Northrop Grumman Corporation (NYSE: NOC) today declared a quarterly dividend of $0.47 per common share, $1.88 annualized.
The dividend is payable March 12, 2011, to shareholders of record as of the close of business Feb. 28, 2011. The ex-dividend date is February 24, 2011.
Yield on the dividend is 2.8%.
Disclosure I am long NOC shares
Defense related stocks still look attractive.
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