Robert Allan Schwartz's dividend growth company information web site

Navigation:

Home page
Companies
Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: NORTHROP GRUMMAN CORP (NOC)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 167.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly167
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February0
March41
April0
May0
June42
July0
August0
September42
October0
November0
December42

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1977$ 0.15000 (3) 8.765% 169.704%15.853
1978$ 0.25000 (4) 66.667% 7.610% 138.280%13.208
1979$ 0.30000 (4) 20.000% 7.310% 137.980%13.240
1980$ 0.30000 (4)NO CHANGE 7.509% 138.189%13.349
1981$ 0.30000 (4)NO CHANGE 7.720% 138.411%13.459
1982$ 0.30000 (4)NO CHANGE 7.943% 148.644%13.571
1983$ 0.30000 (4)NO CHANGE 8.179% 148.891%13.683
1984$ 0.35000 (4) 16.667% 7.939% 148.663%13.817
1985$ 0.60000 (4) 71.429% 6.436% 96.761%8.585
1986$ 0.60000 (4)NO CHANGE 6.644% 96.972%8.633
1987$ 0.60000 (4)NO CHANGE 6.865% 97.197%8.678
1988$ 0.60000 (4)NO CHANGE 7.102% 97.437%8.720
1989$ 0.60000 (4)NO CHANGE 7.356% 97.693%8.757
1990$ 0.60000 (4)NO CHANGE 7.628% 97.968%8.788
1991$ 0.60000 (4)NO CHANGE 7.922% 98.263%8.812
1992$ 0.60000 (4)NO CHANGE 8.239% 98.581%8.827
1993$ 0.80000 (4) 33.333% 7.340% 77.591%7.453
1994$ 0.80000 (4)NO CHANGE 7.657% 77.907%7.440
1995$ 0.80000 (4)NO CHANGE 8.003% 78.251%7.411
1996$ 0.80000 (4)NO CHANGE 8.381% 78.626%7.361
1997$ 0.80000 (4)NO CHANGE 8.798% 79.037%7.284
1998$ 0.80000 (4)NO CHANGE 9.257% 79.489%7.171
1999$ 0.80000 (4)NO CHANGE 9.768% 79.988%7.010
2000$ 0.80000 (4)NO CHANGE 10.337% 710.543%6.784
2001$ 0.80000 (4)NO CHANGE 10.978% 611.163%6.466
2002$ 0.80000 (4)NO CHANGE 11.703% 611.861%6.012
2003$ 0.80000 (4)NO CHANGE 12.530% 512.651%5.343
2004$ 0.89000 (4) 11.250% 12.622% 612.752%5.517
2005$ 1.01000 (4) 13.483% 12.556% 612.695%5.722
2006$ 1.16000 (4) 14.851% 12.366% 612.516%5.920
2007$ 1.48000 (4) 27.586% 11.076% 411.146%3.963
2008$ 1.57000 (4) 6.081% 11.589% 411.652%3.802
2009$ 1.69000 (4) 7.643% 12.036% 412.097%3.752
2010$ 1.84000 (4) 8.876% 12.437% 412.500%3.792
2011$ 1.97000 (4) 7.065% 13.226% 313.277%3.408
2012$ 2.15000 (4) 9.137% 13.923% 313.966%3.196
2013$ 2.38000 (4) 10.698% 14.579% 314.620%3.114
2014$ 2.71000 (4) 13.866% 14.758% 314.809%3.456
2015$ 3.10000 (4) 14.391% 14.880% 414.948%3.981
2016$ 3.50000 (4) 12.903% 15.882% 515.971%4.542
2017$ 3.90000 (4) 11.429% 20.513% 020.513%0.000
2018$ 4.70000 (4) 20.513%

What price should you pay today if you wanted last year's dividends ($ 4.70000) to represent a yield of X%?

YieldPrice
0.5%$940.00
1.0%$470.00
1.5%$313.33
2.0%$235.00
2.5%$188.00
3.0%$156.67
3.5%$134.29
4.0%$117.50
4.5%$104.44
5.0%$ 94.00
5.5%$ 85.45
6.0%$ 78.33
6.5%$ 72.31
7.0%$ 67.14
7.5%$ 62.67
8.0%$ 58.75
8.5%$ 55.29
9.0%$ 52.22
9.5%$ 49.47
10.0%$ 47.00

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.