Northrop Grumman Corporation

NYSE:NOC Stock Report

Market Cap: US$72.0b

Northrop Grumman Dividend

Dividend criteria checks 5/6

Northrop Grumman is a dividend paying company with a current yield of 1.57% that is well covered by earnings.

Key information

1.6%

Dividend yield

52%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$14.58
Dividend yield forecast in 3Y1.9%

Recent dividend updates

Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

May 23
Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

Recent updates

Northrop Grumman Corporation Just Recorded A 9.6% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 27
Northrop Grumman Corporation Just Recorded A 9.6% EPS Beat: Here's What Analysts Are Forecasting Next

Northrop Grumman May Take The Year Off To Navigate Headwinds

Apr 04

Undervalued And Underestimated: Why Northrop Grumman Is A Buy

Mar 27

Does Northrop Grumman (NYSE:NOC) Have A Healthy Balance Sheet?

Mar 12
Does Northrop Grumman (NYSE:NOC) Have A Healthy Balance Sheet?

Market Participants Recognise Northrop Grumman Corporation's (NYSE:NOC) Earnings

Feb 23
Market Participants Recognise Northrop Grumman Corporation's (NYSE:NOC) Earnings

Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Feb 09
Northrop Grumman Corporation (NYSE:NOC) Shares Could Be 33% Below Their Intrinsic Value Estimate

Seizing The Moment: Why I Just Bought Even More Northrop Grumman

Jan 27

Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Jan 14
Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Northrop Grumman: A Worthy Investment

Jan 12

Northrop Grumman - Why I Remain So Very Bullish

Dec 17

Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Dec 05
Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Northrop Grumman Is A Great Company, But Unfortunately Still A Hold

Dec 04

Northrop Grumman: Near-Term Risks But Long-Term Growth

Nov 14

Northrop Grumman Corporation's (NYSE:NOC) Intrinsic Value Is Potentially 30% Above Its Share Price

Nov 08
Northrop Grumman Corporation's (NYSE:NOC) Intrinsic Value Is Potentially 30% Above Its Share Price

Northrop Grumman: Buy Or Hold On Global Tensions?

Nov 01

Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Oct 12
Returns On Capital At Northrop Grumman (NYSE:NOC) Have Stalled

Northrop Grumman: Shares Up After Terrorist Attacks On Israel, Near Fair Value

Oct 09

Northrop Grumman: My Favorite High-Tech Investment

Sep 10

Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Aug 29
Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Northrop Grumman: 4 Reasons To Buy This Leading Defense Contractor

Aug 21

Estimating The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)

Jul 31
Estimating The Intrinsic Value Of Northrop Grumman Corporation (NYSE:NOC)

Northrop Grumman: Strong Buy As It Sees A Path To Double Free Cash Flow

Jul 28

Northrop Grumman Stock: A Realistic Approach

Jul 19

The Trend Of High Returns At Northrop Grumman (NYSE:NOC) Has Us Very Interested

Jul 04
The Trend Of High Returns At Northrop Grumman (NYSE:NOC) Has Us Very Interested

Northrop Grumman: A Shareholder-Friendly Defense Stock

Jun 03

Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

May 23
Northrop Grumman's (NYSE:NOC) Dividend Will Be Increased To $1.87

A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

May 02
A Look At The Fair Value Of Northrop Grumman Corporation (NYSE:NOC)

Northrop Grumman (NYSE:NOC) Is Investing Its Capital With Increasing Efficiency

Apr 03
Northrop Grumman (NYSE:NOC) Is Investing Its Capital With Increasing Efficiency

Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Mar 20
Northrop Grumman (NYSE:NOC) Takes On Some Risk With Its Use Of Debt

Northrop Grumman: A Promising Investment Opportunity In The Defense Industry

Feb 12

Northrop Grumman: Buy The Drop On This High Quality Stock

Feb 02

Northrop Grumman Q4 2022 Earnings Preview

Jan 25

An Intrinsic Calculation For Northrop Grumman Corporation (NYSE:NOC) Suggests It's 24% Undervalued

Jan 19
An Intrinsic Calculation For Northrop Grumman Corporation (NYSE:NOC) Suggests It's 24% Undervalued

Northrop Grumman Systems bags $464M Air Force contract

Jan 11

With EPS Growth And More, Northrop Grumman (NYSE:NOC) Makes An Interesting Case

Jan 07
With EPS Growth And More, Northrop Grumman (NYSE:NOC) Makes An Interesting Case

Northrop Grumman: Buy The Next Correction

Jan 02

Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Dec 14
Is Northrop Grumman (NYSE:NOC) A Risky Investment?

Why The 23% Return On Capital At Northrop Grumman (NYSE:NOC) Should Have Your Attention

Dec 02
Why The 23% Return On Capital At Northrop Grumman (NYSE:NOC) Should Have Your Attention

LRT Capital - Northrop Grumman: Stable Mid-Teens Returns On Invested Capital

Nov 09

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NOC's dividends per share have been stable in the past 10 years.

Growing Dividend: NOC's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Northrop Grumman Dividend Yield vs Market
How does NOC dividend yield compare to the market?
SegmentDividend Yield
Company (NOC)1.6%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Aerospace & Defense)1.6%
Analyst forecast in 3 Years (NOC)1.9%

Notable Dividend: NOC's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: NOC's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (4.77%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.2%), NOC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.8%), NOC's dividend payments are covered by cash flows.


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