Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust (Nasdaq: NTRS) has declared quarterly cash dividends on its common and preferred stock. The company will pay $0.75 per share on common stock to holders of record as of September 6, 2024, payable on October 1, 2024. For preferred stock, Series D will receive $2,300 per share ($23.00 per depositary share), and Series E will receive $293.75 per share ($0.29375 per depositary share), both payable on October 1, 2024, to holders of record as of September 15, 2024. This dividend declaration demonstrates Northern Trust's commitment to returning value to shareholders and reflects the company's financial stability.

Positive

• Consistent dividend payment indicates financial stability
• Dividend payments across common and preferred stock show commitment to diverse shareholder base

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 October 1, 2024, to holders of record at 5:00 p.m., Chicago time, on September 6, 2024.

Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on October 1, 2024, to holders of record at 5:00 p.m., Chicago time, on September 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 March 31, 2024, Northern Trust had assets under custody/administration of US$16.5 trillion, and assets under management of US$1.5 trillion. For more than 130 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/20240716281219/en/

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 in Q4 2024?

Northern Trust (NTRS) has declared a quarterly cash dividend of $0.75 per share on its common stock for Q4 2024.

When is the payment date for Northern Trust's (NTRS) Q4 2024 dividend?

The payment date for Northern Trust's (NTRS) Q4 2024 dividend is October 1, 2024.

What is the record date for Northern Trust's (NTRS) common stock dividend in Q4 2024?

The record date for Northern Trust's (NTRS) common stock dividend in Q4 2024 is September 6, 2024, at 5:00 p.m. Chicago time.

How much is the dividend for Northern Trust's (NTRS) Series D preferred stock?

Northern Trust (NTRS) declared a cash dividend of $2,300 per share on its Series D preferred stock, resulting in a distribution of $23.00 per depositary share.