Latest news with #NorthropGrummanCorporation
Yahoo
24-05-2025
- Business
- Yahoo
Northrop Grumman (NYSE:NOC) Has Announced That It Will Be Increasing Its Dividend To $2.31
The board of Northrop Grumman Corporation (NYSE:NOC) has announced that the dividend on 18th of June will be increased to $2.31, which will be 12% higher than last year's payment of $2.06 which covered the same period. Based on this payment, the dividend yield for the company will be 1.7%, which is fairly typical for the industry. We've discovered 2 warning signs about Northrop Grumman. View them for free. Solid dividend yields are great, but they only really help us if the payment is sustainable. Before making this announcement, Northrop Grumman was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow. The next year is set to see EPS grow by 24.3%. If the dividend continues along recent trends, we estimate the payout ratio will be 29%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Northrop Grumman The company has an extended history of paying stable dividends. The annual payment during the last 10 years was $2.80 in 2015, and the most recent fiscal year payment was $8.24. This means that it has been growing its distributions at 11% per annum over that time. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period. Investors could be attracted to the stock based on the quality of its payment history. Northrop Grumman has seen EPS rising for the last five years, at 14% per annum. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. Taking the debate a bit further, we've identified 2 warning signs for Northrop Grumman that investors need to be conscious of moving forward. Is Northrop Grumman not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Northrop Grumman to Participate in Bernstein's 41st Annual Strategic Decisions Conference
FALLS CHURCH, Va., May 21, 2025 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in Bernstein's 41st Annual Strategic Decisions Conference on Wednesday, May 28. Kathy Warden, chair, chief executive officer and president, will present beginning at 10:00 a.m. Eastern time. The presentation will be webcast live at Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Note: Statements to be made at the conference, including in the presentation and in any accompanying materials, contain or may contain statements that constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as 'will,' 'expect,' 'anticipate,' 'intend,' 'may,' 'could,' 'should,' 'plan,' 'strategy,' 'project,' 'forecast,' 'achieve,' 'believe,' 'estimate,' 'guidance,' 'outlook,' 'trends,' 'goals,' 'confident,' 'on track' and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements after the date of the conference, except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. A discussion of these risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Contact: News Bureaunewsbureau@ Todd in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Northrop Grumman Increases Quarterly Dividend 12 Percent to $2.31
FALLS CHURCH, Va., May 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.31 per share on Northrop Grumman common stock, payable June 18, 2025, to shareholders of record as of the close of business June 2, 2025. "Reflecting our strong financial position and commitment to deliver value to our shareholders, we are increasing our quarterly dividend by 12 percent," said Kathy Warden, chair, chief executive officer and president, Northrop Grumman. "This marks our 22nd consecutive annual increase and demonstrates our disciplined approach to capital deployment, returning capital to shareholders while investing in innovative solutions for our customers." Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: News Bureaunewsbureau@ Todd Ernst in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Northrop Grumman Corporation (NOC) Boosts Quarterly Dividend by 12.1%
On May 20, Northrop Grumman Corporation (NYSE:NOC) declared that it is increasing its quarterly dividend by 12.1% to $2.31 per share. Northrop Grumman Corporation (NYSE:NOC) is an American multinational aerospace and defense company. It engages in various operations, including the design and production of both manned and unmanned aircraft, weapons, missile systems, sensors, and naval technologies. The company also holds a prominent position in space-related projects and national security efforts. The latest quarterly dividend boost marked Northrop Grumman Corporation (NYSE:NOC)'s 22nd straight year of dividend increases, putting it just three years away from qualifying as a Dividend Aristocrat. Demonstrating its ongoing commitment to shareholders, the company returned nearly $800 million through dividends and stock buybacks. It also reiterated its free cash flow outlook for 2025. The stock recorded a dividend yield of 1.73% on May 20, and it will trade ex-dividend on June 2. While we acknowledge the potential of NOC as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than NOC but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Northrop Grumman Increases Quarterly Dividend 12 Percent to $2.31
FALLS CHURCH, Va., May 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $2.31 per share on Northrop Grumman common stock, payable June 18, 2025, to shareholders of record as of the close of business June 2, 2025. "Reflecting our strong financial position and commitment to deliver value to our shareholders, we are increasing our quarterly dividend by 12 percent," said Kathy Warden, chair, chief executive officer and president, Northrop Grumman. "This marks our 22nd consecutive annual increase and demonstrates our disciplined approach to capital deployment, returning capital to shareholders while investing in innovative solutions for our customers." Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers' toughest problems, our employees define possible every day. Contact: News Bureaunewsbureau@ Todd Ernst in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
