Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
FALLS CHURCH, Va., May 16, 2017 -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $1.00 per share on Northrop Grumman common stock, an 11 percent increase from the prior quarterly dividend of $0.90 per share. This is the 14th consecutive annual increase in Northrop Grumman’s common stock dividend. The dividend is payable June 21, 2017, to shareholders of record as of the close of business June 5, 2017.
“Our balanced capital deployment strategy includes a long-term focus on returning cash to shareholders. Today’s increase in our dividend demonstrates our continuing commitment to that strategy,” said Wes Bush, chairman, chief executive officer and president.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.
Contact: Tim Paynter (Media) 703-280-2720 [email protected] Steve Movius (Investors) 703-280-4575 [email protected]
