Northrop Grumman Corporation (NYSE:NOC) announced its quarterly dividend of 55 cents per share, an increase of about 10% over its prior dividend in February of 50 cents. The dividend is payable on June 13 to shareholders of record as of May 28.
Shares are about even in afternoon trading.
In other dividend news, Anadarko Petroleum Corporation (NYSE:APC) maintained its quarterly dividend of 9 cents per share. Broadcom Corporation (NASDAQ:BRCM) maintained its quarterly dividend of 10 cents per share. PPL Corporation (NYSE:PPL) maintained its quarterly dividend of 36 cents per share. M & T Bank Corporation (NYSE:MTB) maintained its quarterly dividend of 70 cents per share.
Among dividend increases, Ace Limited Switzerland New (NYSE:ACE) announced its quarterly dividend of 49 cents per share, an increase of about 4% over its prior dividend in March of 47 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.