Northrop Grumman Corporation (NYSE:NOC) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 1.45 per share is scheduled to be paid on December 16, 2020. The dividend yield based on the latest trading day closing price was 1.87 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 27, 2020.
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Northrop Grumman Corporation recently reported third quarter financial results on October 22, 2020, before market open, manufacturer of aerospace/defense products posted income for the third quarter of $ 5.89 per share, from the revenue of $ 9,083.00 million. The quarterly earnings expanded 7.29 percent while revenues surged 7.17 percent compared with the same quarter last year.
Street analysts expected Northrop Grumman Corporation recently reported third quarter financial results on October 22, 2020, before market open, manufacturer of aerospace/defense products to report income of $ 5.64 per share on revenue of $ 8864.89 million for the third quarter. The bottom line results beat street analysts by $ 0.25 or 4.43 percent, at the same time, top line results outshined analysts by $ 218.11 million or 2.46 percent.
Shares of Northrop Grumman Corporation traded low $ -1.12 or -0.36 percent on Thursday, reaching $ 309.48 with volume of 681.00 thousand shares. Northrop Grumman Corporation has traded high as $ 311.87 and has cracked $ 306.92 on the downward trend
According to the previous trading day, closing price of $ 309.48, representing a 17.96 % increase from the 52 week low of $ 263.31 and a 19.33 % decrease over the 52 week high of $ 385.01.
The company has a market capital of $ 51.60 billion and is part of the Industrials sector and Aerospace & Defense industry.
Northrop Grumman Corporation operates as a security company. It provides various systems, products, and solutions in autonomous systems, cyber, space, strike, and logistics and modernization, as well as in command, control, communications and computers, intelligence, surveillance, and reconnaissance (C4ISR) to customers worldwide. The company operates Aerospace Systems, Innovation Systems, Mission Systems, and Technology Services segments.