Northrop Grumman (NOC) Raises Quarterly Dividend 14.3% to $0.80; 2% Yield

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Northrop Grumman Announces 14 Percent Dividend Increase to $0.80 per Share

May 20, 2015 7:00 AM EDT

FALLS CHURCH, Va., May 20, 2015 /PRNewswire/ -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $0.80 per share on Northrop Grumman common stock, a 14 percent increase from the prior quarterly dividend of $0.70 per share. This is the 12th consecutive annual increase in Northrop Grumman's common stock dividend. The dividend is payable June 17, 2015, to shareholders of record as of the close of business June 1, 2015.

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