Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust (Nasdaq: NTRS) has announced quarterly dividend declarations for its common and preferred stock. The company will pay a cash dividend of $0.75 per share on its common stock, payable on January 1, 2025, to shareholders of record as of December 6, 2024. Additionally, Northern Trust declared a cash dividend of $293.75 per share on its Series E non-cumulative perpetual preferred stock, resulting in a distribution of $0.29375 per depository share. This preferred stock dividend is also payable on January 1, 2025, to holders of record as of December 15, 2024.

Positive

• Consistent dividend payments indicate financial stability
• Dividend payments provide income for shareholders

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 6, 2024.

Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), payable on January 1, 2025, to holders of record at 5:00 p.m., Chicago time, on December 15, 2024.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2024, Northern Trust had assets under custody/administration of US$16.6 trillion, and assets under management of US$1.5 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241022615680/en/

Media Contact:

Doug Holt

Northern Trust

(312) 557-1571

Doug.Holt@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

What is the dividend amount for Northern Trust (NTRS) common stock?

Northern Trust (NTRS) has declared a quarterly cash dividend of $0.75 per share on its common stock.

When will Northern Trust (NTRS) pay its next dividend?

Northern Trust (NTRS) will pay its next dividend on January 1, 2025, to shareholders of record as of December 6, 2024.

What is the dividend for Northern Trust's (NTRS) preferred stock?

Northern Trust (NTRS) declared a cash dividend of $293.75 per share on its Series E non-cumulative perpetual preferred stock, resulting in a distribution of $0.29375 per depository share.

What is the record date for Northern Trust's (NTRS) preferred stock dividend?

The record date for Northern Trust's (NTRS) preferred stock dividend is December 15, 2024, at 5:00 p.m. Chicago time.