Northern Trust Co. Declares Quarterly Dividend of $0.29 (NASDAQ:NTRSO)

Northern Trust Co. (NASDAQ:NTRSO) announced a quarterly dividend on Thursday, April 18th, Wall Street Journal reports. Stockholders of record on Saturday, June 15th will be paid a dividend of 0.2938 per share on Monday, July 1st. This represents a $1.18 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Friday, June 14th.

Northern Trust has increased its dividend by an average of 10.1% annually over the last three years.

Northern Trust Price Performance

Shares of NTRSO traded down $0.33 during mid-day trading on Thursday, hitting $20.86. 13,358 shares of the company’s stock were exchanged, compared to its average volume of 25,365. Northern Trust has a fifty-two week low of $18.10 and a fifty-two week high of $23.97. The business’s 50 day moving average is $22.42 and its two-hundred day moving average is $21.60.

Northern Trust Company Profile

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.