Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Northrop Grumman (NOC) — Dividend Profile
Industrials·Industrial Machinery/Components
11y payment streakActiveQuarterly
Forward Yield
1.81%
@ $545.17
TTM Yield
1.72%
Forward Annual
$9.88
Quarterly
Market Cap
$74.7b
Payout (FCF)
40%
2.5x covered
Payout (Earnings)
29%
Latest Amount
$2.4700
Ex 2026-06-01
3y CAGR
-13.3%
5y CAGR
-4.9%
10y CAGR
10.3%
Next Ex-Date
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (3.06)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (35.6%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
2.50×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: -1.4%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
-0.35%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
88%
21 of 24 events recovered within 90 days
Median Recovery Time
6 days
3 – 14 days IQR
Avg Capture Yield
0.40%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (39)
Ex-DateAmountFrequencyPay DateType
2026-06-01$2.4700Quarterly2026-06-17recurring
2026-02-23$2.3100Quarterly2026-03-11recurring
2025-12-01$2.3100Quarterly2025-12-17recurring
2025-09-02$2.3100Quarterly2025-09-17recurring
2025-03-03$2.0600Quarterly2025-03-19recurring
2024-12-02$2.0600Quarterly2024-12-18recurring
2024-09-03$2.0600Quarterly2024-09-18recurring
2024-05-24$2.0600Quarterly2024-06-12recurring
2024-02-23$1.8700Quarterly2024-03-13recurring
2023-11-24$1.8700Quarterly2023-12-13recurring
2023-08-25$1.8700Quarterly2023-09-13recurring
2023-05-26$1.8700Quarterly2023-06-14recurring
2023-02-24$1.7300Quarterly2023-03-15recurring
2022-11-25$1.7300Quarterly2022-12-14recurring
2022-08-26$1.7300Quarterly2022-09-14recurring
2022-05-27$1.7300Quarterly2022-06-15recurring
2022-02-25$1.5700Quarterly2022-03-16recurring
2021-11-26$1.5700Quarterly2021-12-15recurring
2021-08-27$1.5700Quarterly2021-09-15recurring
2021-05-28$1.5700Quarterly2021-06-16recurring
2021-02-26$1.4500Quarterly2021-03-17recurring
2020-11-27$1.4500Quarterly2020-12-16recurring
2020-08-28$1.4500Quarterly2020-09-16recurring
2020-05-29$1.4500Quarterly2020-06-17recurring
2020-02-21$1.3200Quarterly2020-03-11recurring
2019-11-29$1.3200Quarterly2019-12-18recurring
2019-09-06$1.3200Quarterly2019-09-25recurring
2019-05-31$1.3200Quarterly2019-06-19recurring
2019-02-22$1.2000Quarterly2019-03-13recurring
2018-11-30$1.2000Quarterly2018-12-19recurring
2018-08-24$1.2000Quarterly2018-09-12recurring
2018-06-01$1.2000Quarterly2018-06-20recurring
2018-03-02$1.1000Quarterly2018-03-21recurring
2017-12-01$1.0000Quarterly2017-12-20recurring
2017-08-24$1.0000Quarterly2017-09-13recurring
2017-06-01$1.0000Quarterly2017-06-21recurring
2017-03-02$0.9000Quarterly2017-03-22recurring
2016-12-01$0.9000Quarterly2016-12-21recurring
2016-08-25$0.9000Quarterly2016-09-14recurring