Northrop Grumman Rewards Shareholders With 12% Dividend Hike

Northrop Grumman Corp. (NOC) recently announced that its board of directors has approved a 12.1% hike in its quarterly dividend to $2.31 per share, marking its 22nd consecutive annual dividend hike. The revised quarterly dividend is payable on June 18, 2025, to shareholders of record at the close of business on June 2.Following the recent hike, Northrop Grumman will now pay annual dividend of 9.24 per share. This represents an annual dividend yield of 1.94$476.60 as of May 2 ...