NOC vs RTX: Which Is the Better Dividend Stock?
As of Oct 24, 2026, NOC (Northrop Grumman Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. NOC offers the higher yield at 1.79%, NOC has the higher dividend-safety score, and NOC looks like the better value (its fair-value estimate is 29% below its share price).
Key facts: NOC vs RTX
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Northrop Grumman Corporation (NOC) has the higher forward dividend yield at 1.79%, versus 1.53% for RTX Corporation (RTX).
- As of Oct 24, 2026, SmarterDividends grades NOC's dividend safety A (96/100) and RTX's A (96/100).
- By SmarterDividends' count as of Oct 24, 2026, NOC has raised its dividend for 22 consecutive years and RTX for 33.
- As of Oct 24, 2026, NOC pays out 30% of its earnings as dividends and RTX pays out 46%.
- As of Oct 24, 2026, NOC's fair-value estimate is 29% below its share price and RTX's fair-value estimate is 41% below its share price, so NOC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NOC vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/noc-vs-rtx
| Metric | NOC | RTX |
|---|---|---|
| Forward yield | 1.79% | 1.53% |
| Annual dividend | $9.88 | $2.92 |
| Payout ratio | 30% | 46% |
| Years of growth | 22 yr | 33 yr |
| 5-yr dividend growth | 9.7% | 7.2% |
| 5-yr total return | 58% | 136% |
| Dividend safety score | 96 (A) | 96 (A) |
| Fair value estimate | $392.66 | $112.13 |
| Upside to fair value | -29% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $78.3B | $257.8B |
| P/E ratio | 17.4 | 31.1 |
Higher yield
NOC
1.79%
Safer dividend
NOC
Grade A
Faster growth
NOC
9.7%
Better value
NOC
-29% upside
NOC vs RTX — FAQ
Is NOC or RTX a better dividend stock?
On the data, NOC wins more head-to-head categories (5 vs 2). NOC offers the higher yield (1.79%), while NOC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, NOC or RTX?
NOC has the higher forward dividend yield at 1.79%, versus 1.53% for RTX.
Is NOC or RTX safer?
NOC has the higher dividend-safety score (96/100 vs 96/100), reflecting stronger payout coverage and dividend-growth history.
Is NOC or RTX better value right now?
As of Oct 24, 2026, NOC looks like the better value: its fair-value estimate is 29% below its share price (overvalued). For RTX, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.