Northrop Grumman Board Declares Quarterly Dividend

Rhea-AI Summary

The board of Northrop Grumman Corporation declared a quarterly dividend of $1.57 per share on common stock. This dividend is payable on December 15, 2021, to shareholders of record as of the close of business on November 29, 2021. Northrop Grumman is focused on global security and innovation, employing approximately 90,000 individuals dedicated to solving complex challenges for the U.S. and its allies.

Positive

• Quarterly dividend of $1.57 per share, demonstrating financial stability and commitment to returning value to shareholders.
• Payable date of December 15, 2021, reinforces strong cash flow management.

Negative

• None.

FALLS CHURCH, Va., Nov. 17, 2021 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable Dec. 15, 2021, to shareholders of record as of the close of business Nov. 29, 2021.

Northrop Grumman is a technology company, focused on global security and human discovery. Our pioneering solutions equip our customers with capabilities they need to connect, advance and protect the U.S. and its allies. Driven by a shared purpose to solve our customers’ toughest problems, our 90,000 employees define possible every day.

Contact:   

Vic Beck (Media)
703-280-4456 (office)
vic.beck@ngc.com

Todd Ernst (Investors)
703-280-4535 (office)
todd.ernst@ngc.com

FAQ

What is the dividend amount declared by Northrop Grumman?

Northrop Grumman declared a quarterly dividend of $1.57 per share.

When is the dividend payment date for Northrop Grumman?

The dividend is payable on December 15, 2021.

What is the record date for Northrop Grumman's dividend?

The record date for the dividend is November 29, 2021.

How often does Northrop Grumman pay dividends?

Northrop Grumman typically pays dividends quarterly.

Is Northrop Grumman's dividend sustainable?

The sustainability of Northrop Grumman's dividend can be assessed through their financial performance and cash flow.