NOC dividend analysis

NOC dividend deep dive

Dividend metrics on NOC: yield 3.90%, payout 39%, growth streak 40 years, 5y CAGR 0.9%. The combination places the name in the mid-yield bucket on yield and the slow-growth bucket on distribution growth.

Safety read on the NOC distribution: 48/100, with Quality at 44/100 and Risk at 32/100 on the five-pillar framework. The watchlist band is the headline.

DRIP projection on NOC at the current $69.00 entry, holding the 3.90% yield and 0.9% growth flat: 5-year cumulative income return ≈ 21.3%, 10-year ≈ 47.1%, 20-year ≈ 116.4%. These are starting-yield reinvestment numbers only; price appreciation is not included.

Peer table for NOC: KO (5.00%), PG (1.50%), PEP (2.90%), mean yield 3.13%. The 3.90% yield is the relative-value entry point; the safety score and growth rate finish the picture.

On the NOC payment cadence: the most recent ex-dividend date was 2026-03-01, with cash distributed on 2026-03-15. The quarterly run-rate sits at $0.672 per share against an annualized $2.69.

Final-line read on NOC: yield 3.90%, distribution growth 0.9% per year, safety 48/100. The constraint is the payout ratio; the catalyst is the next earnings print.