Northern Trust Corp (NTRS) will raise its quarterly dividend by 31 percent to $0.55 per share in 2018. This marks the 7th consecutive year of dividend increases by NTRS.
The next dividend is payable on October 1, 2018, to holders of record at 5:00 p.m., Chicago time, on September 14, 2018. The new annual dividend yields 2.1% based on the stock price of $105.74.
Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals worldwide.