Northern Trust declares quarterly dividends on common and preferred shares

CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared an increase in its quarterly cash dividend to $0.75 per share on its common stock (1.66 par value – $2/3), from the current $0.70 per share, payable October 1, 2022 to holders of record at 5:00 p.m. Chicago time on September 9, 2022.

Northern Trust Corporation also declared cash dividends of $2,300.00 per share of its Series D perpetual non-cumulative preferred shares (resulting in a distribution of $23.00 per depository share) and $293.75 per share of its Series E perpetual non-cumulative preferred shares (resulting in a distribution of $0.29375 per depositary share), each payable on October 1, 2022 to holders of record at 5:00 p.m. Chicago time on September 15, 2022.

“We are pleased to announce an increased dividend, reflecting Northern Trust’s strength in balance sheet and capital position, as well as our commitment to shareholders,” said Chairman and CEO Michael O’Grady.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 23 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2022, Northern Trust had assets under custody/administration of US$15.5 trillion and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Visit us at northtrust.com. follow us on Twitter @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, registered office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA Global legal and regulatory information can be found at https://www.northerntrust.com/terms -and-conditions.