As per Northrop Grumman Corporation (NYSE:NOC) statement on 2016-08-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.9 per share as dividend to stakeholders. The record date is set as 2016-08-29, the payout date as 2016-09-14 and the ex-dividend date is 2016-08-25.
Last fiscal Northrop Grumman Corporation (NYSE:NOC) disbursed cash dividend of $0.9. A year ago, the payout was $0.9, which indicates a difference of 14.3911%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.9, implying 10.9964% growth.
For the period ended on 2015-12-31, Northrop Grumman Corporation (NYSE:NOC)’s earnings came at $2.6 per share compared to EPS of $2.41 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $2.78 per share.
The interim price target for Northrop Grumman Corporation (NYSE:NOC) is set at $233.375. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Northrop Grumman Corporation (NYSE:NOC) is seen at $250 and the lowest level is established at $208. This broad range highlights a standard deviation of $13.752 in reported estimates.
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