Northrop OKs 70-Cent Dividend for Shareholders


northrop Grumman_BLUENorthrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock.

The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday.

Stockholders are scheduled to receive the payment March 18.

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