Northern Trust (NASDAQ:NTRSO) Stock Price Up 0.2% – Should You Buy?

Shares of Northern Trust Co. (NASDAQ:NTRSO) rose 0.2% during mid-day trading on Monday . The stock traded as high as $20.43 and last traded at $20.31. Approximately 17,714 shares changed hands during trading, a decline of 45% from the average daily volume of 32,453 shares. The stock had previously closed at $20.27.

Northern Trust Price Performance

The business’s 50-day moving average is $20.39 and its two-hundred day moving average is $19.90.

Northern Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be given a $0.2938 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.18 dividend on an annualized basis and a yield of 5.8%.

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.