Northrop Grumman Dividends and Buybacks
Dividend criteria checks 4/6
Northrop Grumman is a dividend paying company with a current yield of 1.68% that is well covered by earnings. Next payment date is on 26th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.7%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -1.4% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | R$45.150 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOCG34's dividends per share have been stable in the past 10 years.
Growing Dividend: NOCG34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Northrop Grumman Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOCG34) | 1.7% |
| Market Bottom 25% (BR) | 3.1% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Aerospace & Defense) | 1.3% |
| Analyst forecast (NOCG34) (up to 3 years) | 1.9% |
Notable Dividend: NOCG34's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (3.07%).
High Dividend: NOCG34's dividend (1.68%) is low compared to the top 25% of dividend payers in the BR market (9.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), NOCG34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.3%), NOCG34's dividend payments are well covered by cash flows.