1.95% Nov 28, 02:00 PM
$1.32 Paid Quarterly
40.2% EPS $3.28
2 years Since 2012
4 days Dec 03, 2014

NTRS - Upcoming Dividend Payouts
Next Ex-Dividend Date Dec 03

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.3300 2014-10-21 2014-12-03 2014-12-05 2015-01-01 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date

NTRS - Dividend Yield & Stock Price History
Current Dividend Yield 1.95%

Arrow-right
5y
All

NTRS - Dividend Payout History
Current Annual Payout $1.32

5y
All
Dividend payouts are split-adjusted

NTRS - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for NTRS. 3.2% 4.2% 2 years
Annual dividend amounts based on Ex-dividend date

NTRS - Historical Annual Dividend Data & Growth
Payouts Increasing For 2 years

Payout Amount Calendar Year Annual Growth
$1.2300 2013 4.2%
$1.1800 2012 5.4%

NTRS - Historical Dividend Data
Payouts Increasing For 2 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.3300 2014-10-21 2014-12-03 2014-12-05 2015-01-01 Yes Regular Quarter
$0.3300 2014-07-15 2014-09-03 2014-09-05 2014-10-01 Yes Regular Quarter
$0.3300 2014-04-15 2014-06-04 2014-06-06 2014-07-01 Yes Regular Quarter
$0.3100 2014-01-21 2014-03-05 2014-03-07 2014-04-01 Yes Regular Quarter
$0.3100 2013-10-15 2013-12-04 2013-12-06 2014-01-02 Yes Regular Quarter

Northern Trust (NTRS) - News

  • Before the opening bell on Wednesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Northern Trust Corporation Reports Higher Q1 Results; Misses Estimates (NTRS)

    Before Tuesday's opening bell, Northern Trust Corporation (NTRS) reported higher first quarter financial results, but missed estimates for both earnings and revenue. NTRS Earnings in Brief
    • NTRS reported Q1 earnings of $181.4 million, or 75 cents per share, up from $164.0 million, or 67 cents per share, a year ago. 
    • Revenue increased to $1.04 billion, from $976.4 million last year.
    • On average, analysts expected to see earnings of 78 cents and revenue of $1.07 billion.
    CEO Commentary Chairman and chief executive Frederick Waddell commented: "Our first quarter 2014 results improved compared to a year ago with trust, investment and other servicing fees increasing 8%, total revenue increasing 7% and net income and earnings per share increasing 11 and 12%, respectively. We also experienced strong growth in client assets under custody and under management of 15% and 13%, respectively." NTRS Dividend NTRS paid its last 31 cent quarterly dividend on April 1. We expect the company to declare its next dividend sometime in April. It is likely that its next dividend will be increased.  Stock Performance Northern Trust Corporation shares were mostly flat during premarket trading Tuesday. The stock is down 1.08% YTD.
    NTRS Dividend Snapshot

    As of market close on April 14, 2014

    NTRS dividend yield annual payout payout ratio dividend growth

    Click here to see the complete history of NTRS dividends.

    The Bottom Line

    Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Before Tuesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • Northern Trust Q3 Profit Rises 15% on 8% Higher Revenues; Adjusted EPS Misses Estimates (NTRS)

    Regional financial services company Northern Trust Corporation (NTRS) reported early on Wednesday that its third quarter profits rose year-over-year, aided by a gain in income from fees and the benefits of the sale of an office building. However, adjusted earnings missed analysts' estimates, while revenues slightly beat views. The Chicago, Illinois-based company posted a third quarter net income of $203.0 million, or 84 cents per share, up from the $176.0 million, or 73 cents per share, earned in the same period a year ago. Excluding the one-time gains from the sale of an office building, Northern Trust posted adjusted earnings of 76 cents per share in the quarter. According to analysts polled by Thomson Reuters, Northern Trust was expected to earn an adjusted 77 cents per share in the third quarter. The company's total revenues increased to $1.05 billion in the quarter, up 8% from the $972.5 million in revenues posted in the third quarter of 2012. On average, analysts were expecting the company to see $1.03 billion in revenues. Northern Trust's net interest income, or income from loans and deposits, came in at $237 million in the quarter, down from $245.6 million last year. Non-interest income increased to $810.2 million in the quarter, up from $726.9 million last year. Non-interest income, which includes income from fees and other sources, comprised 77% of total revenues. Northern Trust shares were inactive during pre-market trading on Wednesday. The stock is up 8.61% year-to-date.

    The Bottom Line

    Shares of Northern Trust (NTRS) offer a dividend yield of 2.28% based on Tuesday's closing price of $54.48 and the company's annualized dividend payout of $1.24 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Northern Trust Earnings Rise, but Miss Estimates (NTRS)

    Investment management firm Northern Trust Corporation (NTRS) announced on Wednesday that its Q2 profits increased from last year, but results still missed analysts estimates. For its second quarter, the Chicago based company posted earnings of $191.1 million, or 78 cents per share, up 6% from $179.6 million, or 73 cents per share a year ago. Analysts expected to see higher earnings of 83 cents per share. Revenue for the quarter rose 3% to $1.02 billion, from $988.5 million last year. Analysts estimated slightly larger revenue of $1.03 billion. Noninterest income, which accounts for 78% of the company's total income rose 9% during the quarter to $800.4 million. Assets under custody increased 9.4% to $4.992 trillion. Assets under management rose by 14% to $803 billion. Northern Trust shares were down $2.06, or 3.39% during Wednesday morning trading. The stock is up 17% YTD. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.10% yield, based on Wednesday morning's price of $59.03. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Jefferies Raises Price Target on Northern Trust (NTRS)

    On Monday, Jefferies reported that it has raised its price target on financial services company, Northern Trust Corporation (NTRS) . The firm has maintained a "Hold" rating on NTRS, and has increased its price target from $53 to $59. This price target suggests a 2% upside from the stock's current price of $57.56. Analyst Ken Usdin noted, “we mark our EPS forecasts higher with equity markets up 4% QTD, putting us above the Street for 2Q13. Higher market levels continue to provide tailwinds to core businesses, but proxies for FX and sec. lending are still mixed (higher spreads/volatility, but lower volumes). STT remains our preferred name given its unique combination of offense (strongest rev. grower) and defense (biggest capital return & efficiency initiatives).” Northern Trust shares were down 54 cents, or -0.93% during Monday morning trading. The stock is up 15% YTD. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.15% yield, based on Monday morning's price of $57.77. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Nomura Securities Raises Price Target on Northern Trust (NTRS)

    Nomura Securities reported on Wednesday that it has raised its price target on financial services company, Northern Trust Corporation (NTRS) . The firm, which currently has a "Neutral" rating on the company, has increased the company's price target from $52 to $55 following its first quarter results. This price target suggests a 4% upside from the stock's current price of $52.95. Analyst Glenn Schorr commented, "NTRS reported EPS of $0.67 vs. Our/Street of $0.74/$0.72. Ex-items, still a bit soft 1Q with NIM compression (-2bps q/q) and falling net interest income continues to be a drag on the top line. But NTRS did post positive leverage for 1Q in a tough environment thanks to solid expense control (expenses -2%, revs +1%). Expenses were down 2% q/q in 1Q, and the company is making progress on its expense/revenue initiatives ($55mn pre-tax benefit in 1Q) on its way to $250mn for 2013. NTRS maintained strong capital ratios with T1C ratio (Basel 3, w/ NPR) at 13%, and repurchased ~1.4mn shares (~$74.5mn). The company also received approval for $400mn in repurchases through 1Q13. We don’t see much upside to estimates given the environment. We tweaked our estimates and our TP goes from $52 to $55 (14x our 2014E of $3.90)." Looking ahead, the firm has lowered its earnings estimates for FY2013 from $3.30 per share to $3.21 per share. For FY2014, the firm has raised its outlook from $3.70 per share to $3.90 per share. Northern Trust shares were down 40 cents, or -0.75% during Wednesday morning trading. The stock has increased 13% in the past year. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.34% yield, based on Wednesday morning's price of $52.89. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts CSX Corp (CSX) has raised...
  • Northern Trust Q1 Profit Rises 2%, Misses Estimates (NTRS)

    Investment management firm Northern Trust Corporation (NTRS) reported before the bell on Tuesday that its first quarter profit and revenue rose 2% and 1%, respectively. However, these earnings missed Wall Street analysts' expectations. The Chicago-based company said its first quarter profit rose slightly to $164.0 million, or 68 cents per share, from $161.2 million, or 66 cents per share, in the same period last year. Adjusting for certain items, Northern Trust's first quarter earnings per share came in at 67 cents per share. According to analysts polled by Thomson Reuters, this missed analysts' expectations that the company would earn 72 cents per share in the quarter. Revenue for the quarter rose to $976.4 million from $965.4 million last year. This also missed Wall Street estimates, as analysts were expecting the company to see revenue of $999.81 million in the quarter. Northern Trust shares were inactive during pre-market trading on Tuesday. The stock is up +7.28% year-to-date. The Bottom Line Shares of Northern Trust (NTRS) have a dividend yield of 2.23% based on last night's closing price of $53.81 and the company's annualized dividend payout of $1.20 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Jefferies Boosts Price Target on Northern Trust Corporation; Maintains "Hold" Rating (NTRS)

    On Friday, analysts at Jefferies raised the price target on Northern Trust Corporation (NTRS) and updated the estimates on the financial services company. The analysts maintain a "Hold" rating on NTRS and now see shares reaching $53, up from the previous target of $51. This new valuation suggests a slight downside to Friday's closing price of $53.76. A Jefferies analyst noted, “Our estimate is a penny below 4Q12, as a normalized tax rate (33% vs. 25% last quarter), negates modest revenue growth and expense leverage, which puts us $0.04 below consensus. Core business lines should rise sequentially on the back of new business wins, client re-risking, and loan repricing initiatives, but negative lagged comps will keep revenue growth in check. Expenses remain a wildcard given potential for lumpy implementation outlays relating to large, complex mandates. Eventually these costs will fade and, with more cost saves on the come from Driving Performance, we do expect expense leverage, but are hesitant to bake-in much given seasonal expense pressures (FICA, retirement-eligible options, NTRS Open).” Northern Trust shares were inactive during pre-market trading on Monday. The stock is up +7.18% year-to-date. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a dividend yield of 2.23% based on Friday's closing price of $53.76 and the company's annualized dividend payout of $1.20 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

Top-5-pitch