Northrop Grumman Corporation (NOC) will begin trading ex-dividend on November 29, 2019. A cash dividend payment of $1.32 per share is scheduled to be paid on December 18, 2019. Shareholders who purchased NOC prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that NOC has paid the same dividend. At the current stock price of $353.85, the dividend yield is 1.49%.
The previous trading day's last sale of NOC was $353.85, representing a -7.83% decrease from the 52 week high of $383.89 and a 58.23% increase over the 52 week low of $223.63.
NOC is a part of the Capital Goods sector, which includes companies such as Thermo Fisher Scientific Inc (TMO) and ASML Holding N.V. (ASML). NOC's current earnings per share, an indicator of a company's profitability, is $17.67. Zacks Investment Research reports NOC's forecasted earnings growth in 2019 as -4.43%, compared to an industry average of 11.2%.
Interested in gaining exposure to NOC through an Exchange Traded Fund [ETF]?
The following ETF(s) have NOC as a top-10 holding:
- SPDR S&P Kensho Final Frontiers ETF (ROKT)
- iShares Trust (ITA)
- Invesco Aerospace & Defense ETF (PPA).
The top-performing ETF of this group is ITA with an increase of 9.59% over the last 100 days. ROKT has the highest percent weighting of NOC at 5.16%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.