Northrop Grumman (NOC) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Northrop Grumman announced a quarterly dividend of $2.06 per ordinary share, payable on 2024-12-18, with an ex-dividend date of 2024-12-02. Northrop Grumman typically pays dividends four times a year, compared to $8.05 in 2024.
Find details on Northrop Grumman's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $2.06 | quarterly | 2024-12-18 |
| 2024-09-03 | $2.06 | quarterly | 2024-09-18 |
| 2024-05-24 | $2.06 | quarterly | 2024-06-12 |
| 2024-02-23 | $1.87 | quarterly | 2024-03-13 |
| 2023-11-24 | $1.87 | quarterly | 2023-12-13 |
| 2023-08-25 | $1.87 | quarterly | 2023-09-13 |
| 2023-05-26 | $1.87 | quarterly | 2023-06-14 |
| 2023-02-24 | $1.73 | quarterly | 2023-03-15 |
| 2022-11-25 | $1.73 | quarterly | 2022-12-14 |
| 2022-08-26 | $1.73 | quarterly | 2022-09-14 |
Dividend Increase
Northrop Grumman's dividend growth over the last five years (2020-2024) was 9.30% per year, while over the last ten years (2015-2024), it was 11.55% per year. In comparison, Raytheon Technologies has seen an average growth rate of -2.33% over the past five years and General Dynamics's growth rate was 6.94%.
By comparing Northrop Grumman's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Northrop Grumman's current trailing twelve-month (TTM) dividend yield is 1.70%. Over the last 12 months, Northrop Grumman has maintained this yield, but how does it compare to similar stocks? For example, Raytheon Technologies offers a yield of 2.08%, while General Dynamics provides a yield of 2.10%. Comparing similar stocks can help investors assess Northrop Grumman's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Northrop Grumman (NOC) | 1.70% | $8.05 | $472.3 |
| Raytheon Technologies (RTX) | 2.08% | $2.48 | $119.09 |
| General Dynamics (GD) | 2.1% | $5.58 | $266.09 |
Dividend Yield Calculator
Interested in purchasing Northrop Grumman stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Northrop Grumman has a payout ratio of 0.49%. In comparison, Raytheon Technologies has a payout ratio of 0.67%, while General Dynamics's payout ratio is 0.41%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Northrop Grumman
- Global presence Operates in various regions around the world, including North America, Europe, and Asia
- Key Segments Diversified portfolio including consumer products, technology services, and financial solutions
- Products/Services Offers a range of products and services such as electronics, banking, and healthcare
- Financial stability Strong financial performance with consistent dividend payments and a history of growth
Frequently Asked Question
How much is the next Northrop Grumman dividend?
Northrop Grumman's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Northrop Grumman dividend. The next Northrop Grumman dividend will be released in February, May, August, or November.
When is Northrop Grumman dividend paid?
Northrop Grumman pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Northrop Grumman pay?
The specific amount of Northrop Grumman dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Northrop Grumman's dividend history.
Does Northrop Grumman stock pay dividends?
Yes, Northrop Grumman does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Northrop Grumman's dividend history.
How much dividend does Northrop Grumman pay?
Northrop Grumman paid $0.0 in 2025, $8.05 in 2024, $7.34 in 2023, $6.76 in 2022, $6.16 in 2021, and $5.67 in 2020.
How often does Northrop Grumman pay dividends?
Northrop Grumman typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Northrop Grumman's dividend yield?
The current dividend yield for Northrop Grumman is 1.7%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Northrop Grumman's exact dividend yield.
When does Northrop Grumman go ex dividend?
Northrop Grumman's ex-dividend date for the latest dividend was on 2024-12-02. Northrop Grumman typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Northrop Grumman dividend paid?
Northrop Grumman pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Northrop Grumman increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Northrop Grumman will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Northrop Grumman dividend per share?
Northrop Grumman paid $0.0 per share in 2025 and $8.05 per share in 2024. The amount of dividend per share that Northrop Grumman pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Northrop Grumman a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Northrop Grumman a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Northrop Grumman a dividend stock?
Yes, Northrop Grumman is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Northrop Grumman a good dividend stock?
Whether Northrop Grumman is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Northrop Grumman has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Northrop Grumman as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Northrop Grumman as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Northrop Grumman pay dividends monthly?
Northrop Grumman typically pays dividends on a quarterly basis.
Does Northrop Grumman pay dividends quarterly?
Northrop Grumman currently pays dividends on a quarterly basis.
Has Northrop Grumman ever paid a dividend?
Yes, Northrop Grumman has a history of paying dividends to its shareholders. Northrop Grumman is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Northrop Grumman dividend stocks?
To buy Northrop Grumman you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Northrop Grumman stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Northrop Grumman stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Northrop Grumman pay dividends 2024?
Northrop Grumman pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Northrop Grumman increase its dividend in 2024?
Decisions regarding Northrop Grumman dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Northrop Grumman dividend overview you can look into the above table of dividend history.
How Northrop Grumman dividend works?
The Northrop Grumman dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Northrop Grumman's dividend process works:
1. Determination of Dividend: Northrop Grumman's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Northrop Grumman publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Northrop Grumman distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Northrop Grumman are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Northrop Grumman's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Northrop Grumman publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Northrop Grumman distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Northrop Grumman are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Northrop Grumman dividends paid?
Northrop Grumman dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Northrop Grumman sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Northrop Grumman distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Northrop Grumman declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Northrop Grumman sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Northrop Grumman distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Northrop Grumman declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Northrop Grumman pay dividends?
Northrop Grumman typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Northrop Grumman pay dividends?
The general pattern is that Northrop Grumman pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Northrop Grumman dividend safe?
The safety of Northrop Grumman's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Northrop Grumman's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Northrop Grumman's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Northrop Grumman's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Northrop Grumman's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.