Northern Trust (NTRS) Declares $0.36 Quarterly Dividend; 1.8% Yield
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Go back to Northern Trust (NTRS) Declares $0.36 Quarterly Dividend; 1.8% Yield
July 22, 2015 9:00 AM EDT
CHICAGO--(BUSINESS WIRE)--
Northern Trust Corporation (Nasdaq: NTRS), holding company of The
Northern Trust Company, has declared a quarterly cash dividend of $0.36
per share on its common stock ($1.66-2/3 par value), payable on October
1, 2015, to stockholders of record on September 4, 2015.
Northern Trust Corporation also declared a cash dividend of $365.625 per
share of 5.85% Series C non-cumulative perpetual preferred stock... More
July 22, 2015 7:30 AM EDT
Increased Quarterly Cash Dividend 9% to $0.36 Per Common Share
Returned $182.0 Million in Capital to Common Stockholders
CHICAGO--(BUSINESS WIRE)--
Northern Trust Corporation today reported second quarter net income per
diluted common share of $1.10, compared to $0.75 in the second quarter
of 2014 and $0.94 in the first quarter of 2015. Net income was $269.2
million, compared to $181.9 million in the prior-year quarter and $230.7
million in the prior quarter. Return on average common equity was 12.8%,
compared to 9.2% in the prior-year quarter and 11.3% in the prior
quarter.
The current quarter includes a pre-tax gain on the sale of 1.0... More
