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Showing posts with the label Northrop Grumman

Northrop Grumman hikes dividend by 6.9%

Northrop Grumman hikes dividend by 6.9% to $2.47 quarterly in 2026. This marks 23 consecutive years of increases by NOC. The yield is 1.8% at a stock price of $552. Northrop is one of the Dividend Heroes for 2026.

Northrop Grumman hikes dividend by 12.1%

Northrop Grumman (NOC) will hike its quarterly dividend by 12.1% to $2.31 per share in 2025. This marks 22 consecutive years of increases by the defence company.

Northrop Grumman hikes dividend by 10.2%

Northrop Grumman (NOC) announced today that the Company's Board of Directors declared a cash dividend of $1.73 per common share payable June 15, 2022, to shareholders of record as of the close of business May 31, 2022. “Northrop Grumman remains focused on deploying our capital in value-creating ways for our customers and investors,” said Kathy Warden, chair, chief executive officer and president. “We are investing in our business to support our growth and we continue to provide a competitive return of capital to shareholders. This includes today’s 10 percent increase to our dividend, which represents the 19th consecutive annual increase.” This new dividend increase by NOC will mark 19 consecutive years of dividend increases by the defence and security company. A new annualized rate of $6.92 per share yields 1.5% at a stock price of $459. Northrop Grumman is a security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, an...

Northrop Grumman hikes dividend by 8.3%

Northrop Grumman (NOC) will raise its quarterly dividend by 8.3 percent to $1.57 per share in 2021. This follows a dividend hike of 9.8 percent to $1.45 per share in 2020. This dividend increase will mark 18 consecutive years of dividend increases by the defence and security company. The next dividend is payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021. A new annualized rate of $6.28 per share yields 1.7% at a stock price of $368. “Northrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,” said Kathy Warden, chairman, chief executive officer and president. “We are confident in our ability to continue creating shareholder value as we perform on our customers’ missions.” Northrop Grumman is a security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernizati...

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