Northrop Grumman Corp. (NOC) Dividends

Northrop Grumman Corp. (NOC): $478.66

1.30 (+0.27%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Air/Defense Services

Industry

C

Ranked

#35 of 71

in industry

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 Ex-Dividend Date
NOC Dividend Yield
1.59%
NOC Annual Dividend
$7.48
NOC Payout Ratio

NOC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$478.66$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
2024-02-23Dividend$1.87--
2023-11-24Dividend$1.87--
2023-08-25Dividend$1.87--
2023-05-26Dividend$1.87+8.09%
2023-02-24Dividend$1.73--
2022-11-25Dividend$1.73--
2022-08-26Dividend$1.73--
2022-05-27Dividend$1.73+10.19%
2022-02-25Dividend$1.57--
2021-11-26Dividend$1.57--
2021-08-27Dividend$1.57--
2021-05-28Dividend$1.57+8.28%
2021-02-26Dividend$1.45--
2020-11-27Dividend$1.45--
2020-08-28Dividend$1.45--
2020-05-29Dividend$1.45+9.85%
2020-02-21Dividend$1.32--
2019-11-29Dividend$1.32--
2019-09-06Dividend$1.32--
2019-05-31Dividend$1.32+10.00%
2019-02-22Dividend$1.20--
2018-11-30Dividend$1.20--
2018-08-24Dividend$1.20--
2018-06-01Dividend$1.20+9.09%
2018-03-02Dividend$1.10+10.00%
2017-12-01Dividend$1.00--
2017-08-24Dividend$1.00--
2017-06-01Dividend$1.00+11.11%
2017-03-02Dividend$0.90--
2016-12-01Dividend$0.90--
2016-08-25Dividend$0.90--
2016-06-02Dividend$0.90+12.50%
2016-02-25Dividend$0.80--
2015-11-25Dividend$0.80--
2015-08-27Dividend$0.80--
2015-05-28Dividend$0.80+14.29%
2015-02-26Dividend$0.70--
2014-11-26Dividend$0.70--
2014-08-28Dividend$0.70--
2014-05-29Dividend$0.70+14.75%
2014-02-27Dividend$0.61--
2013-11-27Dividend$0.61--
2013-08-29Dividend$0.61--
2013-05-23Dividend$0.61+10.91%
2013-02-28Dividend$0.55--
2012-11-21Dividend$0.55--
2012-08-23Dividend$0.55--
2012-05-23Dividend$0.55+10.00%
2012-02-23Dividend$0.50--
2011-11-23Dividend$0.50--
2011-08-25Dividend$0.50--
2011-05-26Dividend$0.50-92.15%
2011-03-31Dividend$6.37+1,254.47%
2011-02-24Dividend$0.47--
2010-11-24Dividend$0.47--
2010-08-26Dividend$0.47--
2010-05-27Dividend$0.47+9.30%
2010-02-25Dividend$0.43--
2009-11-25Dividend$0.43--
2009-08-27Dividend$0.43--
2009-05-28Dividend$0.43+7.50%
2009-02-26Dividend$0.40--
2008-11-26Dividend$0.40--
2008-08-21Dividend$0.40--
2008-05-29Dividend$0.40+8.11%
2008-02-28Dividend$0.37--
2007-11-21Dividend$0.37--
2007-08-23Dividend$0.37--
2007-05-24Dividend$0.37--
2007-03-01Dividend$0.37+23.33%
2006-11-22Dividend$0.30--
2006-08-24Dividend$0.30--
2006-05-25Dividend$0.30+15.38%
2006-02-23Dividend$0.26--
2005-11-23Dividend$0.26--
2005-08-25Dividend$0.26--
2005-05-26Dividend$0.26+13.04%
2005-02-24Dividend$0.23--
2004-11-24Dividend$0.23--
2004-08-26Dividend$0.23--
2004-06-22Split2-1-for-1 Stock SplitN/A
2004-05-20Dividend$0.46+15.00%
2004-02-26Dividend$0.40--
2003-11-26Dividend$0.40--
2003-08-29Dividend$0.40--
2003-05-30Dividend$0.40--
2003-02-27Dividend$0.40--
2002-11-27Dividend$0.40--
2002-08-29Dividend$0.40--
2002-05-23Dividend$0.40--
2002-02-28Dividend$0.40--
2001-11-29Dividend$0.40--
2001-08-23Dividend$0.40--
2001-05-24Dividend$0.40--
2001-03-01Dividend$0.40--
2000-11-22Dividend$0.40--
2000-08-24Dividend$0.40--
2000-05-25Dividend$0.40--
2000-02-24Dividend$0.40--
1999-11-24Dividend$0.40--
1999-08-26Dividend$0.40+100.00%
1999-05-27Dividend$0.20--
1999-02-25Dividend$0.20--
1998-11-25Dividend$0.20--
1998-08-27Dividend$0.20--
1998-05-29Dividend$0.20--
1998-03-05Dividend$0.20--
1997-11-26Dividend$0.20--
1997-08-28Dividend$0.20--
1997-05-29Dividend$0.20--
1997-02-27Dividend$0.20--
1996-11-27Dividend$0.20--
1996-08-29Dividend$0.20--
1996-05-23Dividend$0.20--
1996-02-29Dividend$0.20--
1995-11-22Dividend$0.20--
1995-08-24Dividend$0.20--
1995-05-23Dividend$0.20--
1995-02-21Dividend$0.20--
1994-11-21Dividend$0.20--
1994-08-23Dividend$0.20--
1994-05-23Dividend$0.20--
1994-02-22Dividend$0.20--
1993-11-22Dividend$0.20--
1993-08-24Dividend$0.20--
1993-05-25Dividend$0.20--
1993-02-23Dividend$0.20+33.33%
1992-11-23Dividend$0.15--
1992-08-25Dividend$0.15--
1992-05-26Dividend$0.15--
1992-02-25Dividend$0.15--
1991-11-25Dividend$0.15--
1991-08-27Dividend$0.15--
1991-05-21Dividend$0.15--
1991-02-26Dividend$0.15--
1990-11-27Dividend$0.15--
1990-08-21Dividend$0.15--
1990-05-22Dividend$0.15--
1990-02-27Dividend$0.15--
1989-11-20Dividend$0.15--
1989-08-22Dividend$0.15--
1989-05-23Dividend$0.15--
1989-02-21Dividend$0.15--
1988-11-21Dividend$0.15--
1988-08-23Dividend$0.15--
1988-05-24Dividend$0.15--
1988-02-23Dividend$0.15--
1987-11-23Dividend$0.15--


NOC Dividends vs. Peers

NOC's dividend yield currently ranks #14 of 110 vs. its peers in the Air/Defense Services category.
Rank Symbol Name Dividend Yield
1 CVU CPI Aerostructures, Inc. 0.00%
2 AAXN Axon Enterprise, Inc. 0.00%
3 DGI DigitalGlobe, Inc 0.00%
4 TATT TAT Technologies Ltd. - Ordinary Shares 0.00%
5 VSAT ViaSat, Inc. 0.00%
6 EADSY Airbus SE ADR 0.00%
7 TDG TransDigm Group Inc. 0.00%
8 SAFRY SAFRAN S.A. ADR 0.00%
9 MEGGY Meggitt PLC 0.00%
10 LMIA LMI Aerospace, Inc. 0.00%
11 AIRI Air Industries Group 0.00%
12 BYRN Byrna Technologies Inc. 0.00%
13 WAIR Wesco Aircraft Holdings, Inc. 0.00%
14 NOC Northrop Grumman Corp. 0.00%
15 TGI Triumph Group, Inc. 0.00%
16 HEI Heico Corp. 0.00%
17 LORL Loral Space and Communications, Inc. 0.00%
18 NSSC NAPCO Security Technologies, Inc. 0.00%
19 SSTI ShotSpotter, Inc. 0.00%
20 MIC Macquarie Infrastructure Corporation 0.00%
21 LLAP Terran Orbital Corporation 0.00%
22 IVDA Iveda Solutions Inc. 0.00%
23 AIR AAR Corp. 0.00%
24 MNTS Momentus Inc. 0.00%
25 JOBY Joby Aviation, Inc. 0.00%
26 FLY Fly Leasing Limited 0.00%
27 AJRD Aerojet Rocketdyne Holdings, Inc. 0.00%
28 HII Huntington Ingalls Industries Inc. 0.00%
29 KAMN Kaman Corporation 0.00%
30 RKLB Rocket Lab USA, Inc., 0.00%
31 DPRO Draganfly Inc. 0.00%
32 AL Air Lease Corporation 0.00%
33 WLFC Willis Lease Finance Corporation 0.00%
34 SPIR Spire Global, Inc. 0.00%
35 SIF SIFCO Industries, Inc. 0.00%
36 ENT Global Eagle Entertainment Inc. 0.00%
37 MTUAY MTU Aero Engines AG ADR 0.00%
38 ALLE Allegion PLC 0.00%
39 MOG.A Moog Inc. 0.00%
40 MOG.B Moog Inc. Class B 0.00%
41 CDRE Cadre Holdings, Inc. 0.00%
42 WWD Woodward, Inc. 0.00%
43 FTAI Fortress Transportation & Infrastructure Investors LLC 0.00%
44 EVEX Eve Holding, Inc. 0.00%
45 LHX L3Harris Technologies Inc. 0.00%
46 ESLT Elbit Systems Ltd. 0.00%
47 IRDM Iridium Communications Inc 0.00%
48 COL Rockwell Collins, Inc. 0.00%
49 FINMY Leonardo S.p.a. 0.00%
50 OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR 0.00%
51 MSA MSA Safety Incorporated 0.00%
52 GOGO Gogo Inc. 0.00%
53 OA Orbital ATK, Inc. 0.00%
54 PLRTF Plymouth Rock Technologies Inc. 0.00%
55 ISSC Innovative Solutions and Support, Inc. 0.00%
56 DFLYF Draganfly Inc. 0.00%
57 LILM Lilium N.V. 0.00%
58 GD General Dynamics Corporation 0.00%
59 BRC Brady Corporation 0.00%
60 SPR Spirit Aerosystems Holdings, Inc. 0.00%
61 ARTX Arotech Corporation 0.00%
62 RADA RADA Electronic Industries Ltd. - Ordinary Shares 0.00%
63 ASCMA Ascent Capital Group, Inc. - Series A 0.00%
64 HXL Hexcel Corporation 0.00%
65 TXT Textron Inc. 0.00%
66 OSIS OSI Systems, Inc. 0.00%
67 I Intelsat S.A. Common Shares 0.00%
68 ASTC Astrotech Corporation 0.00%
69 MOG-A 0.00%
70 BWXT BWX Technologies, Inc. 0.00%
71 BAESY BAE Systems PLC 0.00%
72 CUB Cubic Corporation 0.00%
73 ASR Grupo Aeroportuario del Sureste, S.A. de C.V. 0.00%
74 ATRO Astronics Corporation 0.00%
75 BBAVY Signature Aviation plc 0.00%
76 ATSG Air Transport Services Group, Inc 0.00%
77 ASLE AerSale Corporation 0.00%
78 ACHR Archer Aviation Inc. 0.00%
79 PAC Grupo Aeroportuario del Pacifico S.A.B. de C.V. ADR 0.00%
80 LMT Lockheed Martin Corp. 0.00%
81 AAWW Atlas Air Worldwide Holdings 0.00%
82 AVAV AeroVironment, Inc. 0.00%
83 RGR Sturm, Ruger & Company, Inc. 0.00%
84 PL Planet Labs PBC 0.00%
85 CACI CACI International, Inc. 0.00%
86 CAE CAE Inc. Ordinary Shares 0.00%
87 KLXI KLX Inc. 0.00%
88 ERA Era Group, Inc. 0.00%
89 MRCY Mercury Systems Inc 0.00%
90 EVTL Vertical Aerospace Ltd., 0.00%
91 BKSY BlackSky Technology Inc. 0.00%
92 ERJ Embraer S.A. 0.00%
93 SIDU Sidus Space, Inc., 0.00%
94 RDW Redwire Corporation, 0.00%
95 VRRM Verra Mobility Corporation 0.00%
96 ESL Esterline Technologies Corporation 0.00%
97 EH EHANG HOLDINGS LTD 0.00%
98 KTOS Kratos Defense & Security Solutions, Inc. 0.00%
99 RTX Raytheon Technologies Corp. 0.00%
100 VORB Virgin Orbit Holdings Inc. 0.00%
101 FLIR FLIR Systems, Inc. 0.00%
102 POWW AMMO Inc. 0.00%
103 AYR Aircastle Limited 0.00%
104 DCO Ducommun Incorporated 0.00%
105 BA Boeing Co. 0.00%
106 AOBC American Outdoor Brands Corporation 0.00%
107 SKYH Sky Harbour Group Corporation 0.00%
108 BKYI BIO-key International, Inc. 0.00%
109 BAH Booz Allen Hamilton Holding Corporation 0.00%
110 RTN Raytheon Company 0.00%

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

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