NOC Dividend History & Yield

Northrop Grumman Corporation · NYSE

Stock Industrials Quarterly payer Dividend growthIndustrial
$518.58
+0.70% today
as of Sep 8, 2026
TTM yield
1.84%
$9.56/share over the last 12 months
Forward yield
1.91%
$9.88/share indicated annual rate
Annual dividend
$9.88
per share, forward
Per payment
$2.47
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 30, 2026 Estimated
in 82 days
Next pay date
Dec 14, 2026
in 96 days
Last ex-dividend date
Aug 31, 2026
$2.47 per share
Payout ratio
30%
of earnings
Market cap
73.7B
P/E 16.5
5y dividend CAGR
+9.6%
annualised, regular payments
Growth streak
22 yrs
consecutive annual raises
Years paying
44.5
since Feb 23, 1982
1y total return
-10.5%
price -12.1% + dividends 1.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 30, 2026 (in 82 days) Dec 14, 2026 $2.47 $247.00 Estimated
Mon, Mar 1, 2027 (in 173 days) Mar 15, 2027 $2.47 $247.00 Estimated
Mon, May 31, 2027 (in 264 days) Jun 14, 2027 $2.47 $247.00 Estimated
Mon, Aug 30, 2027 (in 355 days) Sep 13, 2027 $2.47 $247.00 Estimated

Estimated dates and amounts are projected from NOC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $9.88 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 1, 2016 to Aug 31, 2026; most recent $2.47$0.00$1.50$3.00Dec 1, 2016: $0.90Dec '16Mar 2, 2017: $0.90Jun 1, 2017: $1.00Aug 24, 2017: $1.00Dec 1, 2017: $1.00Mar 2, 2018: $1.10Mar '18Jun 1, 2018: $1.20Aug 24, 2018: $1.20Nov 30, 2018: $1.20Feb 22, 2019: $1.20May 31, 2019: $1.32May '19Sep 6, 2019: $1.32Nov 29, 2019: $1.32Feb 21, 2020: $1.32May 29, 2020: $1.45Aug 28, 2020: $1.45Aug '20Nov 27, 2020: $1.45Feb 26, 2021: $1.45May 28, 2021: $1.57Aug 27, 2021: $1.57Nov 26, 2021: $1.57Nov '21Feb 25, 2022: $1.57May 27, 2022: $1.73Aug 26, 2022: $1.73Nov 25, 2022: $1.73Feb 24, 2023: $1.73Feb '23May 26, 2023: $1.87Aug 25, 2023: $1.87Nov 24, 2023: $1.87Feb 23, 2024: $1.87May 24, 2024: $2.06May '24Sep 3, 2024: $2.06Dec 2, 2024: $2.06Mar 3, 2025: $2.06Jun 2, 2025: $2.31Sep 2, 2025: $2.31Sep '25Dec 1, 2025: $2.31Feb 23, 2026: $2.31Jun 1, 2026: $2.47Aug 31, 2026: $2.47

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$5.00$10.002017: $3.90$3.9020172018: $4.70$4.7020182019: $5.16$5.1620192020: $5.67$5.6720202021: $6.16$6.1620212022: $6.76$6.7620222023: $7.34$7.3420232024: $8.05$8.0520242025: $8.99$8.9920252026 (YTD): $7.25$7.252026 YTD

How much NOC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month122$62,985$1,200
$500 / month608$314,927$6,000
$1,000 / month1,215$629,854$12,000

Based on the forward yield of 1.91%. $10,000 in NOC would currently pay about $191 a year ($16 a month on average). Model reinvestment and growth →

NOC dividend history

Ex-datePay dateAmountChange
Aug 31, 2026 $2.47 +0.0%
Jun 1, 2026 $2.47 +6.9%
Feb 23, 2026 $2.31 +0.0%
Dec 1, 2025 $2.31 +0.0%
Sep 2, 2025 $2.31 +0.0%
Jun 2, 2025 $2.31 +12.1%
Mar 3, 2025 $2.06 +0.0%
Dec 2, 2024 $2.06 +0.0%
Sep 3, 2024 $2.06 +0.0%
May 24, 2024 $2.06 +10.2%
Feb 23, 2024 $1.87 +0.0%
Nov 24, 2023 $1.87 +0.0%
Aug 25, 2023 $1.87 +0.0%
May 26, 2023 $1.87 +8.1%
Feb 24, 2023 $1.73 +0.0%
Nov 25, 2022 $1.73 +0.0%
Aug 26, 2022 $1.73 +0.0%
May 27, 2022 $1.73 +10.2%
Feb 25, 2022 $1.57 +0.0%
Nov 26, 2021 $1.57 +0.0%
Aug 27, 2021 $1.57 +0.0%
May 28, 2021 $1.57 +8.3%
Feb 26, 2021 $1.45 +0.0%
Nov 27, 2020 $1.45 +0.0%

NOC dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Jun 1, 2026 Raised 6.9% $2.31 $2.47 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

NOC scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Northrop Grumman Corporation

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

Sector: Industrials. Industry: Aerospace & Defense. First dividend on our records: Feb 23, 1982. 180 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

NOC dividend FAQ

When is NOC's next ex-dividend date?

NOC's next ex-dividend date is Nov 30, 2026 (in 82 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $2.47 per share, expected on Dec 14, 2026.

How often does NOC pay dividends?

NOC pays dividends every quarter, 4 times a year. The most recent payment was $2.47 per share with an ex-date of Aug 31, 2026.

What is NOC's dividend yield?

NOC's trailing 12-month dividend yield is 1.84%, based on $9.56 per share paid over the last year and a share price of $518.58. The forward yield, using the indicated annual rate of $9.88 per share, is 1.91%.

How much does NOC pay per share?

NOC pays about $2.47 per share each quarter, which works out to roughly $9.88 per share a year. 100 shares would collect about $988.00 a year.

Has NOC grown or cut its dividend?

NOC has raised its annual dividend for 22 consecutive years. Over the last 5 years the regular payout has grown at 9.6% a year (+9.4% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of NOC do I need to earn $100 a month?

At the current forward yield of 1.91%, you would need about 122 shares of NOC (roughly $62,985 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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