NOC – Dividend Returns, History & Calculator
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, the Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, sustains, and moder
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
Calculate your NOC Dividend Returns
Quickly and easily calculate NOC dividend yield using our NOC calculator. Adjust the fields below to see how your NOC investments snowball over time.
Portfolio Growth Over Time
Data last updated: November 27, 2025 1:11 am
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 18 | $567.11 | $2.31 | 1.63% | 1.63% | $176 | $176 | 20 | $11,376 |
| 2 | $12,706 | 20 | $633.42 | $2.57 | 1.62% | 1.81% | $220 | $396 | 22 | $14,126 |
| 3 | $15,778 | 22 | $707.49 | $2.86 | 1.61% | 2.01% | $268 | $664 | 24 | $17,246 |
| 4 | $19,263 | 24 | $790.22 | $3.18 | 1.61% | 2.24% | $324 | $988 | 26 | $20,786 |
| 5 | $23,217 | 26 | $882.62 | $3.53 | 1.60% | 2.49% | $386 | $1,374 | 28 | $24,803 |
| 6 | $27,703 | 28 | $985.82 | $3.93 | 1.59% | 2.77% | $456 | $1,829 | 30 | $29,359 |
| 7 | $32,792 | 30 | $1,101.10 | $4.36 | 1.59% | 3.08% | $535 | $2,364 | 31 | $34,527 |
| 8 | $38,564 | 31 | $1,229.85 | $4.85 | 1.58% | 3.42% | $624 | $2,988 | 33 | $40,388 |
| 9 | $45,111 | 33 | $1,373.66 | $5.40 | 1.57% | 3.81% | $725 | $3,713 | 34 | $47,035 |
| 10 | $52,535 | 34 | $1,534.28 | $6.00 | 1.56% | 4.23% | $838 | $4,551 | 36 | $54,574 |
NOC Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 09/02/2025 | 09/02/2025 | $2.31 | 1.48% | 1.57% | $589.32 |
| 06/02/2025 | 06/02/2025 | $2.31 | 1.76% | 1.91% | $483.38 |
| 03/03/2025 | 03/03/2025 | $2.06 | 1.74% | 1.74% | $473.41 |
| 12/02/2024 | 12/02/2024 | $2.06 | 1.66% | 1.70% | $484.75 |
| 09/03/2024 | 09/03/2024 | $2.06 | 1.50% | 1.58% | $522.69 |
| 05/24/2024 | 05/24/2024 | $2.06 | 1.64% | 1.77% | $466.43 |
| 02/23/2024 | 02/23/2024 | $1.87 | 1.62% | 1.62% | $461.10 |
| 11/24/2023 | 11/24/2023 | $1.87 | 1.56% | 1.59% | $471.52 |
| 08/25/2023 | 08/25/2023 | $1.87 | 1.68% | 1.74% | $429.56 |
| 05/26/2023 | 05/26/2023 | $1.87 | 1.61% | 1.71% | $438.32 |
| 02/24/2023 | 02/24/2023 | $1.73 | 1.47% | 1.47% | $470.91 |
| 11/25/2022 | 11/25/2022 | $1.73 | 1.28% | 1.31% | $527.83 |
| 08/26/2022 | 08/26/2022 | $1.73 | 1.36% | 1.43% | $485.13 |
| 05/27/2022 | 05/27/2022 | $1.73 | 1.37% | 1.47% | $470.76 |
| 02/25/2022 | 02/25/2022 | $1.57 | 1.53% | 1.53% | $409.67 |
| 11/26/2021 | 11/26/2021 | $1.57 | 1.74% | 1.77% | $353.98 |
| 08/27/2021 | 08/27/2021 | $1.57 | 1.66% | 1.72% | $364.84 |
| 05/28/2021 | 05/28/2021 | $1.57 | 1.62% | 1.72% | $365.87 |
| 02/26/2021 | 02/26/2021 | $1.45 | 1.99% | 1.99% | $291.66 |
| 11/27/2020 | 11/27/2020 | $1.45 | 1.85% | 1.90% | $306.03 |
NOC 10-yr Total Return ($10,000 invested)
This analysis of NOC demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 14.3% CAGR, representing strong long-term performance. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (NOC)
Over the selected period, investing $10,000 in NOC would grow to $42,177 with DRIP (321.8%), and $39,091 without DRIP (290.9%).
NOC Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in NOC with historic price growth (11.69%) and dividend growth (11.19%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $230,691
Annual Dividend: $3,432
Yield on Cost: 10.09%
Total Dividends: $22,768
Portfolio: $199,114
Total Dividends: $19,160
After 30 Years
Your Investment: $46,000
Portfolio: $823,496
Annual Dividend: $11,707
Yield on Cost: 25.45%
Total Dividends: $86,821
Portfolio: $631,407
Total Dividends: $65,585
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $7,708 against a total investment of $25,600. At this point, your portfolio is throwing off $1,392 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,348, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $22,768 versus $34,000 invested, nearly a 67% recovery of capital purely from income. Yield on cost reaches 10.09%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $6,372 is greater than total contributions to date ($40,000), and cumulative dividends exceed $45,284.
By year 30, the DRIP snowball is in full force. Yearly income reaches $11,707, cumulative dividends total $86,821, and the DRIP portfolio value stands at $823,496, compared with $631,407 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for NOC, price $567.11, dividend per period $2.31 (4x/year), along with historic growth assumptions: price growth 11.69% and dividend growth 11.19% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for NOC
Based on past 10-year performance, here are NOC growth metrics:
Using NOC CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
| NOC (DRIP) | NOC (No DRIP) | |
|---|---|---|
| Current Price | $565.00 | $565.00 |
| Start Shares | 17.70 | 17.70 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 20.25 | 17.70 |
| Dividends Payment | $26.92 | $26.92 |
| Annual Dividends | $539 | $476 |
| Yield on cost | 5.39% | 4.76% |
| Share Price | $2,335.03 | $2,335.03 |
| Total Dividends | $3,332 | $3,086 |
| Final Value | $47,287 | $44,413 |
Estimated Future Value + Dividends – NOC
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5âyear rolling average overlay. Helps compare current yield versus recent history across different ranges.
NOC Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 09/02/2025 | 09/02/2025 | $2.31 | 1.48% | 1.57% | $589.32 |
| 06/02/2025 | 06/02/2025 | $2.31 | 1.76% | 1.91% | $483.38 |
| 03/03/2025 | 03/03/2025 | $2.06 | 1.74% | 1.74% | $473.41 |
| 12/02/2024 | 12/02/2024 | $2.06 | 1.66% | 1.70% | $484.75 |
| 09/03/2024 | 09/03/2024 | $2.06 | 1.50% | 1.58% | $522.69 |
| 05/24/2024 | 05/24/2024 | $2.06 | 1.64% | 1.77% | $466.43 |
| 02/23/2024 | 02/23/2024 | $1.87 | 1.62% | 1.62% | $461.10 |
| 11/24/2023 | 11/24/2023 | $1.87 | 1.56% | 1.59% | $471.52 |
| 08/25/2023 | 08/25/2023 | $1.87 | 1.68% | 1.74% | $429.56 |
| 05/26/2023 | 05/26/2023 | $1.87 | 1.61% | 1.71% | $438.32 |
| 02/24/2023 | 02/24/2023 | $1.73 | 1.47% | 1.47% | $470.91 |
| 11/25/2022 | 11/25/2022 | $1.73 | 1.28% | 1.31% | $527.83 |
| 08/26/2022 | 08/26/2022 | $1.73 | 1.36% | 1.43% | $485.13 |
| 05/27/2022 | 05/27/2022 | $1.73 | 1.37% | 1.47% | $470.76 |
| 02/25/2022 | 02/25/2022 | $1.57 | 1.53% | 1.53% | $409.67 |
| 11/26/2021 | 11/26/2021 | $1.57 | 1.74% | 1.77% | $353.98 |
| 08/27/2021 | 08/27/2021 | $1.57 | 1.66% | 1.72% | $364.84 |
| 05/28/2021 | 05/28/2021 | $1.57 | 1.62% | 1.72% | $365.87 |
| 02/26/2021 | 02/26/2021 | $1.45 | 1.99% | 1.99% | $291.66 |
| 11/27/2020 | 11/27/2020 | $1.45 | 1.85% | 1.90% | $306.03 |
| 08/28/2020 | 08/28/2020 | $1.45 | 1.61% | 1.68% | $344.75 |
| 05/29/2020 | 05/29/2020 | $1.45 | 1.61% | 1.73% | $335.20 |
| 02/21/2020 | 02/21/2020 | $1.32 | 1.45% | 1.45% | $365.01 |
| 11/29/2019 | 11/29/2019 | $1.32 | 1.47% | 1.50% | $351.77 |
| 09/06/2019 | 09/06/2019 | $1.32 | 1.37% | 1.44% | $367.77 |
| 05/31/2019 | 05/31/2019 | $1.32 | 1.62% | 1.74% | $303.25 |
| 02/22/2019 | 02/22/2019 | $1.20 | 1.66% | 1.66% | $288.71 |
| 11/30/2018 | 11/30/2018 | $1.20 | 1.81% | 1.85% | $259.88 |
| 08/24/2018 | 08/24/2018 | $1.20 | 1.51% | 1.61% | $298.04 |
| 06/01/2018 | 06/01/2018 | $1.20 | 1.30% | 1.45% | $329.99 |
| 03/02/2018 | 03/02/2018 | $1.10 | 1.20% | 1.28% | $343.05 |
| 12/01/2017 | 12/01/2017 | $1.00 | 1.30% | 1.34% | $299.63 |
| 08/24/2017 | 08/24/2017 | $1.00 | 1.42% | 1.49% | $268.54 |
| 06/01/2017 | 06/01/2017 | $1.00 | 1.44% | 1.55% | $257.61 |
| 03/02/2017 | 03/02/2017 | $0.900 | 1.48% | 1.48% | $243.07 |
| 12/01/2016 | 12/01/2016 | $0.900 | 1.41% | 1.45% | $249.07 |
| 08/25/2016 | 08/25/2016 | $0.900 | 1.59% | 1.69% | $213.44 |
| 06/02/2016 | 06/02/2016 | $0.900 | 1.55% | 1.69% | $213.38 |
| 02/25/2016 | 02/25/2016 | $0.800 | 1.66% | 1.66% | $192.93 |
| 11/25/2015 | 11/25/2015 | $0.800 | 1.65% | 1.70% | $187.77 |
| 08/27/2015 | 08/27/2015 | $0.800 | 1.80% | 1.92% | $167.08 |
| 05/28/2015 | 05/28/2015 | $0.800 | 1.81% | 1.99% | $160.48 |
| 02/26/2015 | 02/26/2015 | $0.700 | 1.68% | 1.68% | $166.31 |
| 11/26/2014 | 11/26/2014 | $0.700 | 1.92% | 1.98% | $141.45 |
| 08/28/2014 | 08/28/2014 | $0.700 | 2.06% | 2.21% | $126.88 |
| 05/29/2014 | 05/29/2014 | $0.700 | 2.10% | 2.33% | $120.20 |
| 02/27/2014 | 02/27/2014 | $0.610 | 2.03% | 2.03% | $120.02 |
| 11/27/2013 | 11/27/2013 | $0.610 | 2.09% | 2.14% | $113.95 |
| 08/29/2013 | 08/29/2013 | $0.610 | 2.49% | 2.62% | $93.06 |
| 05/23/2013 | 05/23/2013 | $0.610 | 2.80% | 3.03% | $80.64 |
| 02/28/2013 | 02/28/2013 | $0.550 | 3.35% | 3.35% | $65.68 |
| 11/21/2012 | 11/21/2012 | $0.550 | 3.31% | 3.39% | $64.93 |
| 08/23/2012 | 08/23/2012 | $0.550 | 3.14% | 3.29% | $66.92 |
| 05/23/2012 | 05/23/2012 | $0.550 | 3.50% | 3.75% | $58.64 |
| 02/23/2012 | 02/23/2012 | $0.500 | 3.35% | 3.35% | $59.62 |
| 11/23/2011 | 11/23/2011 | $0.500 | 3.63% | 3.78% | $52.97 |
| 08/25/2011 | 08/25/2011 | $0.500 | 3.61% | 3.90% | $51.24 |
| 05/26/2011 | 05/26/2011 | $0.500 | 2.76% | 3.11% | $64.36 |
| 02/24/2011 | 02/24/2011 | $0.425 | 2.81% | 2.81% | $60.53 |
| 11/24/2010 | 11/24/2010 | $0.425 | 2.96% | 3.02% | $56.20 |
| 08/26/2010 | 08/26/2010 | $0.425 | 3.30% | 3.44% | $49.35 |
| 05/27/2010 | 05/27/2010 | $0.425 | 2.88% | 3.08% | $55.14 |
| 02/25/2010 | 02/25/2010 | $0.389 | 2.81% | 2.81% | $55.22 |
| 11/25/2009 | 11/25/2009 | $0.389 | 3.02% | 3.08% | $50.51 |
| 08/27/2009 | 08/27/2009 | $0.389 | 3.37% | 3.49% | $44.57 |
| 05/28/2009 | 05/28/2009 | $0.389 | 3.40% | 3.59% | $43.33 |
| 02/26/2009 | 02/26/2009 | $0.361 | 4.06% | 4.06% | $35.62 |
| 11/26/2008 | 11/26/2008 | $0.361 | 3.90% | 3.97% | $36.38 |
| 08/21/2008 | 08/21/2008 | $0.361 | 2.22% | 2.31% | $62.69 |
| 05/29/2008 | 05/29/2008 | $0.361 | 2.02% | 2.14% | $67.63 |
| 02/28/2008 | 02/28/2008 | $0.334 | 1.85% | 1.85% | $72.25 |
| 11/21/2007 | 11/21/2007 | $0.334 | 1.89% | 1.89% | $70.67 |
| 08/23/2007 | 08/23/2007 | $0.334 | 1.84% | 1.94% | $69.10 |
| 05/24/2007 | 05/24/2007 | $0.334 | 1.79% | 1.97% | $67.83 |
| 03/01/2007 | 03/01/2007 | $0.334 | 1.76% | 2.05% | $65.26 |
| 11/22/2006 | 11/22/2006 | $0.271 | 1.76% | 1.82% | $59.69 |
| 08/24/2006 | 08/24/2006 | $0.271 | 1.70% | 1.82% | $59.50 |
| 05/25/2006 | 05/25/2006 | $0.271 | 1.65% | 1.84% | $59.04 |
| 02/23/2006 | 02/23/2006 | $0.235 | 1.59% | 1.59% | $58.99 |
| 11/23/2005 | 11/23/2005 | $0.235 | 1.79% | 1.84% | $51.04 |
| 08/25/2005 | 08/25/2005 | $0.235 | 1.76% | 1.87% | $50.33 |
| 05/26/2005 | 05/26/2005 | $0.235 | 1.72% | 1.88% | $50.01 |
| 02/24/2005 | 02/24/2005 | $0.208 | 1.76% | 1.76% | $47.30 |
| 11/24/2004 | 11/24/2004 | $0.208 | 1.57% | 1.63% | $51.08 |
| 08/26/2004 | 08/26/2004 | $0.208 | 1.66% | 1.78% | $46.67 |
| 05/20/2004 | 05/20/2004 | $0.208 | 1.67% | 1.85% | $44.93 |
| 02/26/2004 | 02/26/2004 | $0.181 | 1.58% | 1.58% | $45.83 |
| 11/26/2003 | 11/26/2003 | $0.181 | 1.72% | 1.72% | $41.98 |
| 08/29/2003 | 08/29/2003 | $0.181 | 1.68% | 1.68% | $43.13 |
| 05/30/2003 | 05/30/2003 | $0.181 | 1.82% | 1.82% | $39.62 |
| 02/27/2003 | 02/27/2003 | $0.181 | 1.84% | 1.84% | $39.30 |
| 11/27/2002 | 11/27/2002 | $0.181 | 1.63% | 1.63% | $44.30 |
| 08/29/2002 | 08/29/2002 | $0.181 | 1.30% | 1.30% | $55.45 |
| 05/23/2002 | 05/23/2002 | $0.181 | 1.30% | 1.30% | $55.46 |
| 02/28/2002 | 02/28/2002 | $0.181 | 1.49% | 1.49% | $48.36 |
| 11/29/2001 | 11/29/2001 | $0.181 | 1.71% | 1.71% | $42.17 |
| 08/23/2001 | 08/23/2001 | $0.181 | 1.97% | 1.97% | $36.77 |
| 05/24/2001 | 05/24/2001 | $0.181 | 1.85% | 1.85% | $39.12 |
| 03/01/2001 | 03/01/2001 | $0.181 | 1.70% | 1.70% | $42.55 |
| 11/22/2000 | 11/22/2000 | $0.181 | 1.97% | 1.97% | $36.65 |
| 08/24/2000 | 08/24/2000 | $0.181 | 2.10% | 2.10% | $34.39 |
| 05/25/2000 | 05/25/2000 | $0.181 | 2.15% | 2.15% | $33.63 |
| 02/24/2000 | 02/24/2000 | $0.181 | 3.48% | 3.48% | $20.75 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarterâoverâquarter and yearâoverâyear changes for additional context.
Price to Earnings
NOC trades at a 76.6x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
NOC trades at a 8.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
NOC generated $10.4B in revenue. Revenue has grown by 17% over the period.
Net Income
NOC reported $1.1B in net income. Net income has declined by 37% over the period.
Revenue vs Net Income
NOC generated $10.4B in revenue with net income of $1.1B, representing a 10.6% net profit margin.
Gross Profit
NOC achieved $8.3B in gross profit, showing revenue after direct production costs.
Operating Income
NOC generated $3.6B in operating income, representing profit from core business operations.
EBITDA
NOC generated $4.2B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
NOC generated $1.3B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
NOC generated $0.9B in free cash flow. Free cash flow has decreased by 47% over the period.
Free Cash Flow / Share
NOC generates $6.31 in free cash flow per share. FCF per share has declined by 47% over the period.
Earnings Per Share (EPS)
NOC reported $7.71 in earnings per share. EPS has declined by 37% over the period.
Return on Equity (ROE)
NOC delivered a 8.8% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
NOC achieved a 5.3% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
NOC maintains a 10.6% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
NOC operates with a 79.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
NOC holds $1.6B in cash against $0.5B in debt, resulting in a net cash position of $1.0B.
Shares Outstanding
NOC has 0.1B shares outstanding.
Stock-Based Comp
NOC reported $0.3B in stock-based compensation. Over the period, stock-based compensation has increased by 17%.
FCF vs Stock Based Comp
NOC generated $0.9B in free cash flow while spending $0.3B on stock-based compensation, representing 29% of FCF.
FCF vs FCF / Share
NOC reported $0.9B in free cash flow, translating to $6.31 per share.
Revenue: Actual + Estimates
This chart tracks NOC revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks NOC eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks NOC net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks NOC ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
