SmarterDividends
NOC

Northrop Grumman Corporation

NOC43 yrs growth

Industrials · Stock · quarterly payer

Forward Yield

1.72%

Annual Dividend

$9.40

Payout Ratio

29%

5-Yr Growth

9.8%

Ex-Date

Jun 1, 2026

Frequency

Quarterly

NOC Dividend Safety Score

94/ 100
Grade A

Very Safe

Dividend-growth streak43 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage29% of earnings paid out
Free-cash-flow coverage64% of free cash flow
Balance-sheet strengthDebt/equity of 1.03
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NOC a good dividend stock?

Yes

Northrop Grumman Corporation (NOC) pays a quarterly dividend yielding 1.72% ($9.40/yr), with 43 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 43 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (29%)
  • Strong 9.8% 5-yr dividend growth
  • 50% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.72%
Payout Ratio
29%
Annual Dividend
$9.40
5-Yr Avg Growth
9.8%
Ex-Dividend Date
Jun 1, 2026
Years of Growth
43
Frequency
quarterly
Beta
-0.12
Market Cap
$77.4B
P/E Ratio
17.1
5-Yr Total Return
50%
52-Week Range
$472.02 – $774.00
Dividend Safety
A · 94/100
Ever Cut?
No
NOC ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $9.40 / yr per share

Per payment (quarterly)$235.00
Annual$940.00
Monthly avg$78.33