Northern Trust: A Steady Stream of Income

Northern Trust, a leading provider of wealth management, asset servicing, asset management, and banking services, has declared quarterly dividends on its common and preferred stock. This announcement is a testament to the company's commitment to rewarding shareholders with a steady stream of income, even in uncertain market conditions.



Northern Trust's quarterly cash dividend on its common stock is $0.75 per share, payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 14, 2025. Additionally, the company declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock and $293.75 per share of its Series E non-cumulative perpetual preferred stock, each payable on the same date.



Northern Trust's dividend history demonstrates the company's commitment to maintaining a stable and growing dividend. The current annual dividend payout of $3.00 per share is a 6.7% increase from the previous year. This consistent growth in dividends reflects the company's strong financial performance and its ability to generate cash flow from its diverse range of operations.

For investors, Northern Trust's dividend yield of 2.79% offers a balance between income and growth potential. The company's stable dividend payout, combined with its strong financial performance and history of dividend growth, makes it an attractive option for income-oriented investors seeking a steady stream of cash. Moreover, Northern Trust's global presence and diverse range of services help to ensure the sustainability of its dividend payments.

In conclusion, Northern Trust's declaration of quarterly dividends on its common and preferred stock is a positive sign for investors. The company's commitment to rewarding shareholders with a steady stream of income, combined with its strong financial performance and history of dividend growth, makes it an attractive option for income-oriented investors seeking a balance between income and growth. As the company continues to grow and expand its operations, investors can expect to benefit from a steady stream of income for years to come.