NOC Dividend History & Analysis | 1.7% Yield

NOC has a dividend yield of 1.7% and paid 8.99 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 1.73%
Payout Ratio 35.2%
Growth Rate CAGR 5y 9.91%
Consistency Lifetime 97.0%
Yield on Cost 5y 3.34%
Payout FCF 68.9%
Streak Years 44
Dividend Rating 69.56%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 44.1%
Total Return 5y: 156%

Top Dividend Payers in Aerospace & Defense

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
TDG 79,972 M 6.90% 19.1%
BSP 82,399 M 1.90% 9.73%
PKE 486 M 3.88% 4.68%
RHM 100,304 M 0.51% 9.92%
LMT 138,900 M 2.94% 4.73%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
TDG 79,972 M 69.4% 44.3%
SAF 155,008 M 61.2% 88.3%
RHM 100,304 M 41.9% 90.5%
HAG 12,112 M 40.0% 100%
FII 3,045 M 29.2% 91.7%

Quality Dividend Peers in Aerospace & Defense

FII
Lisi S.A
 1.41% Yield
LMT
Lockheed Martin
 2.94% Yield
HO
Thales S.A.
 1.55% Yield
GD
General Dynamics
 2.44% Yield
BSP
BAE Systems
 1.90% Yield

NOC Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-01 2025-12-01 2025-12-17 Quarterly 2.31 0% 0.41%
2025-09-02 2025-09-02 2025-09-17 Quarterly 2.31 0% 0.39%
2025-06-02 2025-06-02 2025-06-18 Quarterly 2.31 12.1% 0.48%
2025-03-03 2025-03-03 2025-03-19 Quarterly 2.06 0% 0.44%
2024-12-02 2024-12-02 2024-12-18 Quarterly 2.06 0% 0.42%
2024-09-03 2024-09-03 2024-09-18 Quarterly 2.06 0% 0.39%
2024-05-24 2024-05-28 2024-06-12 Quarterly 2.06 10.2% 0.44%
2024-02-23 2024-02-26 2024-03-13 Quarterly 1.87 0% 0.41%
2023-11-24 2023-11-27 2023-12-13 Quarterly 1.87 0% 0.4%
2023-08-25 2023-08-28 2023-09-13 Quarterly 1.87 0% 0.43%
2023-05-26 2023-05-30 2023-06-14 Quarterly 1.87 8.1% 0.43%
2023-02-24 2023-02-27 2023-03-15 Quarterly 1.73 0% 0.37%
2022-11-25 2022-11-28 2022-12-14 Quarterly 1.73 0% 0.33%
2022-08-26 2022-08-29 2022-09-14 Quarterly 1.73 0% 0.35%
2022-05-27 2022-05-31 2022-06-15 Quarterly 1.73 10.2% 0.37%
2022-02-25 2022-02-28 2022-03-16 Quarterly 1.57 0% 0.4%
2021-11-26 2021-11-29 2021-12-15 Quarterly 1.57 0% 0.45%
2021-08-27 2021-08-30 2021-09-15 Quarterly 1.57 0% 0.43%
2021-05-28 2021-06-01 2021-06-16 Quarterly 1.57 8.3% 0.43%
2021-02-26 2021-03-01 2021-03-17 Quarterly 1.45 0% 0.48%
2020-11-27 2020-11-30 2020-12-16 Quarterly 1.45 0% N/A
2020-08-28 2020-08-31 2020-09-16 Quarterly 1.45 0% N/A
2020-05-29 2020-06-01 2020-06-17 Quarterly 1.45 9.8% N/A
2020-02-21 2020-02-24 2020-03-11 Quarterly 1.32 0% N/A
2019-11-29 2019-12-02 2019-12-18 Quarterly 1.32 0% N/A
2019-09-06 2019-09-09 2019-09-25 Quarterly 1.32 0% N/A
2019-05-31 2019-06-03 2019-06-19 Quarterly 1.32 10% N/A
2019-02-22 2019-02-25 2019-03-13 Quarterly 1.2 0% N/A
2018-11-30 2018-12-03 2018-12-19 Quarterly 1.2 0% N/A
2018-08-24 2018-08-27 2018-09-12 Quarterly 1.2 0% N/A
2018-06-01 2018-06-04 2018-06-20 Quarterly 1.2 9.1% N/A
2018-03-02 2018-03-05 2018-03-21 Quarterly 1.1 10% N/A
2017-12-01 2017-12-04 2017-12-20 Quarterly 1 0% N/A
2017-08-24 2017-08-28 2017-09-13 Quarterly 1 0% N/A
2017-06-01 2017-06-05 2017-06-21 Quarterly 1 11.1% N/A
2017-03-02 2017-03-06 2017-03-22 Quarterly 0.9 0% N/A
2016-12-01 2016-12-05 2016-12-21 Quarterly 0.9 0% N/A
2016-08-25 2016-08-29 2016-09-14 Quarterly 0.9 0% N/A
2016-06-02 2016-06-06 2016-06-22 Quarterly 0.9 12.5% N/A
2016-02-25 2016-02-29 2016-03-16 Quarterly 0.8 0% N/A
2015-11-25 2015-11-30 2015-12-16 Quarterly 0.8 0% N/A
2015-08-27 2015-08-31 2015-09-16 Quarterly 0.8 0% N/A
2015-05-28 2015-06-01 2015-06-17 Quarterly 0.8 14.3% N/A
2015-02-26 2015-03-02 2015-03-18 Quarterly 0.7 0% N/A
2014-11-26 2014-12-01 2014-12-17 Quarterly 0.7 0% N/A
2014-08-28 2014-09-02 2014-09-17 Quarterly 0.7 0% N/A
2014-05-29 2014-06-02 2014-06-18 Quarterly 0.7 14.8% N/A
2014-02-27 2014-03-03 2014-03-19 Quarterly 0.61 0% N/A
2013-11-27 2013-12-02 2013-12-18 Quarterly 0.61 0% N/A
2013-08-29 2013-09-03 2013-09-18 Quarterly 0.61 0% N/A

NOC Dividend FAQ

Northrop Grumman (NYSE: NOC) is a diversified aerospace and defense contractor operating across four primary segments-Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems-serving U.S., Asia-Pacific, European, and other international customers. The Aeronautics Systems unit builds manned and unmanned aircraft, including high-altitude long-endurance platforms and next-generation fighter and command-and-control aircraft. Defense Systems focuses on strategic deterrent weapons, missile-defense solutions, and precision-strike munitions, while Mission Systems delivers ISR, electronic-warfare, cyber, and navigation technologies. Space Systems supplies satellites, launch vehicles, and related propulsion and ground-segment hardware.

What is the Dividend Yield of NOC?

As of January 2026, NOC`s dividend yield is 1.73%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 8.99 USD by the current share price of 689.13.

Does NOC pay a dividend?

As of January 2026, NOC paid a dividend of 8.99 USD in the last 12 months. The last dividend was paid on 2025-12-01 and the payout was 2.31 USD.

How often does NOC pay dividends?

NOC pays dividends quarterly. Over the last 12 months, NOC has issued 4 dividend payments. The last dividend payment was made on 2025-12-01.

NOC dividend forecast

Based on historical data, the forecasted dividends per share for NOC for the next 4 payments are between 2.22 (-3.9%) and 2.339 (+1.3%).
This suggests the dividend will remain relatively stable.

Will NOC pay dividends in 2026?

The latest dividend paid per share was 2.31 USD with an Ex-Dividend Date of 2025-12-01. The next Ex-Dividend date for Northrop Grumman (NOC) is currently unknown.

What is the next Ex-Dividend Date for NOC?

The next Ex-Dividend date for Northrop Grumman (NOC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NOC?

NOC's average dividend growth rate over the past 5 years is 9.91% per year.
Strong growth: NOC's Dividend growth is outpacing inflation.

What is the Yield on Cost of NOC?

NOC's 5-Year Yield on Cost is 3.34%. If you bought NOC's shares at 269.19 USD five years ago, your current annual dividend income (8.99 USD per share, trailing 12 months) equals 3.34% of your original purchase price.

What is the Payout Consistency of NOC?

NOC Payout Consistency is 97.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Northrop Grumman has a strong track record of consistent dividend payments over its lifetime.

Does NOC have a good Dividend Yield?

NOC`s 1.73% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of NOC?

The Dividend Payout Ratio of NOC is 35.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NOC?

NOC`s Overall Dividend Rating is 69.56%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOC Outstanding Shares Analysis

What is the Trend in NOC's Outstanding Shares?

Northrop Grumman's outstanding shares have decreased by approximately 2.55% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has NOC ever had a Stock Split?

Yes, the last stock split was on Mar 31, 2011 with a ratio of 10000:9035.

This was a forward split: Each share became 1.11 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 92,590,000
1986 93,138,000 +0.59%
1987 93,622,000 +0.52%
1988 93,964,000 +0.37%
1989 94,002,000 +0.04%
1990 94,222,200 +0.23%
1991 94,386,000 +0.17%
1992 94,202,900 -0.19%
1993 96,296,300 +2.22%
1994 98,734,200 +2.53%
1995 97,600,000 -1.15%
1996 118,644,100 +21.56%
1997 134,246,600 +13.15%
1998 138,095,200 +2.87%
1999 139,130,400 +0.75%
2000 141,600,000 +1.78%
2001 222,560,000 +57.18%
2002 365,400,000 +64.18%
2003 361,320,000 -1.12%
2004 360,700,000 -0.17%
2005 343,300,000 -4.82%
2006 345,300,000 +0.58%
2007 338,800,000 -1.88%
2008 326,900,000 -3.51%
2009 302,500,000 -7.46%
2010 291,800,000 -3.54%
2011 253,100,000 -13.26%
2012 236,400,000 -6.6%
2013 216,300,000 -8.5%
2014 197,700,000 -8.6%
2015 181,300,000 -8.3%
2016 174,800,000 -3.59%
2017 174,300,000 -0.29%
2018 170,000,000 -2.47%
2019 167,700,000 -1.35%
2020 166,800,000 -0.54%
2021 160,400,000 -3.84%
2022 154,500,000 -3.68%
2023 151,100,000 -2.2%
2024 147,300,000 -2.51%
2025 143,500,000 -2.58%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-29 02:40