Why it’s on the map
Newport News shares the $42.1B Virginia-class Block VI award; shipbuilding flagged as next wave for government equity via SHIPS Act.
Government money & contracts
Part of the $76.6B July 30 Navy package.
Customers & commercial
US Navy.
Catalysts
Q3; SHIPS Act.
Risk
Labor shortages; steel inputs.
Tariff durability
Durable.
Dividend · #23 of 47 payers by yield
1.74% yield
$5.52 a share a year · quarterly · pays Mar · Jun · Sept · Dec
Per payment$1.38a share, 4× a year
Next payoutDec 11declared · $1.38 a share
Last ex-dateAug 28, 2026next ex-date Nov 27, 2026
Last paidSept 11, 2026$1.38 a share
Payout ratio30%of earnings · well covered
Raised13 yrsconsecutive years of increases
Shares at the Oct 30 close of $316.883.16
Each payment$4.35
Per year · 4 payments$17.42
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Aug 28, 2026 | Sept 11, 2026 | $1.38 | |
| May 29, 2026 | Jun 12, 2026 | $1.38 | |
| Feb 27, 2026 | Mar 13, 2026 | $1.38 | |
| Nov 28, 2025 | Dec 12, 2025 | $1.38 |
Yield = $1.38 × 4 ÷ the Oct 30 close of $316.88. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source