Northrop Grumman Corporation (NOC) to Issue Quarterly Dividend of $2.47 on June 17th

Northrop Grumman Corporation (NYSE:NOC) announced a quarterly dividend on Tuesday, May 19th. Shareholders of record on Monday, June 1st will be given a dividend of 2.47 per share by the aerospace company on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, June 1st. This is a 6.9% increase from Northrop Grumman’s previous quarterly dividend of $2.31.

Northrop Grumman has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 22 consecutive years. Northrop Grumman has a payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Northrop Grumman to earn $30.22 per share next year, which means the company should continue to be able to cover its $9.24 annual dividend with an expected future payout ratio of 30.6%.

Northrop Grumman Stock Down 0.9%

NOC stock opened at $551.54 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.04. Northrop Grumman has a 52-week low of $468.29 and a 52-week high of $774.00. The company has a 50-day moving average of $643.79 and a two-hundred day moving average of $633.16. The stock has a market capitalization of $78.33 billion, a price-to-earnings ratio of 17.26, a price-to-earnings-growth ratio of 3.79 and a beta of -0.11.

Northrop Grumman (NYSE:NOC) last released its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.06 by $0.08. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The company had revenue of $9.88 billion during the quarter, compared to analysts’ expectations of $9.75 billion. During the same period in the prior year, the company earned $6.06 earnings per share. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. As a group, equities research analysts anticipate that Northrop Grumman will post 27.93 EPS for the current year.

Key Stories Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Northrop Grumman raised its quarterly dividend to $2.47 per share, a 6.9% increase from the prior payout, signaling confidence in cash flow and a shareholder-friendly capital allocation strategy. Northrop Grumman Board Declares Quarterly Dividend
• Positive Sentiment: The company won a spot in the Pentagon’s drone program, reinforcing its role in U.S. defense modernization and supporting the long-term growth outlook for its unmanned and autonomous systems business. Northrop wins spot in Pentagon drone program as U.S. pushes mass production
• Positive Sentiment: Northrop remains positioned to benefit from the Pentagon’s AI and digital modernization push, with investors viewing it as a key defense-tech winner in the broader military upgrade cycle. The Pentagon’s AI Pivot Supercharges Defense Stocks
• Neutral Sentiment: Recent articles focus on whether the stock is now attractively valued after its pullback, suggesting some investors may be rotating from momentum trading to a fundamentals-based reassessment of earnings and guidance. A Look At Northrop Grumman (NOC) Valuation After Its Recent Share Price Pullback
• Neutral Sentiment: Analysts still rate Northrop Grumman as a “Moderate Buy,” indicating Wall Street remains constructive overall despite the recent stock weakness. Northrop Grumman Corporation (NYSE:NOC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.