Northern Trust Raises Quarterly Dividend 10% to $0.88

Northern Trust Corporation (NASDAQ: NTRS) increased its quarterly common-stock dividend to $0.88 per share from $0.80, a 10% rise. The ex-dividend date was Sept. 4, 2026.

The company’s board formally declared the higher distribution after management had outlined the planned increase in connection with the Federal Reserve’s annual capital review. Northern Trust said the review affirmed the strength of its capital position and business model, while reinforcing its priorities of investing in the company and returning capital to shareholders over time. The increase remained subject to board approval until the company’s July declaration. Northern Trust’s capital-plan announcement

Chairman and Chief Executive Michael O’Grady subsequently said the higher dividend reflected Northern Trust’s capital strength and its commitment to shareholders. Northern Trust’s dividend declaration

The increase extends the company’s dividend-growth record to one consecutive year. Northern Trust previously cut its dividend in 1991. Its dividend carries a SmarterDividends safety score of 94 out of 100 and an A grade, indicating comparatively strong underlying coverage in the publication’s framework, though no score guarantees future payments.

Northern Trust is a Chicago-based financial-services company that provides wealth management, asset servicing, asset management and banking services to institutions, corporations, affluent families and individuals. Its 2025 annual report shows that the previous $0.80 quarterly rate had been established during that year. Northern Trust 2025 annual report

What it means for income investors

The increase raises quarterly cash income per share by 10% compared with the previous distribution, provided the new rate is maintained. At the supplied share price of $186.63, NTRS carries a stated forward annual yield of 1.75%.

Investors who purchased the shares on or after the Sept. 4 ex-dividend date were not entitled to the associated payment. The increase improves the near-term income rate, but the one-year growth streak remains short and future dividends continue to depend on board approval, earnings, capital requirements and regulatory considerations.