Northrop Grumman Corp. (NOC) recently announced that its board of directors approved a 10% hike in its quarterly dividend to $2.06 per share, marking the 21st consecutive annual dividend hike. The revised quarterly dividend is payable on Jun 10, 2024, to shareholders of record at the close of business on May 28. Following the recent hike, Northrop will now pay out an annual dividend of$8.24 per share. This represents an annual dividend yield of 1.75% based on its share price worth $470.69 as of May 15. NOC ...