# Northrop Grumman Corporation (NOC): Dividend & Fundamentals

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- Sector: Industrials · Industry: Aerospace & Defense
- Exchange: NYSE · Trading currency: USD

Northrop Grumman Corporation is a leading global player in the aerospace and defense sectors. Its Aeronautics Systems division is responsible for the full lifecycle of aircraft, from design and development to production, integration, and ongoing maintenance. This includes a diverse portfolio of crewed and uncrewed aerial platforms: advanced strategic long-range strike aircraft, tactical fighter and air superiority jets, and sophisticated airborne systems for battle management and command and control. Additionally, it specializes in autonomous uncrewed aircraft systems, such as high-altitude...

## Quote & Key Metrics

As of 2026-10-22:

| Metric | Value |
|---|---|
| Price | $555.80 USD |
| Market Cap | $78.96B |
| P/E (TTM) | 19.21 |
| EPS (TTM) | $28.94 |
| 52-Week Range | $470.06 – $774.00 |
| Dividend Yield (TTM) | 1.72% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 1.72% |
| Annual Dividend (TTM) | $9.56 /share |
| Annual Dividend (Forward) | $9.88 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 23 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 6.9% / 9.7% / 9.5% / 10.6% |
| Payout Ratio (EPS, TTM) | 30.2% |
| Payout Ratio (FCF, TTM) | 35.5% |
| Payout Ratio (EPS, forward dividend) | 31.2% |
| Payout Ratio (FCF, forward dividend) | 36.7% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-08-31 | $2.4700 | 2026-09-16 |
| 2026-06-01 | $2.4700 | 2026-06-17 |
| 2026-02-23 | $2.3100 | 2026-03-11 |
| 2025-12-01 | $2.3100 | 2025-12-17 |
| 2025-09-02 | $2.3100 | 2025-09-17 |
| 2025-06-02 | $2.3100 | 2025-06-18 |
| 2025-03-03 | $2.0600 | 2025-03-19 |
| 2024-12-02 | $2.0600 | 2024-12-18 |
| 2024-09-03 | $2.0600 | 2024-09-18 |
| 2024-05-24 | $2.0600 | 2024-06-12 |
| 2024-02-23 | $1.8700 | 2024-03-13 |
| 2023-11-24 | $1.8700 | 2023-12-13 |

Full history: https://www.dividenddata.com/stocks/noc/dividend

## Frequently Asked Questions

### What does Northrop Grumman Corporation do?

Northrop Grumman Corporation (NOC) operates in the Aerospace & Defense industry within the Industrials sector. Full company description, peers, and segment breakdown are on the page above.

### What is NOC's market cap?

Northrop Grumman Corporation (NOC) has a market capitalization of approximately $78.96 billion, as of October 22, 2026, based on the most recent share price and shares outstanding.

### Does NOC pay a dividend?

Yes, Northrop Grumman Corporation (NOC) pays a dividend quarterly, with a trailing-twelve-month yield of 1.72%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does NOC pay dividends?

Northrop Grumman Corporation pays dividends quarterly. The forward annual rate is $9.88 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is NOC's payout ratio?

Northrop Grumman Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/noc
- Dividend history & safety: https://www.dividenddata.com/stocks/noc/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/noc/earnings
- Financial statements: https://www.dividenddata.com/stocks/noc/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/noc/valuation
- Peer comparison: https://www.dividenddata.com/stocks/noc/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.