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@ Layer3.news
2025-05-25 22:23:36
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NORTHROP GRUMMAN (NYSE:NOC) HAS ANNOUNCED THAT IT WILL BE INCREASING ITS DIVIDEND TO $2.31
https://media.zenfs.com/en/simply_wall_st__316/4a39ac79965dbdc4c586d12ea5141f62
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✍️ Northrop Grumman Corporation has announced an increase in its dividend to $2.31, a 12% increase from last year's payment of $2.06. The company's dividend yield is 1.7%, which is typical for the industry.
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👉 Northrop Grumman's dividend has been increased to $2.31, a 12% increase from last year's payment of $2.06.
👉 The company's dividend yield is 1.7%, which is typical for the industry.
👉 Northrop Grumman has a solid track record of paying stable dividends, with a 10-year annual payment growth rate of 11%
👉 The company's earnings per share (EPS) have been growing at 14% per annum over the last five years.
👉 The payout ratio is currently low, at 29%, which suggests that the dividend is sustainable.
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#business
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