Ex-Dividend Reminder: Northrop Grumman, Lockheed Martin and Stanley Black & Decker

Northrop Grumman (NOC), Lockheed Martin (LMT), and Stanley Black & Decker (SWK) will trade ex-dividend on September 2, 2025, with investors anticipating a corresponding price adjustment. NOC will pay a quarterly dividend of $2.31 (expected 0.39% price drop), LMT $3.30 (expected 0.72% drop), and SWK $0.83 (expected 1.10% drop). These payouts translate to estimated annualized yields of 1.57% for NOC, 2.89% for LMT, and 4.41% for SWK, providing key data for income-focused portfolio strategies.

Analysis

Northrop Grumman (NOC), Lockheed Martin (LMT), and Stanley Black & Decker (SWK) are scheduled to trade ex-dividend on September 2, 2025, which will trigger a predictable, mechanical price adjustment in their shares. Based on their respective quarterly dividends of $2.31 for NOC, $3.30 for LMT, and $0.83 for SWK, the market anticipates a corresponding opening price decline of approximately 0.39%, 0.72%, and 1.10% for each stock, all else being equal. For income-focused investors, these payouts translate to significantly different forward annualized yields: Stanley Black & Decker leads with an estimated yield of 4.41%, followed by Lockheed Martin at 2.89%, and Northrop Grumman at 1.57%. The article's neutral sentiment score of 0.0 reflects the factual nature of this routine capital return event, although minor daily price movements show Northrop and Lockheed trading slightly up while Stanley Black & Decker is down, indicating nuanced short-term sentiment.

Key Decisions for Investors

• Short-term traders should anticipate the technical price drop in NOC, LMT, and SWK on the morning of September 2, 2025, and adjust their strategies accordingly to account for this non-fundamental price movement.
• Income-oriented investors should note the significant yield differential, with SWK's 4.41% annualized yield offering a more substantial income stream compared to the defense-sector peers LMT (2.89%) and NOC (1.57%).