Northern Trust (LTS:0K91) Dividend Payout Ratio: 0.30 (As of Mar. 2026) — 21% Below Median

What is Northern Trust Dividend Payout Ratio?

Northern Trust LTS:0K91 78 Dividend Payout Ratio is 0.30 as of Mar. 2026, which is 21% below its 10-year median of 0.38. GuruFocus rates LTS:0K91 with a GF Score™ of 78/100 and a GF Value™ of $116.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 933 Asset Management companies, Northern Trust ranks better than 74.49% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Northern Trust's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.30.

The historical rank and industry rank for Northern Trust's Dividend Payout Ratio or its related term are showing as below:

LTS:0K91' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.38 Max: 0.58
Current: 0.33

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.

LTS:0K91's Dividend Payout Ratio is ranked better than
74.49% of 933 companies
in the Asset Management industry
Industry Median: 0.7 vs LTS:0K91: 0.33

As of today (2026-07-06), the Dividend Yield % of Northern Trust is 1.83%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Northern Trust was 4.72%. The lowest was 1.45%. And the median was 2.45%.

Northern Trust's Dividends per Share for the months ended in Mar. 2026 was $0.80.

During the past 12 months, Northern Trust's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.10% per year.

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 0.00% per year. And the median was 9.45% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Northern Trust (LTS:0K91) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Northern Trust Dividend Payout Ratio Related Terms

Northern Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Northern Trust's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Northern Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.39

0.47

0.58

0.30

0.35

Northern Trust Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.40	0.35	0.35	0.33	0.30

LTS:0K91 vs RJF, ARES, TROW: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Northern Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Northern Trust's Dividend Payout Ratio falls into.

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78GF Score

Northern Trust Corp LTS:0K91

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Northern Trust Dividend Payout Ratio Calculation

Northern Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	3.1	/	8.967
	=	0.35

Northern Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.8	/	2.71
	=	0.30

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.30 mean?

Northern Trust (LTS:0K91) has a Dividend Payout Ratio of 0.30 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Northern Trust and its competitors. This is 21% below median its historical median of 0.38. Over the past decade, Northern Trust's Dividend Payout Ratio has ranged from 0.29 to 0.58. According to the industry distribution chart, Northern Trust ranks #238 out of 933 companies in the Asset Management industry, placing it in the top 25.5%.

Is Northern Trust's Dividend Payout Ratio too high?

Northern Trust's current Dividend Payout Ratio of 0.30 is 21% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.58. The Asset Management industry median Dividend Payout Ratio is 0.70. Northern Trust's value of 0.30 is 57.1% below this industry median. Based on the distribution chart, Northern Trust ranks #238 out of 933 companies in the Asset Management industry, which is above the industry midpoint. Overall, Northern Trust has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Northern Trust's Dividend Payout Ratio compare to RJF and ARES?

According to the Asset Management industry distribution chart, Northern Trust ranks #238 out of 933 companies for Dividend Payout Ratio. This puts Northern Trust in the upper half of its industry. The industry median Dividend Payout Ratio is 0.70. Northern Trust's value of 0.30 is 57.1% below this benchmark. Historically, Northern Trust's own Dividend Payout Ratio has ranged from 0.29 to 0.58 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.70, Northern Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Asset Management company?

The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Trust's current Dividend Payout Ratio of 0.30 is 57.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Northern Trust and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Trust's current Dividend Payout Ratio is 0.30, which is 21% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Northern Trust stock overvalued right now?

Based on GuruFocus' analysis, Northern Trust (LTS:0K91) is currently considered Significantly Overvalued. The stock's GF Value™ is $116.22, compared to a current price of $175.22 — trading 50.8% above its estimated fair value. The current Dividend Payout Ratio is 0.30, which is 21% below median its 10-year median of 0.38 and 57.1% below the Asset Management industry median of 0.70. Northern Trust's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Northern Trust (LTS:0K91), the current Dividend Payout Ratio is 0.30 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northern Trust (LTS:0K91) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Trust stock appears to be overvalued. The current stock price of $175.22 is trading 50.8% above its estimated GF Value™ of $116.22. GuruFocus considers Northern Trust to be Significantly Overvalued.

Key valuation signals for LTS:0K91:

Dividend Payout Ratio: 0.30 (21% below median its 10-year median of 0.38)
GF Value™: $116.22 vs. price of $175.22 (50.8% above fair value)
GF Score™: 78/100 with 7 warning signs
Industry Position: 57.1% below the Asset Management median (#238 of 933)

No single metric tells the full story. See the LTS:0K91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northern Trust Business Description

Industry Financial Services Asset Management

Comparable Companies RJF ARES TROW AMP PFG STT BEN CG ARCC CRBG BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO LSE:III OSTO:EQT OSTO:INDU A

Other Exchanges NTRSO.PFD:USA NTRS:USA NT4:Germany

Address 50 South La Salle Street, Chicago, IL, USA, 60603

Website https://www.northerntrust.com

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 December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.

78GF Score

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$175.22

Price

$116.22

GF Value

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