Northrop Grumman Increases Quarterly Dividend 10 Percent to $1.10 per Share
25 Janvier 2018 - 12:37PM
The board of directors of Northrop Grumman Corporation (NYSE:NOC)
declared a quarterly dividend of $1.10 per share on Northrop
Grumman common stock, a 10 percent increase from the prior
quarterly dividend of $1.00 per share. The dividend is payable
March 21, 2018, to shareholders of record as of the close of
business March 5, 2018.
This off-cycle dividend increase is a part of a broader set of
capital deployment actions announced today by the company,
including additional capital investments and employee benefits. The
company expects to return to its annual dividend evaluation cycle
in May of 2018. Additional details will be provided on
the Northrop Grumman earnings conference call at noon Eastern time
on Jan. 25, 2018. A live audio broadcast of the
conference call will be available on the investor relations page of
the company’s website at www.northropgrumman.com
Northrop Grumman is a leading global security company providing
innovative systems, products and solutions in autonomous systems,
cyber, C4ISR, 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
timothy.paynter@ngc.com
Steve Movius (Investors)703-280-4575steve.movius@ngc.com
Northrop Grumman (NYSE:NOC)
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