By Roshan Fernandez
Northrop Grumman said it increased its quarterly dividend to $2.31 a share from $2.06 a share.
The aerospace and defense technology company said the new payout, equal to $9.24 a year, represents an annual yield of about 1.9% based on Tuesday's closing price of $476.60.
It is the 22nd consecutive annual dividend increase, the Falls Church, Va., company said.
The dividend is payable on June 18 to stockholders of record as of June 2.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 20, 2025 16:43 ET (20:43 GMT)
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