Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust (NTRS) has announced its quarterly dividend declarations. The company will pay a cash dividend of $0.75 per share on its common stock, payable on April 1, 2025, to stockholders of record as of March 14, 2025.

Additionally, the company declared dividends on its preferred stock: $2,300 per share on Series D preferred stock ($23.00 per depositary share) and $293.75 per share on Series E preferred stock ($0.29375 per depositary share). Both preferred stock dividends will be paid on April 1, 2025, to holders of record as of March 15, 2025.

Positive

• Maintains consistent quarterly dividend payment of $0.75 per common share
• Continues to provide returns to preferred shareholders through Series D and E dividend payments

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 April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 14, 2025.

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 April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 15, 2025.

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 September 30, 2024, Northern Trust had assets under custody/administration of US$17.4 trillion, and assets under management of US$1.6 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 Instagram @northerntrustcompany or Northern Trust 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/20250122042957/en/

Media Contact:

Doug Holt

312-662-8315

Doug.Holt@ntrs.com

Source: Northern Trust Corporation

FAQ

What is Northern Trust's (NTRS) current quarterly dividend per share?

Northern Trust's quarterly dividend is $0.75 per common share.

When is Northern Trust's (NTRS) next dividend payment date?

The next dividend payment date is April 1, 2025.

What is the record date for Northern Trust's (NTRS) Q1 2025 dividend?

The record date is March 14, 2025, at 5:00 p.m. Chicago time for common stock.

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

The Series D preferred stock dividend is $2,300 per share ($23.00 per depositary share).

What is Northern Trust's (NTRS) Series E preferred stock dividend amount?

The Series E preferred stock dividend is $293.75 per share ($0.29375 per depositary share).