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Northrop Grumman (WBO:NOCO) 5-Year Yield-on-Cost % : 2.40 (As of Apr. 29, 2024)


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What is Northrop Grumman 5-Year Yield-on-Cost %?

Northrop Grumman's yield on cost for the quarter that ended in Mar. 2024 was 2.40.


The historical rank and industry rank for Northrop Grumman's 5-Year Yield-on-Cost % or its related term are showing as below:

WBO:NOCO' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.72   Med: 2.46   Max: 4.46
Current: 2.4


During the past 13 years, Northrop Grumman's highest Yield on Cost was 4.46. The lowest was 1.72. And the median was 2.46.


WBO:NOCO's 5-Year Yield-on-Cost % is ranked better than
65.47% of 139 companies
in the Aerospace & Defense industry
Industry Median: 1.27 vs WBO:NOCO: 2.40

Competitive Comparison of Northrop Grumman's 5-Year Yield-on-Cost %

For the Aerospace & Defense subindustry, Northrop Grumman's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's 5-Year Yield-on-Cost % falls into.



Northrop Grumman 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Northrop Grumman is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Northrop Grumman  (WBO:NOCO) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Northrop Grumman 5-Year Yield-on-Cost % Related Terms

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Northrop Grumman (WBO:NOCO) Business Description

Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

Northrop Grumman (WBO:NOCO) Headlines

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