Dividend and Recent Updates on Northrop Grumman: Essential Insights Before Its Sep 2, 2025 Ex-Dividend Date

Northrop Grumman (NOC) has scheduled its next cash dividend distribution for Sep 17, 2025, with a payout of $2.31 per share. Investors must purchase the stock before the ex-dividend date of Sep 2, 2025 to be eligible for the dividend. The announcement was made on Aug 20, 2025, and marks the company’s most recent dividend declaration. The average of the last 10 dividend per share amounts is $0.613, indicating this latest payment is significantly higher than the historical average. The company’s last dividend was issued on Jun 18, 2025, also at $2.31 per share, showing a consistent payout pattern for the recent period.

Over the past week, Northrop Grumman has accelerated its AI innovation efforts by securing access to NVIDIA’s AI software to enhance development in key areas. This strategic move aligns with the company’s ongoing focus on leveraging cutting-edge technologies for advanced aerospace and defense applications. Separately, Northrop Grumman released its latest quarterly earnings report on July 22, 2025, where it reported $7.11 earnings per share. Analysts noted the company's ability to maintain robust earnings, despite recent market volatility, as a positive sign for long-term sustainability.

Additionally, Northrop Grumman’s stock has demonstrated recent upward momentum, with shares closing at $590.04 as of Aug 27, 2025, reflecting an increase of $2.14 within a short period. However, some recent reports indicate that the stock underperformed compared to its competitors during the week of Aug 27, 2025. This underperformance has sparked discussions among investors regarding the broader market dynamics affecting the defense and aerospace sector. Analysts continue to monitor these developments closely to assess their long-term implications for the company’s market position and performance.

The company’s dividend strategy remains a key focus for investors. While Northrop Grumman pays out only 31% of its earnings in dividends, which is considered conservative, it has paid out 94% of its free cash flow over the past year—raising concerns about sustainability. Investors are advised to closely track the company’s cash flow performance to gauge the long-term viability of its dividend. Earnings per share have grown at an impressive rate of 16% annually over the past five years, indicating strong operational performance. However, the high payout ratio relative to free cash flow suggests the company needs to maintain careful financial management to ensure continued dividend reliability.

Northrop Grumman’s ex-dividend date is Sep 2, 2025, and this is the last day for investors to buy the company’s stock and still be eligible to receive the upcoming $2.31 per share dividend. Any purchase made after this date will not entitle the investor to the dividend for this distribution cycle.