Northrop Grumman Dividend and Recent Developments: Key Insights Before Jun 2, 2025

Northrop Grumman Corporation (NOC) has announced its latest dividend details, declaring a cash dividend of $2.31 per share. This will be distributed on Jun 18, 2025, with an ex-dividend date of Jun 2, 2025. This amount reflects a notable increase compared to the average of the last ten dividends, which stood at approximately $0.605 per share. Previously, on Mar 19, 2025, the company issued a dividend of $2.06 per share. These developments highlight Northrop Grumman's ongoing commitment to deliver value to its shareholders through consistent dividend payouts.

In recent news, Northrop Grumman has made a significant $50 million investment in Firefly Aerospace, a move aimed at bolstering production capabilities and fostering advancements in space technology. This collaboration underscores Northrop Grumman’s strategic focus on enhancing its presence in the aerospace sector. Additionally, the company has issued $1 billion in senior notes, consisting of $500 million in 4.650% senior notes due 2030 and $500 million in 5.250% senior notes due 2035. This financial maneuver is part of Northrop Grumman's broader strategy to strengthen its capital structure and support future growth initiatives.

Over the past week, Northrop Grumman has achieved a major milestone in its collaboration with Firefly Aerospace by naming their co-developed rocket, Eclipse. This medium launch vehicle is set to transform space operations with its impressive payload capacities and advanced technology. The partnership leverages Northrop Grumman’s Antares avionics and Firefly’s Alpha rocket technologies, aiming to address market needs, including space station resupply and national security missions, by 2026. The announcement of the Eclipse rocket, along with continued investments in its development, marks a significant step forward for both companies in the competitive aerospace industry.

In conclusion, Northrop Grumman's recent financial maneuvers and strategic investments signify robust growth prospects and a solid commitment to innovation. As the ex-dividend date of Jun 2, 2025, approaches, it is crucial for investors to note that this date is the last opportunity to purchase shares and still qualify for the upcoming dividend. Any acquisition of stock after this date will not be eligible for the current dividend payout.