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NOC Northrop Grumman dividend history, payout ratio & dates

Northrop Grumman's latest quarterly cash dividend of $1.73 per share was issued to shareholders on record before Nov 25, 2022. The dividend distribution stands at $6.76 per share annually, which comes to a dividend yield of 1.25%.

Key dates

  • NOC last dividend date: Nov 25, 2022
  • NOC next dividend date: Not announced
NOC dividend stats
DPS
$6.76
Dividend yield
1.25%
Payout ratio
19.2%
vs. Industrials sector
Dividend yield
1.48%
Payout ratio
26.8%

Dividend yield

What is Northrop Grumman current dividend yield

NOC has a dividend yield of 1.25% which is below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.48%, Northrop Grumman's dividend yield is 16% lower. Historically NOC's dividend yield has averaged at 1.6% in the last 5 years, which is above the current yield.

Dividend history

What is NOC dividend payout history and dates

Northrop Grumman has been paying dividends for the last 30 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. However with the price of the stock up by 49% from a year ago, the dividend yield has a decrease of 26%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Northrop Grumman dividend payout ratio

What is Northrop Grumman dividend payout ratio compared to the sector

Payout ratio

NOC has a payout ratio of 19.2% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 26.8%, Northrop Grumman's payout ratio is 28% lower.

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

NOC dividend vs peer dividends

How does NOC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
LMT Lockheed Martin Corp 2.35% $11.4 52.2%
GD General Dynamics Corp 2.01% $4.97 41.1%
NOC Northrop Grumman Corp 1.25% $6.76 19.2%

Frequently asked questions

Does Northrop Grumman pay a dividend?

Yes, Northrop Grumman has paid four dividends in the last twelve months. NOC has been paying dividends since 1992.

When is Northrop Grumman's next dividend?

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 February 2023.

When was NOC's last dividend?

Northrop Grumman's last dividend ex-date was on Nov 25, 2022. The dividend amount was $1.73 per share.

How much dividend does Northrop Grumman pay (per share)?

On an annual basis NOC pays $6.76 per share.

What is Northrop Grumman's dividend yield?

Northrop Grumman's current dividend yield is 1.25%.

How often does Northrop Grumman pay dividends?

Northrop Grumman pays dividends quarterly.

What is Northrop Grumman's dividend payout ratio?

Northrop Grumman's dividend payout ratio is 19.2%.

Does Northrop Grumman pay a good dividend?

Northrop Grumman's dividend yield is below the Industrials sector average.