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Northrop Grumman 3-Year Dividend Growth Rate

: 9.40% (As of Jun. 2022)
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Northrop Grumman's Dividends per Share for the three months ended in Jun. 2022 was $1.73.

The historical rank and industry rank for Northrop Grumman's 3-Year Dividend Growth Rate or its related term are showing as below:

NOC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: 10.65   Max: 18.6
Current: 9.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northrop Grumman was 18.60% per year. The lowest was -7.20% per year. And the median was 10.65% per year.

NOC's 3-Year Dividend Growth Rate is ranked better than
71.03% of 107 companies
in the Aerospace & Defense industry
Industry Median: -3.10 vs NOC: 9.40

During the past 12 months, Northrop Grumman's average Dividends Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Northrop Grumman's Dividend Payout Ratio for the three months ended in Jun. 2022 was 0.29. As of today, Northrop Grumman's Dividend Yield % is 1.37%.

Warning Sign:

Northrop Grumman Corp stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Aerospace & Defense subindustry, Northrop Grumman's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Northrop Grumman 3-Year Dividend Growth Rate Distribution

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's 3-Year Dividend Growth Rate falls into.



Northrop Grumman 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Northrop Grumman  (NYSE:NOC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Northrop Grumman's Dividend Payout Ratio for the quarter that ended in Jun. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2022 )/ EPS without NRI (Q: Jun. 2022 )
=1.73/ 6.06
=0.29

During the past 13 years, the highest Dividend Payout Ratio of Northrop Grumman was 0.39. The lowest was 0.14. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Northrop Grumman Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.7302022-05-272022-05-312022-06-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.5702022-02-252022-02-282022-03-16Cash DividendquarterlyUSD:USD 1.000000
USD 1.5702021-11-262021-11-292021-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.5702021-08-272021-08-302021-09-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Northrop Grumman's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.44/470.05
=1.37 %

Current Share Price is $470.05.
Northrop Grumman's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.44.

During the past 13 years, the highest Dividend Yield of Northrop Grumman was 3.80%. The lowest was 1.10%. And the median was 1.68%.

Warning Sign:

Northrop Grumman Corp stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northrop Grumman 3-Year Dividend Growth Rate Related Terms>


Northrop Grumman Business Description

Northrop Grumman logo
Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a mix between a long-range missile manufacturer and a defense IT service provider. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Executives
Bromberg Matthew Fox officer: CVP, Global Operations 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Wilson Thomas L Jr officer: CVP and Pres. Space Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Robinson Graham director 1000 STANLEY DRIVE NEW BRITAIN CT 06053
Jones Thomas H officer: CVP & Pres Aeronautics Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Abney David P director 55 GLENLAKE PARWAY, NE ATLANTA GA 30328
Brown Marianne Catherine director 4094 TIMUQUANA ROAD JACKSONVILLE FL 33210-8571
Keffer David F officer: CVP & Chief Financial Officer 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Petryszyn Mary D officer: CVP, Pres, Defense Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Bush Wesley G director, officer: Chairman 333 MAPLE AVENUE EAST #3080 VIENNA VA 22180
Ryan Lucy C officer: Corp VP, Communications 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Addison Ann M officer: Corporate Vice President 11951 FREEDOM DRIVE RESTON VA 20190
Larson Blake E officer: Vice President, other: Corp VP & Pres, NGIS 5050 LINCOLN DRIVE EDINA MN 55436
Kalan Lesley A officer: Corp VP, Government Relations 805 VASSAR ROAD ALEXANDRIA VA 22314
Purvis Shawn N officer: CVP, President, Enterprise Svc 9672 CRECY LANE MANASSAS VA 20110
Pamiljans Janis G officer: Corp VP & President AS Systems 212 LANSING ISLAND DRIVE INDIAN HARBOUR BEACH FL 32937

Northrop Grumman Headlines

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