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Northern Trust (Northern Trust) 3-Year Dividend Growth Rate

: 2.30% (As of Dec. 2023)
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Northern Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.75.

The historical rank and industry rank for Northern Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

NTRS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 10.3   Max: 42.3
Current: 2.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northern Trust was 42.30% per year. The lowest was 1.80% per year. And the median was 10.30% per year.

NTRS's 3-Year Dividend Growth Rate is ranked better than
52.7% of 871 companies
in the Asset Management industry
Industry Median: 1.7 vs NTRS: 2.30

During the past 12 months, Northern Trust's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Northern Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.44. As of today, Northern Trust's Dividend Yield % is 3.67%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Northern Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Trust 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Northern Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Northern Trust's 3-Year Dividend Growth Rate falls into.



Northern Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Northern Trust  (NAS:NTRS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Northern Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.75/ 0.52
=1.44

During the past 13 years, the highest Dividend Payout Ratio of Northern Trust was 0.58. The lowest was 0.29. And the median was 0.38.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Northern Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-03-072024-03-082024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-12-072023-12-082024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-09-072023-09-082023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.7502023-06-082023-06-092023-07-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Northern Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3/81.21
=3.69 %

Current Share Price is $81.21.
Northern Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.

During the past 13 years, the highest Dividend Yield of Northern Trust was 4.72%. The lowest was 1.45%. And the median was 2.17%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northern Trust 3-Year Dividend Growth Rate Related Terms>


Northern Trust (Northern Trust) Business Description

Address
50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.
Executives
Jason J. Tyler officer: EVP & Chief Financial Officer C/O MULTI PACKAGING SOLUTIONS, 150 E 52ND ST, 28TH FLOOR, NEW YORK NY 10022
Levy Susan Cohen officer: Executive VP & General Counsel 50 S LASALLE ST, M9, CHICAGO IL 60603
Michael O'grady officer: President / C&IS 50 S LASALLE STREET, CHICAGO IL 60603
Peter Cherecwich officer: EVP, Global Fund Services 50 SOUTH LASALLE ST, M9, CHICAGO IL 60603
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Daniel Gamba officer: President / Asset Management 50 SOUTH LA SALLE ST, CHICAGO IL 60603
Lauren E Allnutt officer: SVP & Controller 50 S LA SALLE ST, CHICAGO IL 60603
Alexandria Taylor officer: Chief Human Resources Officer 50 SOUTH LA SALLE STREET, CHICAGO IL 60603
Thomas A South officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Clair Joyce St officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Teresa Parker officer: Executive Vice President 50 S LA SALLE ST, CHICAGO IL 60603
Shundrawn A Thomas officer: President / Asset Management 16600 SWINGLEY RIDGE RD, CHESTERFIELD MO 63017
Robert P Browne officer: EVP & Chief Investment Officer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven L Fradkin officer: Executive Vice President & CFO 50 S LASALLE ST, CHICAGO IL 60603
Mark C Gossett officer: Executive Vice President 50 SOUTH LA SALLE STREET, CHICAGO IL 60603

Northern Trust (Northern Trust) Headlines