GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern Trust Corp (NAS:NTRS) » Definitions » Dividend Payout Ratio

Northern Trust (Northern Trust) Dividend Payout Ratio

: 1.44 (As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

Northern Trust's dividend payout ratio for the months ended in Dec. 2023 was 1.44.

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

NTRS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.38   Max: 0.58
Current: 0.58


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.

NTRS's Dividend Payout Ratio is ranked better than
65.6% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs NTRS: 0.58

As of today (2024-04-16), the Dividend Yield % of Northern Trust is 3.58%.

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 2.17%.

Northern Trust's Dividends per Share for the months ended in Dec. 2023 was $0.75.

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.

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.

The growth rate is calculated with least square regression.

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


Northern Trust Dividend Payout Ratio Historical Data

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.

* Premium members only.

Northern Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.51 0.39 0.46 0.58

Northern Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.50 0.44 0.50 1.44

Competitive 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 Distribution

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.



Northern Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3/ 5.214
=0.58

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

* 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 (NAS:NTRS) Dividend Payout Ratio Explanation

In dividends investing, 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

Thank you for viewing the detailed overview of Northern Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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