Northrop Grumman Corporation (NOC) Dividend

Northrop Grumman Corporation (NOC) currently pays a dividend yield of 1.87%, distributing $9.88 per share annually ($2.47 per quarter). The company operates in the Industrials sector.

NOC has raised its dividend for 22 consecutive years.

NOC dividend at a glance

Dividend Yield1.87%
Annual Dividend$9.88 per share
Per Payment$2.47
Payout FrequencyQuarterly
Payments per Year4
Next Ex-Dividend DateDecember 1, 2026
Next Payment DateDecember 22, 2026
Payout Ratio30%
Consecutive Years of Dividend Growth22
SectorIndustrials
Implied Share Price (from yield)$528.34

What NOC pays on a $10,000 investment

At a 1.87% yield, $10,000 invested in NOC generates about $187.00 per year, or roughly $46.75 every quarter. Share counts below use an implied price of $528.34, derived from the $9.88 annual dividend and the 1.87% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Quarter
$1,0001.9$18.70$4.68
$5,0009.5$93.50$23.38
$10,00018.9$187.00$46.75
$25,00047.3$467.50$116.88
$100,000189.3$1,870.00$467.50

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.

NOC dividend payment schedule

NOC pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 1, 2026, with payment on December 22, 2026. Later rows are projected forward at the same interval and will shift when Northrop Grumman Corporation declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
December 1, 2026December 22, 2026$2.47Confirmed
March 1, 2027March 22, 2027$2.47Projected
June 1, 2027June 22, 2027$2.47Projected
September 1, 2027September 22, 2027$2.47Projected

To collect a NOC dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How NOC's dividend compares

Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.93%. NOC's 1.87% is 2.06 percentage points below that median, ranking 510th of 713 by yield.

Within Industrials, where we track 58 names, the median yield is 1.46% — putting NOC above its sector.

Its 22-year run of dividend increases ranks 64th out of the 362 names in our data with an active growth streak.

What the numbers mean

NOC pays out roughly 30% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.

Like most US dividend payers, NOC distributes quarterly, so a full year of ownership produces four payments.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.

NOC dividend FAQ

When is the next NOC ex-dividend date?

The next NOC ex-dividend date is December 1, 2026, with the payment scheduled for December 22, 2026. You must own shares before the ex-dividend date to receive that payment.

What is NOC's dividend yield?

NOC currently yields 1.87%, based on $9.88 in dividends per share over the past year.

How often does NOC pay dividends?

NOC pays quarterly, which works out to 4 payments per year of about $2.47 per share.

How much dividend income would $10,000 of NOC generate?

At the current 1.87% yield, $10,000 invested in NOC would produce roughly $187.00 per year, or about $46.75 per quarter, before taxes and assuming the dividend holds.

Has NOC increased its dividend?

Yes — NOC has raised its dividend for 22 consecutive years.

NOC dividend history

DivTrkr holds 179 recorded NOC dividend payments going back to 1982, with 22 consecutive complete years of increases and +9.8% a year of growth over the last five complete years. See the full NOC dividend history — every payment, annual totals and growth by year.

Related dividend stocks

Other Industrials dividend payers

Similar yields to NOC

Track NOC dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.