Northern Trust (NTRS) Raises Quarterly Dividend 9.1% to $0.60; 2.7% Yield
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Northern Trust Announces Increased Quarterly Dividend on Common Stock
January 22, 2019 4:30 PM ESTCHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.60 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2019, to holders of record at 5:00 p.m., Chicago time, on March 8, 2019. The dividend represents a 9 percent increase from the prior quarterly rate of $0.55 per share, and results in an annualized dividend rate of $2.40, compared with the prior annualized rate of $2.20.
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