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

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 is Friday, June 14th.

Northern Trust has raised its dividend by an average of 10.1% per year over the last three years.

Northern Trust Trading Down 1.6 %

NTRSO traded down $0.33 during trading on Thursday, hitting $20.86. 13,358 shares of the stock were exchanged, compared to its average volume of 25,365. The firm has a 50 day simple moving average of $22.42 and a 200 day simple moving average of $21.60. Northern Trust has a 1 year low of $18.10 and a 1 year high of $23.97.

About Northern Trust

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.