Northrop Grumman (NOC) Dividend History & Yield
Northrop Grumman (NOC) has increased its dividend for 23 consecutive years and currently yields 1.32%. The most recent payment was $2.3100/share on Feb 23, 2026, paid Quarterly.
Current Yield
1.32%
TTM Dividend/Share
$9.24
Payment Frequency
Quarterly
Payout Ratio
30.9%
Consecutive Growth Years
23
Div Growth (1Y CAGR)
11.68%
Div Growth (5Y CAGR)
9.66%
Div Growth (10Y CAGR)
11.23%
Dividend Safety Score
5 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 30.9%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($23.05) covers dividend/share ($9.24).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
23 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 23, 2026
- Payment date
- Mar 11, 2026
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
- Yield (ex-date)
- 1.27%
Ex-date Dec 1, 2025
- Payment date
- Dec 17, 2025
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
- Yield (ex-date)
- 1.65%
Ex-date Sep 2, 2025
- Payment date
- Sep 17, 2025
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
- Yield (ex-date)
- 1.48%
Ex-date Jun 2, 2025
- Payment date
- Jun 18, 2025
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
- Yield (ex-date)
- 1.76%
Ex-date Mar 3, 2025
- Payment date
- Mar 19, 2025
- Dividend
- $2.0600
- Adj. dividend
- $2.0600
- Yield (ex-date)
- 1.74%
Ex-date Dec 2, 2024
- Payment date
- Dec 18, 2024
- Dividend
- $2.0600
- Adj. dividend
- $2.0600
- Yield (ex-date)
- 1.66%
Ex-date Sep 3, 2024
- Payment date
- Sep 18, 2024
- Dividend
- $2.0600
- Adj. dividend
- $2.0600
- Yield (ex-date)
- 1.50%
Ex-date May 24, 2024
- Payment date
- Jun 12, 2024
- Dividend
- $2.0600
- Adj. dividend
- $2.0600
- Yield (ex-date)
- 1.64%
Ex-date Feb 23, 2024
- Payment date
- Mar 13, 2024
- Dividend
- $1.8700
- Adj. dividend
- $1.8700
- Yield (ex-date)
- 1.62%
Ex-date Nov 24, 2023
- Payment date
- Dec 13, 2023
- Dividend
- $1.8700
- Adj. dividend
- $1.8700
- Yield (ex-date)
- 1.56%
Ex-date Aug 25, 2023
- Payment date
- Sep 13, 2023
- Dividend
- $1.8700
- Adj. dividend
- $1.8700
- Yield (ex-date)
- 1.68%
Ex-date May 26, 2023
- Payment date
- Jun 14, 2023
- Dividend
- $1.8700
- Adj. dividend
- $1.8700
- Yield (ex-date)
- 1.61%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 23, 2026 | Mar 11, 2026 | $2.3100 | $2.3100 | 1.27% |
| Dec 1, 2025 | Dec 17, 2025 | $2.3100 | $2.3100 | 1.65% |
| Sep 2, 2025 | Sep 17, 2025 | $2.3100 | $2.3100 | 1.48% |
| Jun 2, 2025 | Jun 18, 2025 | $2.3100 | $2.3100 | 1.76% |
| Mar 3, 2025 | Mar 19, 2025 | $2.0600 | $2.0600 | 1.74% |
| Dec 2, 2024 | Dec 18, 2024 | $2.0600 | $2.0600 | 1.66% |
| Sep 3, 2024 | Sep 18, 2024 | $2.0600 | $2.0600 | 1.50% |
| May 24, 2024 | Jun 12, 2024 | $2.0600 | $2.0600 | 1.64% |
| Feb 23, 2024 | Mar 13, 2024 | $1.8700 | $1.8700 | 1.62% |
| Nov 24, 2023 | Dec 13, 2023 | $1.8700 | $1.8700 | 1.56% |
| Aug 25, 2023 | Sep 13, 2023 | $1.8700 | $1.8700 | 1.68% |
| May 26, 2023 | Jun 14, 2023 | $1.8700 | $1.8700 | 1.61% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Northrop Grumman has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 23 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $8.9900 | — | — |
| 2025 | $8.0500 | $8.9900 | +11.7% |
| 2024 | $7.3400 | $8.0500 | +9.7% |
| 2023 | $6.7600 | $7.3400 | +8.6% |
| 2022 | $6.1600 | $6.7600 | +9.7% |
| 2021 | $5.6700 | $6.1600 | +8.6% |
| 2020 | $5.1600 | $5.6700 | +9.9% |
| 2019 | $4.7000 | $5.1600 | +9.8% |
| 2018 | $3.9000 | $4.7000 | +20.5% |
| 2017 | $3.5000 | $3.9000 | +11.4% |
| 2016 | $3.1000 | $3.5000 | +12.9% |
| 2015 | $2.7100 | $3.1000 | +14.4% |
| 2014 | $2.3800 | $2.7100 | +13.9% |
| 2013 | $2.1500 | $2.3800 | +10.7% |
| 2012 | $1.9246 | $2.1500 | +11.7% |
| 2011 | $1.6625 | $1.9246 | +15.8% |
| 2010 | $1.5269 | $1.6625 | +8.9% |
| 2009 | $1.4185 | $1.5269 | +7.6% |
| 2008 | $1.3372 | $1.4185 | +6.1% |
| 2007 | $1.0481 | $1.3372 | +27.6% |
| 2006 | $0.9125 | $1.0481 | +14.9% |
| 2005 | $0.8041 | $0.9125 | +13.5% |
| 2004 | $0.7228 | $0.8041 | +11.3% |
| 2003 | $0.7228 | $0.7228 | 0.0% |
| 2002 | $0.7228 | $0.7228 | 0.0% |
| 2001 | $0.7228 | $0.7228 | 0.0% |
| 2000 | $0.7228 | $0.7228 | 0.0% |
| 1999 | $0.7228 | $0.7228 | 0.0% |
| 1998 | $0.7228 | $0.7228 | 0.0% |
| 1997 | $0.7228 | $0.7228 | 0.0% |
| 1996 | $0.7228 | $0.7228 | 0.0% |
| 1995 | $0.7228 | $0.7228 | 0.0% |
| 1994 | $0.7228 | $0.7228 | 0.0% |
| 1993 | $0.5421 | $0.7228 | +33.3% |
| 1992 | $0.5421 | $0.5421 | 0.0% |
| 1991 | $0.5421 | $0.5421 | 0.0% |
| 1990 | $0.5421 | $0.5421 | 0.0% |
| 1989 | $0.5421 | $0.5421 | 0.0% |
| 1988 | $0.5421 | $0.5421 | 0.0% |
| 1987 | $0.5421 | $0.5421 | 0.0% |
| 1986 | $0.5421 | $0.5421 | 0.0% |
| 1985 | $0.3162 | $0.5421 | +71.4% |
| 1984 | $0.2711 | $0.3162 | +16.7% |
| 1983 | $0.2711 | $0.2711 | 0.0% |
| 1982 | — | $0.2711 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Northrop Grumman pay dividends?
- Yes, Northrop Grumman (NOC) pays quarterly dividends of approximately $9.24 per share annually, yielding 1.32%.
What is Northrop Grumman's dividend yield?
- Northrop Grumman (NOC) has a current dividend yield of 1.32%.
Is Northrop Grumman's dividend safe?
- Northrop Grumman (NOC) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Northrop Grumman increased its dividend?
- Northrop Grumman (NOC) has 23 consecutive years of dividend increases.
What is Northrop Grumman's dividend payout ratio?
- Northrop Grumman (NOC) has a dividend payout ratio of 30.9%.