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 October 1, 2021, to shareholders on record as of September 10, 2021. Additionally, cash dividends of $2,300.00 per share for Series D and $293.75 for Series E non-cumulative perpetual preferred stock will also be paid on October 1, 2021, to holders of record by September 15, 2021. Northern Trust, established in 1889, manages assets totaling $14.8 trillion.

Positive

• Quarterly cash dividend of $0.70 per share signifies company confidence.
• Series D and Series E preferred stock dividends enhance shareholder returns.

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 October 1, 2021, to holders of record at 5:00 p.m., Chicago time, on September 10, 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 October 1, 2021, to holders of record at 5:00 p.m., Chicago time, on September 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 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 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. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210720006200/en/

FAQ

What is the dividend amount for Northern Trust Corporation (NTRS) in October 2021?

Northern Trust Corporation has declared a quarterly cash dividend of $0.70 per share on its common stock for October 2021.

When will the cash dividends be paid for NTRS in October 2021?

The cash dividends for Northern Trust Corporation will be payable on October 1, 2021.

What are the record dates for Northern Trust's dividends in September 2021?

The record date for the common stock dividend is September 10, 2021, and for Series D and Series E preferred stock, it is September 15, 2021.

What are the Series D and E preferred stock dividends for Northern Trust Corporation (NTRS)?

The dividend for Series D is $2,300.00 per share, while for Series E it is $293.75 per share.