Northrop Grumman Board Increases Quarterly Dividend 10 Percent to $1.32

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Price: $510.52 +0.30%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 1.8%
Revenue Growth %: +6.8%

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FALLS CHURCH, Va., May 14, 2019 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.32 per share on Northrop Grumman common stock, payable June 19, 2019, to shareholders of record as of the close of business June 3, 2019.

“Today’s dividend increase demonstrates our continued commitment to a capital deployment strategy that includes returning cash to our shareholders through a competitive dividend,” said Kathy Warden, chief executive officer and president.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.

Contact:Tim Paynter (Media)703-280-2720[email protected]

Steve Movius (Investors)703-280-4575[email protected]