NOC  Northrop Grumman Corporation

Exchange

NYSE

Sector

Capital Goods

Industry

Industrial Machinery/Components

Market Cap.

19.157B

Very Strong Dividend History over the past 10 years

NOC has consistently distributed a dividend for at least the past 10 years. Such a long dividend history suggests NOC is very established in its market and that its dividend distribution is likely to continue for a significant period of time.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Dividend Paid 205.00M 305.00M 322.00M 359.00M 402.00M 504.00M 525.00M 539.00M 545.00M 543.00M
divided by
Shares Outstanding 234.86M 368.36M 365.00M 363.20M 358.60M 354.30M 334.50M 323.30M 301.10M 281.60M
Dividend Paid Per Share 0.87 0.83 0.88 0.99 1.12 1.42 1.57 1.67 1.81 1.93
Price at Year End 35.15 35.26 40.79 45.94 52.66 62.38 36.66 47.10 56.36 57.99
Dividend Yield 2.48% 2.35% 2.16% 2.15% 2.13% 2.28% 4.28% 3.54% 3.21% 3.33%

Strong History of Stock Buybacks over the past 10 years

NOC has a strong history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Shares Outstanding 234.86M 368.36M 365.00M 363.20M 358.60M 354.30M 334.50M 323.30M 301.10M 281.60M
Stock Bought Back - -36.24% 0.92% 0.50% 1.28% 1.21% 5.92% 3.46% 7.37% 6.92%