Northrop Grumman Declares Dividend Amid Positive Defense Sector Trends
Northrop Grumman (NOC) has declared a quarterly dividend of $2.06 per share, payable on March 19, 2025. The defense sector is seeing a boost as U.S. arms sales to Europe are being considered, positively impacting NOC's stock. Additionally, the AI market in aerospace and defense is projected to grow significantly, which could benefit NOC in the long run.