This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Northrop Grumman Announces 11 Percent Dividend Increase To $0.61 Per Share

FALLS CHURCH, Va., May 15, 2013 /PRNewswire/ -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $0.61 per share on Northrop Grumman common stock, an 11 percent increase from the prior quarterly dividend of $0.55 per share. This is the tenth consecutive annual increase in Northrop Grumman's quarterly common stock dividend. The dividend is payable June 12, 2013, to shareholders of record as of the close of business May 28, 2013.

(Logo:  http://photos.prnewswire.com/prnh/20121024/LA98563LOGO)

"Today's double-digit dividend increase demonstrates our continued commitment to a balanced cash deployment strategy that includes a competitive dividend," said Wes Bush, chairman, chief executive officer and president.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cybersecurity, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

SOURCE Northrop Grumman Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs