Company Overview - Northern Trust Corporation (NTRS) is based in Chicago and operates in the Finance sector, with a year-to-date share price change of 28.18% [3] - The company currently pays a dividend of $0.80 per share, resulting in a dividend yield of 2.44%, which is lower than the Banks - Major Regional industry's yield of 3.2% and the S&P 500's yield of 1.54% [3] Dividend Performance - The current annualized dividend of Northern Trust is $3.20, reflecting a 6.7% increase from the previous year [4] - Over the past five years, the company has increased its dividend once on a year-over-year basis, with an average annual increase of 2.01% [4] - The current payout ratio is 36%, indicating that the company paid out 36% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - Northern Trust is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $8.54 per share, representing a year-over-year growth rate of 10.91% [5] Investment Considerations - NTRS is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6] - The company is viewed as a solid dividend option, particularly in contrast to high-growth businesses or tech start-ups that typically do not offer dividends [6]
Northern Trust Corporation (NTRS) Could Be a Great Choice