Company: Northrop Grumman Corp. (NOC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The companyÕs aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors. -Morningstar.com-
Symbol: NOC
Recent Price: $491.35
Dividends: $8.24
Yield: 1.68%
Sector: Industrials
Industry: Aerospace & Defense
Address & Company Phone #: 2980 Fairview Park Dr. Falls Church VA 22042, 703-280-2900
Transfer Agent: Computershare 877-498-8861
Moody’s Rating: Baa1
Minimum & Maximum Investment: $100 – $100,000/year
Investment Dates: Every 30 days beginning 1/15
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Phone, Mail, Fax or Internet for $15+12¢/sh.
52 Week High & Low: $496.89, $414.56