Northrop Grumman Corporation vs Invesco Preferred ETF — how do they compare? Northrop Grumman Corporation trades at $512 (market cap $74.42B), while Invesco Preferred ETF trades at $10.79. The key difference: Northrop Grumman Corporation pays a 1.79% dividend while Invesco Preferred ETF pays none. Which is the better fit depends on your goals.
| NOC | PGX | |
|---|---|---|
Market Cap | $74.42B | — |
Sector | Industrials | — |
52-Week High | $768.02 | $11.87 |
52-Week Low | $496.02 | $10.81 |
Enterprise Value | $88.65B | — |
Dividend Yield | 1.79% | — |
Trailing returns across standard periods
Latest headlines on both assets
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
Read more on PGX →