Northrop Grumman Increases Quarterly Dividend 12 Percent to $2.31
Rhea-AI Summary
Northrop Grumman (NYSE: NOC) has announced a 12% increase in its quarterly dividend to $2.31 per share, payable on June 18, 2025, to shareholders of record as of June 2, 2025. This marks the company's 22nd consecutive annual dividend increase, demonstrating its strong financial position and commitment to shareholder value.
CEO Kathy Warden emphasized the company's disciplined approach to capital deployment, balancing shareholder returns with investments in innovative solutions for customers. Northrop Grumman continues to position itself as a leading global aerospace and defense technology company.
Positive
- 12% increase in quarterly dividend to $2.31 per share
- 22nd consecutive annual dividend increase, showing consistent financial strength
- Strong financial position enabling both shareholder returns and innovation investments
Negative
- None.
News Market Reaction
On the day this news was published, NOC declined 0.57%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
FALLS CHURCH, Va., May 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of
"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 Bureau
newsbureau@ngc.com
Todd Ernst
todd.ernst@ngc.com