LOS ANGELES, May 16 /PRNewswire-FirstCall/ -- The board of directors of Northrop Grumman Corporation today declared a quarterly dividend of $0.37 per share on Northrop Grumman common stock, payable June 9, 2007, to shareholders of record as of the close of business May 29, 2007. The board also declared a dividend of $1.75 per share on the company's Series B convertible preferred stock, payable July 16, 2007, to shareholders of record as of the close of business July 2, 2007.
Northrop Grumman Corporation is a $30 billion global defense and technology company whose 122,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.