Northrop Grumman Corporation (NYSE:NOC) Plans Quarterly Dividend of $2.47

Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend on Tuesday, May 19th. Investors 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) annualized dividend 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 payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 22 years. Northrop Grumman has a dividend payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

NOC opened at $555.83 on Wednesday. The firm has a market cap of $78.95 billion, a P/E ratio of 17.40, a PEG ratio of 3.75 and a beta of -0.11. The firm has a 50-day moving average of $647.70 and a 200 day moving average of $633.35. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.15. Northrop Grumman has a fifty-two week low of $468.29 and a fifty-two week high of $774.00.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, April 21st. The aerospace company reported $6.14 earnings per share for the quarter, beating the consensus estimate of $6.06 by $0.08. The company had revenue of $9.88 billion during the quarter, compared to analyst estimates of $9.75 billion. Northrop Grumman had a net margin of 10.80% and a return on equity of 24.72%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.06 earnings per share. Northrop Grumman has set its FY 2026 guidance at 27.400-27.900 EPS. On average, research analysts expect that Northrop Grumman will post 27.92 EPS for the current year.

Key Headlines Impacting Northrop Grumman

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

• Positive Sentiment: Northrop Grumman was selected as one of five preferred payload providers for the Pentagon’s Drone Dominance Program, a multiyear effort to scale small military drones and advanced payload systems. Northrop wins spot in Pentagon drone program as U.S. pushes mass production
• Positive Sentiment: Analysts continue to view Northrop Grumman favorably, with coverage pointing to a consensus “Moderate Buy,” which supports the stock despite recent weakness. Northrop Grumman Corporation (NYSE:NOC) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: The board declared a quarterly dividend of $2.47 per share, reinforcing Northrop’s shareholder-return profile and financial stability. Northrop Grumman Board Declares Quarterly Dividend
• Positive Sentiment: Broader commentary on the Pentagon’s AI pivot highlighted Northrop Grumman as a beneficiary of increased spending on autonomous platforms, sensor networks, and hypersonic tracking systems. The Pentagon’s AI Pivot Supercharges Defense Stocks
• Neutral Sentiment: Northrop’s Mission Robotic Vehicle may launch this summer, another sign of ongoing space-program progress, but the near-term stock impact is less direct. Northrop Grumman’s Mission Robotic Vehicle May Launch This Summer
• Neutral Sentiment: Several recent articles focused on whether the pullback in NOC shares has created a better entry point, reflecting valuation debate rather than a clear new catalyst. Is It Time To Reconsider Northrop Grumman (NOC) After The Recent Share Price Pullback
• Negative Sentiment: Despite the positive contract news, recent coverage notes the stock has pulled back sharply over the past month, suggesting investors are still concerned about execution, spending needs, or near-term valuation. Is It Time To Reconsider Northrop Grumman (NOC) After The Recent Share Price Pullback

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.