Northrop Grumman Corporation

Northrop Grumman Corporation

NOCยทNYSE

$526.06

-2.0%
IndustrialsAerospace & Defense

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

At a Glance

Live Snapshot
Market Cap$74.72B
EPS29.1400
P/E Ratio18.05
Earnings Date07/23/2026
0.34%
Dividend Yield
-16%
3Y-12.0%
5Y-25.0%
10Y-17.0%
37.51%
Dividend Payout Ratio
63%
3Y+17.0%
5Y+246.0%
10Y+19.0%
3Y+23.0%
5Y+40.0%
10Y+104.0%
Northrop Grumman Corporation

Northrop Grumman Corporation Dividend History

NOC ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NOC Dividend Payment History

NOC ยท NYSE

Total Payments

50

Latest Dividend

$2.4700

Annual Amount

$11.7100

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 19, 2026
Jun 1, 2026Jun 17, 2026
$2.4700
$2.4700
Quarterly+6.93%
Feb 10, 2026
Feb 23, 2026Mar 11, 2026
$2.3100
$2.3100
Quarterly0.00%
Nov 19, 2025
Dec 1, 2025Dec 17, 2025
$2.3100
$2.3100
Quarterly0.00%
Aug 20, 2025
Sep 2, 2025Sep 17, 2025
$2.3100
$2.3100
Quarterly0.00%
May 20, 2025
Jun 2, 2025Jun 18, 2025
$2.3100
$2.3100
Quarterly+12.14%
Feb 18, 2025
Mar 3, 2025Mar 19, 2025
$2.0600
$2.0600
Quarterly0.00%
Nov 20, 2024
Dec 2, 2024Dec 18, 2024
$2.0600
$2.0600
Quarterly0.00%
Aug 21, 2024
Sep 3, 2024Sep 18, 2024
$2.0600
$2.0600
Quarterly0.00%
May 14, 2024
May 28, 2024Jun 12, 2024
$2.0600
$2.0600
Quarterly+10.16%
Feb 13, 2024
Feb 26, 2024Mar 13, 2024
$1.8700
$1.8700
Quarterly0.00%
Nov 15, 2023
Nov 27, 2023Dec 13, 2023
$1.8700
$1.8700
Quarterly0.00%
Aug 16, 2023
Aug 28, 2023Sep 13, 2023
$1.8700
$1.8700
Quarterly0.00%
May 16, 2023
May 30, 2023Jun 14, 2023
$1.8700
$1.8700
Quarterly+8.09%
Feb 16, 2023
Feb 27, 2023Mar 15, 2023
$1.7300
$1.7300
Quarterly0.00%
Nov 16, 2022
Nov 28, 2022Dec 14, 2022
$1.7300
$1.7300
Quarterly0.00%
Aug 17, 2022
Aug 29, 2022Sep 14, 2022
$1.7300
$1.7300
Quarterly0.00%
May 17, 2022
May 31, 2022Jun 15, 2022
$1.7300
$1.7300
Quarterly+10.19%
Feb 15, 2022
Feb 28, 2022Mar 16, 2022
$1.5700
$1.5700
Quarterly0.00%
Nov 17, 2021
Nov 29, 2021Dec 15, 2021
$1.5700
$1.5700
Quarterly0.00%
Aug 11, 2021
Aug 30, 2021Sep 15, 2021
$1.5700
$1.5700
Quarterly0.00%
May 18, 2021
Jun 1, 2021Jun 16, 2021
$1.5700
$1.5700
Quarterly+8.28%
Feb 16, 2021
Mar 1, 2021Mar 17, 2021
$1.4500
$1.4500
Quarterly0.00%
Nov 18, 2020
Nov 30, 2020Dec 16, 2020
$1.4500
$1.4500
Quarterly0.00%
Aug 19, 2020
Aug 31, 2020Sep 16, 2020
$1.4500
$1.4500
Quarterly0.00%
May 19, 2020
Jun 1, 2020Jun 17, 2020
$1.4500
$1.4500
Quarterly+9.85%
Feb 11, 2020
Feb 24, 2020Mar 11, 2020
$1.3200
$1.3200
Quarterly0.00%
Nov 20, 2019
Dec 2, 2019Dec 18, 2019
$1.3200
$1.3200
Quarterly0.00%
Aug 21, 2019
Sep 9, 2019Sep 25, 2019
$1.3200
$1.3200
Quarterly0.00%
May 14, 2019
Jun 3, 2019Jun 19, 2019
$1.3200
$1.3200
Quarterly+10.00%
Feb 12, 2019
Feb 25, 2019Mar 13, 2019
$1.2000
$1.2000
Quarterly0.00%
Nov 14, 2018
Dec 3, 2018Dec 19, 2018
$1.2000
$1.2000
Quarterly0.00%
Aug 15, 2018
Aug 27, 2018Sep 12, 2018
$1.2000
$1.2000
Quarterly0.00%
May 15, 2018
Jun 4, 2018Jun 20, 2018
$1.2000
$1.2000
Quarterly+9.09%
Jan 25, 2018
Mar 5, 2018Mar 21, 2018
$1.1000
$1.1000
Quarterly+10.00%
Nov 15, 2017
Dec 4, 2017Dec 20, 2017
$1.0000
$1.0000
Quarterly0.00%
Aug 16, 2017
Aug 28, 2017Sep 13, 2017
$1.0000
$1.0000
Quarterly0.00%
May 17, 2017
Jun 5, 2017Jun 21, 2017
$1.0000
$1.0000
Quarterly+11.11%
Feb 16, 2017
Mar 6, 2017Mar 22, 2017
$0.9000
$0.9000
Quarterly0.00%
Nov 16, 2016
Dec 5, 2016Dec 21, 2016
$0.9000
$0.9000
Quarterly0.00%
Aug 17, 2016
Aug 29, 2016Sep 14, 2016
$0.9000
$0.9000
Quarterly0.00%
May 17, 2016
Jun 6, 2016Jun 22, 2016
$0.9000
$0.9000
Quarterly+12.50%
Feb 16, 2016
Feb 29, 2016Mar 16, 2016
$0.8000
$0.8000
Quarterly0.00%
Nov 18, 2015
Nov 30, 2015Dec 16, 2015
$0.8000
$0.8000
Quarterly0.00%
Aug 19, 2015
Aug 31, 2015Sep 16, 2015
$0.8000
$0.8000
Quarterly0.00%
May 20, 2015
Jun 1, 2015Jun 17, 2015
$0.8000
$0.8000
Quarterly+14.29%
Feb 17, 2015
Mar 2, 2015Mar 18, 2015
$0.7000
$0.7000
Quarterly0.00%
Nov 19, 2014
Dec 1, 2014Dec 17, 2014
$0.7000
$0.7000
Quarterly0.00%
Aug 20, 2014
Sep 2, 2014Sep 17, 2014
$0.7000
$0.7000
Quarterly0.00%
May 21, 2014
Jun 2, 2014Jun 18, 2014
$0.7000
$0.7000
Quarterly+14.75%
Feb 18, 2014
Mar 3, 2014Mar 19, 2014
$0.6100
$0.6100
Quarterly-
noc

Northrop Grumman Corporation Payout Ratio Analysis

NOC ยท NYSE
Dividends Paid
-1.29B
2025
Net Income
4.18B
2025
Payout Ratio
30.92%
2025

Dividend Sustainability Analysis

Payout Ratio
30.92%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
39.1%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-9.0%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.