Northern Trust (NASDAQ:NTRSO) Stock Price Down 0.3% – Here’s Why

Shares of Northern Trust Co. (NASDAQ:NTRSO) were down 0.3% during mid-day trading on Monday . The company traded as low as $19.83 and last traded at $20.01. Approximately 48,508 shares traded hands during trading, an increase of 91% from the average daily volume of 25,347 shares. The stock had previously closed at $20.08.

Northern Trust Stock Performance

The company’s 50 day moving average price is $21.91 and its 200 day moving average price is $21.69.

Northern Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Sunday, December 15th will be given a $0.2938 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.18 dividend on an annualized basis and a yield of 5.87%.

About Northern Trust

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.