NOC Dividend History & Analysis | 1.6% Yield

NOC has a dividend yield of 1.6% and paid 9.4 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.56%
Payout Ratio 25.5%
Growth Rate CAGR 5y 9.9%
Consistency Lifetime 100%
Yield on Cost 5y 2.8%
Payout FCF 36.8%
Streak Years 5
Dividend Rating 63.8%
Chowder Number yield + growth 11.4% below 15% target for healthy growth
Yield vs Average 5y +2.4% avg 1.52% vs now 1.56%
Debt / EBITDA leverage 2.7x healthy
Income per 10k invested 156 USD per year
Dividends Cash Amount per Share Yearly NOC annual dividends paid per share, showing the total cash Northrop Grumman distributed to shareholders each year.
Dividend Growth Year over Year NOC year-over-year dividend growth rate, showing how Northrop Grumman's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NOC dividend yield history versus share price over the past 5 years, showing how Northrop Grumman's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Aerospace & Defense

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BS6 SG
YANGZIJIANG SHIPBLDG HLDGS
11,421 M 4.76% 33.28%
TDG NYSE
Transdigm
67,427 M 6.90% 16.62%
KOG OL
Kongsberg Gruppen ASA
25,940 M 1.34% 14.70%
RHM XETRA
Rheinmetall
55,101 M 0.99% 15.02%
LDO MI
Leonardo S.p.A.
33,135 M 1.22% 10.22%
S63 SG
SINGAPORE TECH ENGINEERING
25,247 M 2.36% 6.90%
ACLN SW
Accelleron Industries
8,775 M 1.74% 6.90%
LMT NYSE
Lockheed Martin
130,776 M 2.65% 4.19%
AM PA
Dassault Aviation
26,778 M 1.72% 5.11%
HO PA
Thales S.A.
55,427 M 1.81% 4.77%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
EMBJ NYSE
Embraer S.A.
11,555 M 315.20% 100.0%
GE NYSE
GE Aerospace
362,109 M 93.98% 100.0%
TDG NYSE
Transdigm
67,427 M 73.55% 100.0%
HWM NYSE
Howmet Aerospace
114,867 M 60.42% 100.0%
SAF PA
Safran
155,945 M 58.16% 100.0%
LDO MI
Leonardo S.p.A.
33,135 M 53.69% 99.0%
BS6 SG
YANGZIJIANG SHIPBLDG HLDGS
11,421 M 44.39% 99.0%
RHM XETRA
Rheinmetall
55,101 M 36.65% 100.0%
HAG XETRA
Hensoldt
10,406 M 23.01% 100.0%
AIR PA
Airbus SE
172,999 M 22.46% 99.0%

NOC Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.30% 80
Mar 0.09% 20
Apr - -
May 0.25% 60
Jun 0.18% 40
Jul - -
Aug 0.24% 60
Sep 0.16% 40
Oct - -
Nov 0.23% 60
Dec 0.17% 40

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-01 2026-06-01 2026-06-17 Quarterly 2.47 +6.9% 0.44%
2026-02-23 2026-02-23 2026-03-11 Quarterly 2.31 0% 0.32%
2025-12-01 2025-12-01 2025-12-17 Quarterly 2.31 0% 0.41%
2025-09-02 2025-09-02 2025-09-17 Quarterly 2.31 0% 0.39%
2025-06-02 2025-06-02 2025-06-18 Quarterly 2.31 +12.1% 0.48%
2025-03-03 2025-03-03 2025-03-19 Quarterly 2.06 0% 0.44%
2024-12-02 2024-12-02 2024-12-18 Quarterly 2.06 0% 0.42%
2024-09-03 2024-09-03 2024-09-18 Quarterly 2.06 0% 0.39%
2024-05-24 2024-05-28 2024-06-12 Quarterly 2.06 +10.2% 0.44%
2024-02-23 2024-02-26 2024-03-13 Quarterly 1.87 0% 0.41%
2023-11-24 2023-11-27 2023-12-13 Quarterly 1.87 0% 0.4%
2023-08-25 2023-08-28 2023-09-13 Quarterly 1.87 0% 0.43%
2023-05-26 2023-05-30 2023-06-14 Quarterly 1.87 +8.1% 0.43%
2023-02-24 2023-02-27 2023-03-15 Quarterly 1.73 0% 0.37%
2022-11-25 2022-11-28 2022-12-14 Quarterly 1.73 0% 0.33%
2022-08-26 2022-08-29 2022-09-14 Quarterly 1.73 0% 0.35%
2022-05-27 2022-05-31 2022-06-15 Quarterly 1.73 +10.2% 0.37%
2022-02-25 2022-02-28 2022-03-16 Quarterly 1.57 0% 0.4%
2021-11-26 2021-11-29 2021-12-15 Quarterly 1.57 0% 0.45%
2021-08-27 2021-08-30 2021-09-15 Quarterly 1.57 0% 0.43%

NOC Dividend FAQ

What is the Dividend Yield of NOC?

As of July 2026, NOC's dividend yield is 1.56%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 9.40 USD by the current share price of 547.58.

Does NOC pay a dividend?

As of July 2026, NOC paid a dividend of 9.40 USD in the last 12 months. The last dividend was paid on 2026-06-01 and the payout was 2.47 USD.

How often does NOC pay dividends?

NOC pays dividends quarterly. Over the last 12 months, NOC has issued 4 dividend payments. The last dividend payment was made on 2026-06-01.

NOC dividend forecast

Based on historical data, the forecasted dividends per share for NOC for the next payments are between 2.504 (+1.4%) and 2.605 (+5.5%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 1.85%.

Will NOC pay dividends in 2026?

The latest dividend paid per share was 2.47 USD with an Ex-Dividend Date of 2026-06-01. The next Ex-Dividend date for Northrop Grumman (NOC) is currently unknown.

What is the next Ex-Dividend Date for NOC?

The next Ex-Dividend date for Northrop Grumman (NOC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NOC?

NOC's average dividend growth rate over the past 5 years is 9.85% per year. Strong growth: NOC's dividend growth is outpacing inflation.

What is the Yield on Cost of NOC?

NOC's 5-Year Yield on Cost is 2.79%. If you bought NOC's shares at 337.24 USD five years ago, your current annual dividend income (9.40 USD per share, trailing 12 months) equals 2.79% of your original purchase price.

What is the Payout Consistency of NOC?

NOC Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Northrop Grumman has a strong track record of consistent dividend payments over its lifetime.

Does NOC have a good Dividend Yield?

NOC's 1.56% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of NOC?

The Dividend Payout Ratio of NOC is 25.5%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of NOC?

NOC's Overall Dividend Rating is 63.75%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOC Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NOC's Outstanding Shares?

Northrop Grumman's outstanding shares have decreased by approximately 2.08% annually over the past 3 years (Trend Reliability: -96.6%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has NOC ever had a Stock Split?

Yes, the last stock split was on Mar 31, 2011 with a ratio of 10000:9035. This was a forward split: Each share became 1.11 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 92,590,000 0%
1986 93,138,000 +0.59%
1987 93,622,000 +0.52%
1988 93,964,000 +0.37%
1989 94,002,000 +0.04%
1990 94,222,200 +0.23%
1991 94,386,000 +0.17%
1992 94,202,900 -0.19%
1993 96,296,300 +2.22%
1994 98,734,200 +2.53%
1995 97,600,000 -1.15%
1996 118,644,100 +21.56%
1997 134,246,600 +13.15%
1998 138,095,200 +2.87%
1999 139,130,400 +0.75%
2000 141,600,000 +1.78%
2001 222,560,000 +57.18%
2002 365,400,000 +64.18%
2003 361,320,000 -1.12%
2004 360,700,000 -0.17%
2005 343,300,000 -4.82%
2006 345,300,000 +0.58%
2007 338,800,000 -1.88%
2008 326,900,000 -3.51%
2009 302,500,000 -7.46%
2010 291,800,000 -3.54%
2011 253,100,000 -13.26%
2012 236,400,000 -6.6%
2013 216,300,000 -8.5%
2014 197,700,000 -8.6%
2015 181,300,000 -8.3%
2016 174,800,000 -3.59%
2017 174,300,000 -0.29%
2018 170,000,000 -2.47%
2019 167,700,000 -1.35%
2020 166,800,000 -0.54%
2021 160,400,000 -3.84%
2022 154,500,000 -3.68%
2023 151,100,000 -2.2%
2024 147,300,000 -2.51%
2025 142,900,000 -2.99%
2026 142,400,000 -0.35%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-22 02:37 UTC