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NOC Northrop Grumman Corp Dividend

Northrop Grumman's latest quarterly cash dividend of $1.57 per share was issued to shareholders on record before Aug 27, 2021. The dividend distribution stands at $6.04 per share annually, which comes to a dividend yield of 1.53%.

NOC next dividend date: Not announced

NOC
DPS
$6.04
Dividend yield
1.53%
Payout ratio
21.7%
Industrials sector
Dividend yield
1.62%
Payout ratio
37%

Dividend yield

NOC has a dividend yield of 1.53% which is below the Industrials sector and the industry average.

Dividend history

Northrop Grumman has been paying dividends for the last 26 years. Our records show that NOC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. However with the price of the stock up by 25% from a year ago, the dividend yield has a decrease of 13%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Aug 11, 2021 Aug 27, 2021 Sep 15, 2021 $1.57 normal
May 18, 2021 May 28, 2021 Jun 16, 2021 $1.57 normal
Feb 16, 2021 Feb 26, 2021 Mar 17, 2021 $1.45 normal
Nov 18, 2020 Nov 27, 2020 Dec 16, 2020 $1.45 normal
Aug 19, 2020 Aug 28, 2020 Sep 16, 2020 $1.45 normal
May 19, 2020 May 29, 2020 Jun 17, 2020 $1.45 normal
Feb 11, 2020 Feb 21, 2020 Mar 11, 2020 $1.32 normal
Nov 20, 2019 Nov 29, 2019 Dec 18, 2019 $1.32 normal
Aug 21, 2019 Sep 6, 2019 Sep 25, 2019 $1.32 normal
May 14, 2019 May 31, 2019 Jun 19, 2019 $1.32 normal
Feb 12, 2019 Feb 22, 2019 Mar 13, 2019 $1.2 normal
Nov 14, 2018 Nov 30, 2018 Dec 19, 2018 $1.2 normal
Aug 15, 2018 Aug 24, 2018 Sep 12, 2018 $1.2 normal
May 15, 2018 Jun 1, 2018 Jun 20, 2018 $1.2 normal
Jan 25, 2018 Mar 2, 2018 Mar 21, 2018 $1.1 normal
Nov 15, 2017 Dec 1, 2017 Dec 20, 2017 $1 normal
Aug 16, 2017 Aug 24, 2017 Sep 13, 2017 $1 normal
May 16, 2017 Jun 1, 2017 Jun 21, 2017 $1 normal
Feb 16, 2017 Mar 2, 2017 Mar 22, 2017 $0.9 normal
Nov 16, 2016 Dec 1, 2016 Dec 21, 2016 $0.9 normal
Aug 17, 2016 Aug 25, 2016 Sep 14, 2016 $0.9 normal
May 17, 2016 Jun 2, 2016 Jun 22, 2016 $0.9 normal
Feb 16, 2016 Feb 25, 2016 Mar 16, 2016 $0.8 normal
Nov 18, 2015 Nov 25, 2015 Dec 16, 2015 $0.8 normal
Aug 19, 2015 Aug 27, 2015 Sep 16, 2015 $0.8 normal

Dividend payouts

Payout ratio

NOC has a payout ratio of 21.7% which is lower than the Industrials sector and the industry average.

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