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Arphra AIPlain-English read on Northrop Grumman Corporation’s valuationCapital return
A buyback story, not a dividend one
Dividend yield — on a — payout, with buybacks adding ~2.25%. Total shareholder yield ≈ 2.25%. Source dividends · key_metrics_ttm.
Dividend yield
—
fwd · $2.31 quarterly
Payout ratio
—
of trailing EPS
Buyback yield
2.25%
repurchases / mkt cap
5Y div CAGR
-24%
per-year
Dividend history
· dividendsRecent payments
FY22FY23FY24FY25FY26
- FY26$2.31quarterlyFeb 23, 2026
- FY25$2.31quarterlyDec 01, 2025
- FY25$2.31quarterlySep 02, 2025
- FY25$2.31quarterlyJun 02, 2025
- FY25$2.06quarterlyMar 03, 2025
- FY24$2.06quarterlyDec 02, 2024
- FY24$2.06quarterlySep 03, 2024
- FY24$2.06quarterlyMay 24, 2024
Most recent · declared
DeclarationFeb 10, 2026
Ex-dividendFeb 23, 2026
RecordFeb 23, 2026
PayableMar 11, 2026
Amount$2.31 / sh
Identifiers
TickerNOC-US
Exchange—
CurrencyUSD
FrequencyQuarterly
Disclaimer
Arphra is for informational purposes only and is not financial, investment, tax, or legal advice. Quotes are delayed where applicable. Past performance does not predict future results. Backtests, scenario stress tests, and AI-generated commentary use stylized assumptions and may differ substantially from realized outcomes. The estimates and verdicts shown here are model outputs, not recommendations to transact. Verify against primary sources before relying on any number.
Yield · TTM
—
Payout ratio
—
Of net income
Trailing 12mo
$6.93
Per share
Dividend CAGR · 4y
-23.54%
Streak
11 yrs
Achiever
Frequency
Quarterly
Inferred from cadence
TTM dividend / share
DB · dividends$0.90 → $11.30+1155.6%Jun 2016Feb 2026
Latest dividend
Amount$2.3100
Adjusted$2.3100
Ex-dateFeb 23, 2026
Record dateFeb 23, 2026
Payment dateMar 11, 2026
FrequencyQuarterly
Annual totals
| Year | Total / share | YoY | Histogram |
|---|---|---|---|
| 2026 | $2.31 | -74.30% | |
| 2025 | $8.99 | +11.68% | |
| 2024 | $8.05 | +9.67% | |
| 2023 | $7.34 | +8.58% | |
| 2022 | $6.76 | +9.74% | |
| 2021 | $6.16 | +8.64% | |
| 2020 | $5.67 | +9.88% | |
| 2019 | $5.16 | — |
Dividend history
| Ex-date | Dividend | Adj. | Record date | Payment date | Frequency |
|---|---|---|---|---|---|
| Feb 23, 2026 | $2.3100 | $2.3100 | Feb 23, 2026 | Mar 11, 2026 | Quarterly |
| Dec 01, 2025 | $2.3100 | $2.3100 | Dec 01, 2025 | Dec 17, 2025 | Quarterly |
| Sep 02, 2025 | $2.3100 | $2.3100 | Sep 02, 2025 | Sep 17, 2025 | Quarterly |
| Jun 02, 2025 | $2.3100 | $2.3100 | Jun 02, 2025 | Jun 18, 2025 | Quarterly |
| Mar 03, 2025 | $2.0600 | $2.0600 | Mar 03, 2025 | Mar 19, 2025 | Quarterly |
| Dec 02, 2024 | $2.0600 | $2.0600 | Dec 02, 2024 | Dec 18, 2024 | Quarterly |
| Sep 03, 2024 | $2.0600 | $2.0600 | Sep 03, 2024 | Sep 18, 2024 | Quarterly |
| May 24, 2024 | $2.0600 | $2.0600 | May 28, 2024 | Jun 12, 2024 | Quarterly |
| Feb 23, 2024 | $1.8700 | $1.8700 | Feb 26, 2024 | Mar 13, 2024 | Quarterly |
| Nov 24, 2023 | $1.8700 | $1.8700 | Nov 27, 2023 | Dec 13, 2023 | Quarterly |
| Aug 25, 2023 | $1.8700 | $1.8700 | Aug 28, 2023 | Sep 13, 2023 | Quarterly |
| May 26, 2023 | $1.8700 | $1.8700 | May 30, 2023 | Jun 14, 2023 | Quarterly |
| Feb 24, 2023 | $1.7300 | $1.7300 | Feb 27, 2023 | Mar 15, 2023 | Quarterly |
| Nov 25, 2022 | $1.7300 | $1.7300 | Nov 28, 2022 | Dec 14, 2022 | Quarterly |
| Aug 26, 2022 | $1.7300 | $1.7300 | Aug 29, 2022 | Sep 14, 2022 | Quarterly |
| May 27, 2022 | $1.7300 | $1.7300 | May 31, 2022 | Jun 15, 2022 | Quarterly |
| Feb 25, 2022 | $1.5700 | $1.5700 | Feb 28, 2022 | Mar 16, 2022 | Quarterly |
| Nov 26, 2021 | $1.5700 | $1.5700 | Nov 29, 2021 | Dec 15, 2021 | Quarterly |
| Aug 27, 2021 | $1.5700 | $1.5700 | Aug 30, 2021 | Sep 15, 2021 | Quarterly |
| May 28, 2021 | $1.5700 | $1.5700 | Jun 01, 2021 | Jun 16, 2021 | Quarterly |
| Feb 26, 2021 | $1.4500 | $1.4500 | Mar 01, 2021 | Mar 17, 2021 | Quarterly |
| Nov 27, 2020 | $1.4500 | $1.4500 | Nov 30, 2020 | Dec 16, 2020 | Quarterly |
| Aug 28, 2020 | $1.4500 | $1.4500 | Aug 31, 2020 | Sep 16, 2020 | Quarterly |
| May 29, 2020 | $1.4500 | $1.4500 | Jun 01, 2020 | Jun 17, 2020 | Quarterly |
| Feb 21, 2020 | $1.3200 | $1.3200 | Feb 24, 2020 | Mar 11, 2020 | Quarterly |
| Nov 29, 2019 | $1.3200 | $1.3200 | Dec 02, 2019 | Dec 18, 2019 | Quarterly |
| Sep 06, 2019 | $1.3200 | $1.3200 | Sep 09, 2019 | Sep 25, 2019 | Quarterly |
| May 31, 2019 | $1.3200 | $1.3200 | Jun 03, 2019 | Jun 19, 2019 | Quarterly |
| Feb 22, 2019 | $1.2000 | $1.2000 | Feb 25, 2019 | Mar 13, 2019 | Quarterly |
| Nov 30, 2018 | $1.2000 | $1.2000 | Dec 03, 2018 | Dec 19, 2018 | Quarterly |
| Aug 24, 2018 | $1.2000 | $1.2000 | Aug 27, 2018 | Sep 12, 2018 | Quarterly |
| Jun 01, 2018 | $1.2000 | $1.2000 | Jun 04, 2018 | Jun 20, 2018 | Quarterly |
| Mar 02, 2018 | $1.1000 | $1.1000 | Mar 05, 2018 | Mar 21, 2018 | Quarterly |
| Dec 01, 2017 | $1.0000 | $1.0000 | Dec 04, 2017 | Dec 20, 2017 | Quarterly |
| Aug 24, 2017 | $1.0000 | $1.0000 | Aug 28, 2017 | Sep 13, 2017 | Quarterly |
| Jun 01, 2017 | $1.0000 | $1.0000 | Jun 05, 2017 | Jun 21, 2017 | Quarterly |
| Mar 02, 2017 | $0.9000 | $0.9000 | Mar 06, 2017 | Mar 22, 2017 | Quarterly |
| Dec 01, 2016 | $0.9000 | $0.9000 | Dec 05, 2016 | Dec 21, 2016 | Quarterly |
| Aug 25, 2016 | $0.9000 | $0.9000 | Aug 29, 2016 | Sep 14, 2016 | Quarterly |
| Jun 02, 2016 | $0.9000 | $0.9000 | Jun 06, 2016 | Jun 22, 2016 | Quarterly |
5 stock splits on file — see the Corp actions tab.