Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust Corporation (Nasdaq: NTRS) has announced a quarterly cash dividend of $0.70 per share on its common stock, payable on April 1, 2021, for shareholders on record as of March 12, 2021. Additionally, the company declared dividends for its Series D and Series E non-cumulative perpetual preferred stock, amounting to $2,300.00 and $293.75 per share, respectively, also payable on April 1, 2021, with record dates of March 15, 2021. Northern Trust provides a range of financial services, managing over $14.4 trillion in assets.

Positive

• Quarterly cash dividend of $0.70 per share, indicating strong cash flow.
• Continued commitment to preferred stockholders with significant cash dividends.

Negative

• None.

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.70 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2021, to holders of record at 5:00 p.m., Chicago time, on March 12, 2021.

Northern Trust Corporation also declared cash dividends of $2,300.00 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 depositary share), each payable on April 1, 2021, to holders of record at 5:00 p.m., Chicago time, on March 15, 2021.

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 22 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2020, Northern Trust had assets under custody/administration of US$13.1 trillion, and assets under management of US$1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

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FAQ

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

Northern Trust Corporation has declared a quarterly cash dividend of $0.70 per share.

When is the Northern Trust (NTRS) dividend payable?

The dividend is payable on April 1, 2021.

What are the record dates for the Northern Trust dividends?

The record date for the common stock dividend is March 12, 2021, and for the preferred stock dividends, it is March 15, 2021.

How much are the preferred stock dividends for Northern Trust (NTRS)?

The Series D preferred stock dividend is $2,300.00 per share, and the Series E preferred stock dividend is $293.75 per share.

What financial services does Northern Trust Corporation (NTRS) provide?

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking services.