Northrop Grumman Announces 14 Percent Dividend Increase to $0.80 per Share
"We continue to execute a capital deployment strategy that calls for returning cash to shareholders through a competitive dividend and share repurchases. Today's 14 percent dividend increase supports that approach. We are on track to complete our 60 million share repurchase goal this year, market conditions permitting. Returning cash to shareholders continues to be a core element of our value creation strategy," said
Note: Statements in this press release, other than statements of historical fact, constitute "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "expect," "intend," "plan," "believe," "estimate," "guidance," "goal," and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of the subject presentation. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company's filings with the
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SOURCE
Randy Belote (Media), 703-280-2720, randy.belote@ngc.com, or Steve Movius (Investors), 703-280-4575, steve.movius@ngc.com