Northern Trust Corporation reports developments across wealth management, asset servicing, asset management and banking for institutions, corporations, affluent families and individuals. News about Northern Trust commonly covers client mandates for global custody, securities lending, fund administration, depositary services, investment operations outsourcing and accounting services, including work with public retirement systems and ETF platforms.
Recurring updates also include Northern Trust Universe performance data for pension and institutional investment plans, wealth management leadership and Global Family Office activity, quarterly financial results, common and preferred stock dividends, and technology collaborations that support investment operations workflows and reporting.
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Northern Trust Corporation (Nasdaq: NTRS) has announced a quarterly cash dividend of $0.75 per share on its common stock, to be paid on July 1, 2023, for shareholders on record as of June 9, 2023. Additionally, the company declared cash dividends of $293.75 per share for its Series E non-cumulative perpetual preferred stock, payable on the same date for holders of record as of June 15, 2023. As of March 31, 2023, Northern Trust had US$14.2 trillion in assets under custody and US$1.3 trillion under management. Established in 1889, Northern Trust provides wealth management, asset servicing, and banking globally.