Northrop Grumman boosts dividend to 61 cents
Northrop Grumman increases quarterly cash dividend by 6 cents, or 11 percent, to 61 cents
FALLS CHURCH, Va. (AP) -- Northrop Grumman Corp. said Wednesday that its board increased the defense contractor's quarterly cash dividend by 6 cents, or 11 percent, to 61 cents.
The dividend will be paid on June 12 to shareholders of record as of May 28.
The Falls Church, Va.-based company said the move shows its continued commitment to a balanced cash strategy.