NOC Northrop Grumman Corporation
Exchange
NYSESector
Capital GoodsIndustry
Industrial Machinery/ComponentsMarket 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
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| 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
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| 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% |


