Northern Trust (NASDAQ:NTRSO) Stock Price Up 0.5% – Time to Buy?

Northern Trust Co. (NASDAQ:NTRSO)’s stock price was up 0.5% during mid-day trading on Monday . The stock traded as high as $18.17 and last traded at $18.00. Approximately 45,266 shares were traded during trading, an increase of 12% from the average daily volume of 40,567 shares. The stock had previously closed at $17.91.

Northern Trust Price Performance

The company has a 50-day moving average price of $18.46 and a two-hundred day moving average price of $18.77.

Northern Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.2938 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Tuesday, September 15th.

About Northern Trust

Northern Trust Corporation is a leading global financial services firm specializing in asset servicing, asset management, wealth management and banking solutions. The company provides custody and fund administration, investment management, fiduciary and trust services, treasury management and related investment operations for institutions, affluent families, and high-net-worth individuals. Its platform supports a wide range of asset classes including equities, fixed income, alternatives and private markets, and delivers clearing and execution, performance measurement, accounting, and regulatory reporting solutions.

Founded in Chicago in 1889, Northern Trust has expanded to serve clients across North America, Europe, the Middle East and the Asia-Pacific region.