Northrop Grumman Corp. (NOC) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, NOC has returned more capital to shareholders through its dividend issuances than 88.72% of other dividend-paying US stocks.
- NOC's average cash flow over the past 5.5 years is greater than 88.73% of current dividend paying stocks in the US.
- Currently, NOC generates more cash flow over the 12 months prior than 91.28% of US dividend stocks.
- As for stocks whose price is uncorrelated with NOC's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PLOW, PTE, USPH, CCF and MPWR.
NOC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $465.89 | $7282.32 | 1529.45% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of NOC, the DDM model generated by StockNews estimates a return of positive 1529.45% in comparison to its current price. Digging deeper, the aspects of Northrop Grumman Corp's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Industrials sector, Northrop Grumman Corp's expected return of 1529.45% is higher than 99.13% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Northrop Grumman Corp bears a discount rate, according to our calculations, lower than 99.13% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for NOC than it is for 99.13% of other equities in the Industrials sector that also issue dividends.
NOC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-02 | Dividend | $2.06 | -- |
| 2024-09-03 | Dividend | $2.06 | -- |
| 2024-05-24 | Dividend | $2.06 | +10.16% |
| 2024-02-23 | Dividend | $1.87 | -- |
| 2023-11-24 | Dividend | $1.87 | -- |
| 2023-08-25 | Dividend | $1.87 | -- |
| 2023-05-26 | Dividend | $1.87 | +8.09% |
| 2023-02-24 | Dividend | $1.73 | -- |
| 2022-11-25 | Dividend | $1.73 | -- |
| 2022-08-26 | Dividend | $1.73 | -- |
| 2022-05-27 | Dividend | $1.73 | +10.19% |
| 2022-02-25 | Dividend | $1.57 | -- |
| 2021-11-26 | Dividend | $1.57 | -- |
| 2021-08-27 | Dividend | $1.57 | -- |
| 2021-05-28 | Dividend | $1.57 | +8.28% |
| 2021-02-26 | Dividend | $1.45 | -- |
| 2020-11-27 | Dividend | $1.45 | -- |
| 2020-08-28 | Dividend | $1.45 | -- |
| 2020-05-29 | Dividend | $1.45 | +9.85% |
| 2020-02-21 | Dividend | $1.32 | -- |
| 2019-11-29 | Dividend | $1.32 | -- |
| 2019-09-06 | Dividend | $1.32 | -- |
| 2019-05-31 | Dividend | $1.32 | +10.00% |
| 2019-02-22 | Dividend | $1.20 | -- |
| 2018-11-30 | Dividend | $1.20 | -- |
| 2018-08-24 | Dividend | $1.20 | -- |
| 2018-06-01 | Dividend | $1.20 | +9.09% |
| 2018-03-02 | Dividend | $1.10 | +10.00% |
| 2017-12-01 | Dividend | $1.00 | -- |
| 2017-08-24 | Dividend | $1.00 | -- |
| 2017-06-01 | Dividend | $1.00 | +11.11% |
| 2017-03-02 | Dividend | $0.90 | -- |
| 2016-12-01 | Dividend | $0.90 | -- |
| 2016-08-25 | Dividend | $0.90 | -- |
| 2016-06-02 | Dividend | $0.90 | +12.50% |
| 2016-02-25 | Dividend | $0.80 | -- |
| 2015-11-25 | Dividend | $0.80 | -- |
| 2015-08-27 | Dividend | $0.80 | -- |
| 2015-05-28 | Dividend | $0.80 | +14.29% |
| 2015-02-26 | Dividend | $0.70 | -- |
| 2014-11-26 | Dividend | $0.70 | -- |
| 2014-08-28 | Dividend | $0.70 | -- |
| 2014-05-29 | Dividend | $0.70 | +14.75% |
| 2014-02-27 | Dividend | $0.61 | -- |
| 2013-11-27 | Dividend | $0.61 | -- |
| 2013-08-29 | Dividend | $0.61 | -- |
| 2013-05-23 | Dividend | $0.61 | +10.91% |
| 2013-02-28 | Dividend | $0.55 | -- |
| 2012-11-21 | Dividend | $0.55 | -- |
| 2012-08-23 | Dividend | $0.55 | -- |
| 2012-05-23 | Dividend | $0.55 | +10.00% |
| 2012-02-23 | Dividend | $0.50 | -- |
| 2011-11-23 | Dividend | $0.50 | -- |
| 2011-08-25 | Dividend | $0.50 | -- |
| 2011-05-26 | Dividend | $0.50 | -92.15% |
| 2011-03-31 | Dividend | $6.37 | +1,254.47% |
| 2011-02-24 | Dividend | $0.47 | -- |
| 2010-11-24 | Dividend | $0.47 | -- |
| 2010-08-26 | Dividend | $0.47 | -- |
| 2010-05-27 | Dividend | $0.47 | +9.30% |
| 2010-02-25 | Dividend | $0.43 | -- |
| 2009-11-25 | Dividend | $0.43 | -- |
| 2009-08-27 | Dividend | $0.43 | -- |
| 2009-05-28 | Dividend | $0.43 | +7.50% |
| 2009-02-26 | Dividend | $0.40 | -- |
| 2008-11-26 | Dividend | $0.40 | -- |
| 2008-08-21 | Dividend | $0.40 | -- |
| 2008-05-29 | Dividend | $0.40 | +8.11% |
| 2008-02-28 | Dividend | $0.37 | -- |
| 2007-11-21 | Dividend | $0.37 | -- |
| 2007-08-23 | Dividend | $0.37 | -- |
| 2007-05-24 | Dividend | $0.37 | -- |
| 2007-03-01 | Dividend | $0.37 | +23.33% |
| 2006-11-22 | Dividend | $0.30 | -- |
| 2006-08-24 | Dividend | $0.30 | -- |
| 2006-05-25 | Dividend | $0.30 | +15.38% |
| 2006-02-23 | Dividend | $0.26 | -- |
| 2005-11-23 | Dividend | $0.26 | -- |
| 2005-08-25 | Dividend | $0.26 | -- |
| 2005-05-26 | Dividend | $0.26 | +13.04% |
| 2005-02-24 | Dividend | $0.23 | -- |
| 2004-11-24 | Dividend | $0.23 | -- |
| 2004-08-26 | Dividend | $0.23 | -- |
| 2004-06-22 | Split | 2-1-for-1 Stock Split | N/A |
| 2004-05-20 | Dividend | $0.46 | +15.00% |
| 2004-02-26 | Dividend | $0.40 | -- |
| 2003-11-26 | Dividend | $0.40 | -- |
| 2003-08-29 | Dividend | $0.40 | -- |
| 2003-05-30 | Dividend | $0.40 | -- |
| 2003-02-27 | Dividend | $0.40 | -- |
| 2002-11-27 | Dividend | $0.40 | -- |
| 2002-08-29 | Dividend | $0.40 | -- |
| 2002-05-23 | Dividend | $0.40 | -- |
| 2002-02-28 | Dividend | $0.40 | -- |
| 2001-11-29 | Dividend | $0.40 | -- |
| 2001-08-23 | Dividend | $0.40 | -- |
| 2001-05-24 | Dividend | $0.40 | -- |
| 2001-03-01 | Dividend | $0.40 | -- |
| 2000-11-22 | Dividend | $0.40 | -- |
| 2000-08-24 | Dividend | $0.40 | -- |
| 2000-05-25 | Dividend | $0.40 | -- |
| 2000-02-24 | Dividend | $0.40 | -- |
| 1999-11-24 | Dividend | $0.40 | -- |
| 1999-08-26 | Dividend | $0.40 | +100.00% |
| 1999-05-27 | Dividend | $0.20 | -- |
| 1999-02-25 | Dividend | $0.20 | -- |
| 1998-11-25 | Dividend | $0.20 | -- |
| 1998-08-27 | Dividend | $0.20 | -- |
| 1998-05-29 | Dividend | $0.20 | -- |
| 1998-03-05 | Dividend | $0.20 | -- |
| 1997-11-26 | Dividend | $0.20 | -- |
| 1997-08-28 | Dividend | $0.20 | -- |
| 1997-05-29 | Dividend | $0.20 | -- |
| 1997-02-27 | Dividend | $0.20 | -- |
| 1996-11-27 | Dividend | $0.20 | -- |
| 1996-08-29 | Dividend | $0.20 | -- |
| 1996-05-23 | Dividend | $0.20 | -- |
| 1996-02-29 | Dividend | $0.20 | -- |
| 1995-11-22 | Dividend | $0.20 | -- |
| 1995-08-24 | Dividend | $0.20 | -- |
| 1995-05-23 | Dividend | $0.20 | -- |
| 1995-02-21 | Dividend | $0.20 | -- |
| 1994-11-21 | Dividend | $0.20 | -- |
| 1994-08-23 | Dividend | $0.20 | -- |
| 1994-05-23 | Dividend | $0.20 | -- |
| 1994-02-22 | Dividend | $0.20 | -- |
| 1993-11-22 | Dividend | $0.20 | -- |
| 1993-08-24 | Dividend | $0.20 | -- |
| 1993-05-25 | Dividend | $0.20 | -- |
| 1993-02-23 | Dividend | $0.20 | +33.33% |
| 1992-11-23 | Dividend | $0.15 | -- |
| 1992-08-25 | Dividend | $0.15 | -- |
| 1992-05-26 | Dividend | $0.15 | -- |
| 1992-02-25 | Dividend | $0.15 | -- |
| 1991-11-25 | Dividend | $0.15 | -- |
| 1991-08-27 | Dividend | $0.15 | -- |
| 1991-05-21 | Dividend | $0.15 | -- |
| 1991-02-26 | Dividend | $0.15 | -- |
| 1990-11-27 | Dividend | $0.15 | -- |
| 1990-08-21 | Dividend | $0.15 | -- |
| 1990-05-22 | Dividend | $0.15 | -- |
| 1990-02-27 | Dividend | $0.15 | -- |
| 1989-11-20 | Dividend | $0.15 | -- |
| 1989-08-22 | Dividend | $0.15 | -- |
| 1989-05-23 | Dividend | $0.15 | -- |
| 1989-02-21 | Dividend | $0.15 | -- |
| 1988-11-21 | Dividend | $0.15 | -- |
| 1988-08-23 | Dividend | $0.15 | -- |
| 1988-05-24 | Dividend | $0.15 | -- |
| 1988-02-23 | Dividend | $0.15 | -- |
| 1987-11-23 | Dividend | $0.15 | -- |
NOC Dividends vs. Peers
NOC's dividend yield currently ranks #14 of 110 vs. its peers in the Air/Defense Services category.
Looking for More Information on NOC dividends?
Want to see what other sources are saying about Northrop Grumman Corp's dividends? Try the links below:Northrop Grumman Corp Common Stock (NOC) Dividend History | Nasdaq
Dividend History for Northrop Grumman Corp (NOC) - Dividend Investor
Northrop Grumman Corp (NOC) Dividend History - Seeking Alpha