Northrop Grumman Corporation (NOC) Ex-Dividend Date Scheduled for May 23, 2013


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Northrop Grumman Corporation ( NOC ) will begin trading ex-dividend on May 23, 2013. A cash dividend payment of $0.61 per share is scheduled to be paid on June 12, 2013. Shareholders who purchased NOC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.91% increase over the prior quarter. At the current stock price of $81.46, the dividend yield is 3%.

The previous trading day's last sale of NOC was $81.46, representing a -2.19% decrease from the 52 week high of $83.28 and a 43.95% increase over the 52 week low of $56.59.

NOC is a part of the Capital Goods sector, which includes companies such as Danaher Corporation ( DHR ) and Canon, Inc. ( CAJ ). NOC's current earnings per share, an indicator of a company's profitability, is $7.87. Zacks Investment Research reports NOC's forecasted earnings growth in 2013 as -3.77%, compared to an industry average of 21.3%.

For more information on the declaration, record and payment dates, visit the NOC Dividend History page.

Interested in gaining exposure to NOC through an Exchange Traded Fund [ETF]?
The following ETF(s) have NOC as a top-10 holding:

  • iShares Dow Jones U.S. Aerospace & Defense Index Fund ( ITA )
  • PowerShares Aerospace & Defense ( PPA )
  • SPDR S&P Aerospace & Defense ETF ( XAR )
  • Guggenheim S&P 500 Equal Weight Industrials ETF ( RGI )
  • First Trust Industrials AlphaDEX ( FXR ).

The top-performing ETF of this group is FXR with an increase of 21.41% over the last 100 days. ITA has the highest percent weighting of NOC at 5.23%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks

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