Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust Corporation declares cash dividends on common stock and preferred stock

Positive

• Northern Trust Corporation declares a quarterly cash dividend of $0.75 per share on its common stock
• Northern Trust Corporation declares cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock

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, 2024, to holders of record at 5:00 p.m., Chicago time, on December 8, 2023.

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 depositary share), payable on January 1, 2024, to holders of record at 5:00 p.m., Chicago time, on December 15, 2023.

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 25 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, 2023, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 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/20231017888085/en/

Doug Holt

Northern Trust

(312) 557-1571

Doug.Holt@ntrs.com

Source: Northern Trust Corporation

FAQ

What is the cash dividend declared by Northern Trust Corporation on its common stock?

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

What is the cash dividend declared by Northern Trust Corporation on its preferred stock?

Northern Trust Corporation has declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock.