Northrop Grumman: Dividend Insights
Portfolio Pulse from Benzinga Insights
Northrop Grumman (NYSE:NOC) has announced a quarterly dividend of $1.87 per share. The stock will go ex-dividend on Friday, meaning it will likely open $1.87 lower than usual. Shareholders who own NOC as of the end of Thursday's session will be eligible to receive the dividend, which will be paid out on September 13, 2023.
August 22, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Northrop Grumman's announcement of a $1.87 per share dividend may cause the stock to open lower on the ex-dividend date. However, this is a regular part of the dividend process and not a reflection of the company's performance.
The announcement of a dividend often leads to a decrease in the stock's price on the ex-dividend date, as the stock price is adjusted to reflect the payout. However, this is a normal part of the dividend process and does not indicate any issues with the company's performance. Investors who hold the stock through the ex-dividend date will receive the dividend, providing them with a return on their investment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100