOC's dividend yield has averaged at 1.6% in the last 5 years, which is similar to the current yield.
Northrop Grumman has been paying dividends for the last 31 years. Our records show that NOC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. And with the price of the stock up by 3.4% from a year ago, the dividend yield has an increase of 7%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 24, 2023 | Mar 15, 2023 | Feb 16, 2023 | $1.73 | normal |
Nov 25, 2022 | Dec 14, 2022 | Nov 16, 2022 | $1.73 | normal |
Aug 26, 2022 | Sep 14, 2022 | Aug 17, 2022 | $1.73 | normal |
May 27, 2022 | Jun 15, 2022 | May 17, 2022 | $1.73 | normal |
Feb 25, 2022 | Mar 16, 2022 | Feb 15, 2022 | $1.57 | normal |
Nov 26, 2021 | Dec 15, 2021 | Nov 17, 2021 | $1.57 | normal |
Aug 27, 2021 | Sep 15, 2021 | Aug 11, 2021 | $1.57 | normal |
May 28, 2021 | Jun 16, 2021 | May 18, 2021 | $1.57 | normal |
Feb 26, 2021 | Mar 17, 2021 | Feb 16, 2021 | $1.45 | normal |
Nov 27, 2020 | Dec 16, 2020 | Nov 18, 2020 | $1.45 | normal |
Aug 28, 2020 | Sep 16, 2020 | Aug 19, 2020 | $1.45 | normal |
May 29, 2020 | Jun 17, 2020 | May 19, 2020 | $1.45 | normal |
Feb 21, 2020 | Mar 11, 2020 | Feb 11, 2020 | $1.32 | normal |
Nov 29, 2019 | Dec 18, 2019 | Nov 20, 2019 | $1.32 | normal |
Sep 6, 2019 | Sep 25, 2019 | Aug 21, 2019 | $1.32 | normal |
May 31, 2019 | Jun 19, 2019 | May 14, 2019 | $1.32 | normal |
Feb 22, 2019 | Mar 13, 2019 | Feb 12, 2019 | $1.2 | normal |
Nov 30, 2018 | Dec 19, 2018 | Nov 14, 2018 | $1.2 | normal |
Aug 24, 2018 | Sep 12, 2018 | Aug 15, 2018 | $1.2 | normal |
Jun 1, 2018 | Jun 20, 2018 | May 15, 2018 | $1.2 | normal |
Mar 2, 2018 | Mar 21, 2018 | Jan 25, 2018 | $1.1 | normal |
Dec 1, 2017 | Dec 20, 2017 | Nov 15, 2017 | $1 | normal |
Aug 24, 2017 | Sep 13, 2017 | Aug 16, 2017 | $1 | normal |
Jun 1, 2017 | Jun 21, 2017 | May 16, 2017 | $1 | normal |
Mar 2, 2017 | Mar 22, 2017 | Feb 16, 2017 | $0.9 | normal |
Dec 1, 2016 | Dec 21, 2016 | Nov 16, 2016 | $0.9 | normal |
Aug 25, 2016 | Sep 14, 2016 | Aug 17, 2016 | $0.9 | normal |
Jun 2, 2016 | Jun 22, 2016 | May 17, 2016 | $0.9 | normal |
Feb 25, 2016 | Mar 16, 2016 | Feb 16, 2016 | $0.8 | normal |
Nov 25, 2015 | Dec 16, 2015 | Nov 18, 2015 | $0.8 | normal |
Aug 27, 2015 | Sep 16, 2015 | Aug 19, 2015 | $0.8 | normal |
NOC has a payout ratio of 21.9% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 28.3%, Northrop Grumman's payout ratio is 23% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LMT Lockheed Martin Corp | 2.45% | $11.6 | 53.4% |
GD General Dynamics Corp | 2.22% | $5.04 | 40.9% |
NOC Northrop Grumman Corp | 1.5% | $6.92 | 21.9% |
Yes, Northrop Grumman has paid four dividends in the last twelve months. NOC has been paying dividends since 1992.
At this point we don't have a record of NOC's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2023.
Northrop Grumman's last dividend ex-date was on Feb 24, 2023. The dividend amount was $1.73 per share.
On an annual basis NOC pays $6.92 per share.
Northrop Grumman's current dividend yield is 1.5%.
Northrop Grumman pays dividends quarterly.
Northrop Grumman's dividend payout ratio is 21.9%.
Northrop Grumman's dividend yield is similar to the Industrials sector average.