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

Northern Trust Co. (NASDAQ:NTRSO) announced a quarterly dividend on Thursday, October 24th, Wall Street Journal reports. Investors of record on Sunday, December 15th will be given a dividend of 0.2938 per share on Wednesday, January 1st. This represents a $1.18 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date is Friday, December 13th.

Northern Trust has decreased its dividend payment by an average of 4.7% per year over the last three years.

Northern Trust Price Performance

NTRSO stock opened at $22.40 on Friday. Northern Trust has a one year low of $18.81 and a one year high of $24.29. The company’s 50 day moving average price is $22.61 and its two-hundred day moving average price is $21.51.

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.