NORTHROP GRUMMAN CORP /DE/ (NOC) closed fiscal year 2025 with 142 M shares outstanding and a dividend of 8.99 USD per share.
NORTHROP GRUMMAN CORP /DE/ (NOC) closed fiscal year 2025 with 142 M shares outstanding and a dividend of 8.99 USD per share. Over the year the share count fell by 2.95 M shares on a net basis. Since 2008 the share count has shrunk by 60.8 %. The dividend per share was 8.99 USD, up 11.7 % year on year. Total dividends paid came to 1,293 M USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 362M | 340M | 291M | 254M | 239M | 218M | 199M | 181M | 175M | 174M | 171M | 168M | 167M | 156M | 153M | 150M | 145M | 142M |
| Shares issued — SBC/options | 7.64M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares issued (%) | 2.11 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | 0.00M | -22.3M | -48.7M | -37.1M | -14.7M | -21.6M | -18.7M | -17.6M | -6.23M | -0.98M | -3.48M | -2.76M | -1.13M | -10.4M | -3.13M | -3.05M | -5.16M | -2.95M |
| Shares repurchased (%) | 0.00 % | -6.57 % | -16.73 % | -14.60 % | -6.14 % | -9.93 % | -9.38 % | -9.72 % | -3.56 % | -0.56 % | -2.04 % | -1.64 % | -0.68 % | -6.68 % | -2.04 % | -2.03 % | -3.56 % | -2.08 % |
| Net addition/reduction | 7.64M | -22.3M | -48.7M | -37.1M | -14.7M | -21.6M | -18.7M | -17.6M | -6.23M | -0.98M | -3.48M | -2.76M | -1.13M | -10.4M | -3.13M | -3.05M | -5.16M | -2.95M |
| Net addition/reduction (%) | 2.11 % | -6.57 % | -16.73 % | -14.60 % | -6.14 % | -9.93 % | -9.38 % | -9.72 % | -3.56 % | -0.56 % | -2.04 % | -1.64 % | -0.68 % | -6.68 % | -2.04 % | -2.03 % | -3.56 % | -2.08 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.42 | 1.69 | 1.84 | 1.97 | 2.15 | 2.38 | 2.71 | 3.10 | 3.50 | 3.90 | 4.70 | 5.16 | 5.67 | 6.16 | 6.76 | 7.34 | 8.05 | 8.99 |
| Payout Ratio (%) | — | 31.97 % | 26.55 % | 25.64 % | 27.05 % | 27.92 % | 27.21 % | 30.30 % | 31.33 % | 24.02 % | 25.43 % | 39.15 % | 29.88 % | 14.03 % | 21.49 % | 54.28 % | 28.41 % | 30.92 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 525M | 539M | 545M | 543M | 535M | 545M | 563M | 603M | 640M | 689M | 821M | 880M | 953M | 983M | 1,052M | 1,116M | 1,186M | 1,293M |
| Dividend Yield (%) | 3.63 % | 3.29 % | 3.14 % | 3.39 % | 3.22 % | 2.07 % | 1.79 % | 1.63 % | 1.51 % | 1.27 % | 1.94 % | 1.49 % | 1.87 % | 1.60 % | 1.25 % | 1.58 % | 1.71 % | 1.56 % |
Figures in USD
