Northern Trust (NTRS) Dividend History & Yield
Northern Trust (NTRS) has increased its dividend for 2 consecutive years and currently yields 1.90%. The most recent dividend was $0.8000/share on Apr 1, 2026, paid Quarterly.

NTRS
Current Yield
1.90%
TTM Dividend/Share
$3.15
Payment Frequency
Quarterly
Payout Ratio
33.0%
Consecutive Growth Years
2
Div Growth (1Y CAGR)
3.33%
Div Growth (5Y CAGR)
2.06%
Div Growth (10Y CAGR)
8.20%
NTRS: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
4.0%
FCF payout ratio
9.0%
Net debt / EBITDA
-10.3x
Interest coverage
0.40x
ROIC (TTM)
22.2%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 33.0%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($29.11) covers dividend/share ($3.15).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 9.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -10.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (2.1%) ≤ EPS growth (10.5%) — sustainable.
Per-payment dividend history
Ex-date Jun 5, 2026
- Payment date
- Jul 1, 2026
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Mar 6, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Dec 5, 2025
- Payment date
- Jan 1, 2026
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Sep 5, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Jun 6, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Mar 14, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Dec 6, 2024
- Payment date
- Jan 1, 2025
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Sep 6, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Jun 7, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Mar 7, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Dec 7, 2023
- Payment date
- Jan 1, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
Ex-date Sep 7, 2023
- Payment date
- Oct 1, 2023
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 5, 2026 | Jul 1, 2026 | $0.8000 | $0.8000 |
| Mar 6, 2026 | Apr 1, 2026 | $0.8000 | $0.8000 |
| Dec 5, 2025 | Jan 1, 2026 | $0.8000 | $0.8000 |
| Sep 5, 2025 | Oct 1, 2025 | $0.8000 | $0.8000 |
| Jun 6, 2025 | Jul 1, 2025 | $0.7500 | $0.7500 |
| Mar 14, 2025 | Apr 1, 2025 | $0.7500 | $0.7500 |
| Dec 6, 2024 | Jan 1, 2025 | $0.7500 | $0.7500 |
| Sep 6, 2024 | Oct 1, 2024 | $0.7500 | $0.7500 |
| Jun 7, 2024 | Jul 1, 2024 | $0.7500 | $0.7500 |
| Mar 7, 2024 | Apr 1, 2024 | $0.7500 | $0.7500 |
| Dec 7, 2023 | Jan 1, 2024 | $0.7500 | $0.7500 |
| Sep 7, 2023 | Oct 1, 2023 | $0.7500 | $0.7500 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Northern Trust has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.1000 | — | — |
| 2025 | $3.0000 | $3.1000 | +3.3% |
| 2024 | $3.0000 | $3.0000 | 0.0% |
| 2023 | $2.9000 | $3.0000 | +3.4% |
| 2022 | $2.8000 | $2.9000 | +3.6% |
| 2021 | $2.8000 | $2.8000 | 0.0% |
| 2020 | $2.6000 | $2.8000 | +7.7% |
| 2019 | $1.9400 | $2.6000 | +34.0% |
| 2018 | $1.6000 | $1.9400 | +21.3% |
| 2017 | $1.4800 | $1.6000 | +8.1% |
| 2016 | $1.4100 | $1.4800 | +5.0% |
| 2015 | $1.3000 | $1.4100 | +8.5% |
| 2014 | $1.2300 | $1.3000 | +5.7% |
| 2013 | $1.1800 | $1.2300 | +4.2% |
| 2012 | $1.1200 | $1.1800 | +5.4% |
| 2011 | $1.1200 | $1.1200 | 0.0% |
| 2010 | $1.1200 | $1.1200 | 0.0% |
| 2009 | $1.1200 | $1.1200 | 0.0% |
| 2008 | $1.0300 | $1.1200 | +8.7% |
| 2007 | $0.9400 | $1.0300 | +9.6% |
| 2006 | $0.8600 | $0.9400 | +9.3% |
| 2005 | $0.7800 | $0.8600 | +10.3% |
| 2004 | $0.7000 | $0.7800 | +11.4% |
| 2003 | $0.6800 | $0.7000 | +2.9% |
| 2002 | $0.6350 | $0.6800 | +7.1% |
| 2001 | $0.5600 | $0.6350 | +13.4% |
| 2000 | $0.4125 | $0.5600 | +35.8% |
| 1999 | $0.4200 | $0.4125 | -1.8% |
| 1998 | $0.3750 | $0.4200 | +12.0% |
| 1997 | $0.3213 | $0.3750 | +16.7% |
| 1996 | $0.2725 | $0.3213 | +17.9% |
| 1995 | $0.2300 | $0.2725 | +18.5% |
| 1994 | $0.1937 | $0.2300 | +18.7% |
| 1993 | $0.1662 | $0.1937 | +16.6% |
| 1992 | $0.1138 | $0.1662 | +46.0% |
| 1991 | $0.1300 | $0.1138 | -12.4% |
| 1990 | $0.1092 | $0.1300 | +19.1% |
| 1989 | $0.0883 | $0.1092 | +23.6% |
| 1988 | $0.0783 | $0.0883 | +12.8% |
| 1987 | — | $0.0783 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Northern Trust (NTRS) from the consolidated cash flow statement, in USD as filed.
Latest period
$594.00M
YoY change
-1.8%
5Y CAGR
+0.2%
Peak year (2022)
$750.20M
Latest annual
$591.60M
Cash dividends paid over time for Northern Trust (NTRS)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Northern Trust (NTRS)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $591.60M | -1.8% | -$10.70M | ||
| 2024 | $602.30M | -3.1% | -$19.20M | ||
| 2023 | $621.50M | -17.2% | -$128.70M | ||
| 2022 | $750.20M | +28.6% | +$166.90M | ||
| 2021 | $583.30M | -0.2% | -$1.30M | ||
| 2020 | $584.60M | +10.4% | +$54.90M | ||
| 2019 | $529.70M | +30.7% | +$124.30M | ||
| 2018 | $405.40M | +13.6% | +$48.60M | ||
| 2017 | $356.80M | +7.1% | +$23.80M | ||
| 2016 | $333.00M | +3.6% | +$11.60M | ||
| 2015 | $321.40M | +6.1% | +$18.50M | ||
| 2014 | $302.90M | +37.3% | +$82.30M | ||
| 2013 | $220.60M | -37.7% | -$133.70M | ||
| 2012 | $354.30M | +29.4% | +$80.60M | ||
| 2011 | $273.70M | +0.2% | +$500,000 | ||
| 2010 | $273.20M | +5.0% | +$12.90M | ||
| 2009 | $260.30M | +5.1% | +$12.60M | ||
| 2008 | $247.70M | +12.8% | +$28.20M | ||
| 2007 | $219.50M | +9.5% | +$19.00M | ||
| 2006 | $200.50M | +9.3% | +$17.00M | ||
| 2005 | $183.50M | +9.9% | +$16.50M | ||
| 2004 | $167.00M | — | +$167.00M | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | $0 | ||
| 1994 | $0 | — | $0 | ||
| 1993 | $0 | — | $0 | ||
| 1992 | $0 | — | $0 | ||
| 1991 | $0 | — | $0 | ||
| 1990 | $0 | — | $0 | ||
| 1989 | $0 | — | — |
Northern Trust (NTRS) most recent annual dividends paid stands at $591.60M (2025) – edged down 1.8% year-over-year.
Over 2020–2025 (5 years), Northern Trust dividends paid expanded at a +0.2% compound annual rate, with the latest reading among the more recent periods of the dataset.
Northern Trust dividends paid declined from $750.20M in 2022 to $591.60M in 2025, a 21.1% drawdown.
The dataset's maximum dividends paid sits at $750.20M (2022); the minimum reading of $0 dates to 1989.
Among 8 Financial Services peers, Northern Trust (NTRS) ranks 8th; the peer median for dividends paid is $5.36B.
Northern Trust Dividends Paid 2025: $591.60M
Northern Trust dividends paid in 2025 was $591.60M, edged down 1.8% below 2024.
Northern Trust Dividends Paid 2024: $602.30M
Northern Trust dividends paid in 2024 was $602.30M, edged down 3.1% below 2023.
Northern Trust Dividends Paid 2023: $621.50M
Northern Trust dividends paid in 2023 was $621.50M, declined 17.2% below 2022.
Northern Trust Dividends Paid 2022: $750.20M
Northern Trust dividends paid in 2022 was $750.20M, grew 28.6% from 2021. This figure represents the highest annual value in the available history.
Northern Trust Dividends Paid 2021: $583.30M
Northern Trust dividends paid in 2021 was $583.30M.
See more financial history for Northern Trust (NTRS).
Sector peers by dividends paid
Companies in the same sector as Northern Trust, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does Northern Trust pay dividends?
Yes, Northern Trust (NTRS) pays quarterly dividends of approximately $3.15 per share annually, yielding 1.90%.
What is Northern Trust's dividend yield?
Northern Trust (NTRS) has a current dividend yield of 1.90%.
Is Northern Trust's dividend safe?
Northern Trust (NTRS) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Northern Trust increased its dividend?
Northern Trust (NTRS) has 2 consecutive years of dividend increases.
What is Northern Trust's dividend payout ratio?
Northern Trust (NTRS) has a dividend payout ratio of 33.0%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Northern Trust's dividends paid?
Latest reported dividends paid for Northern Trust (NTRS) is $594.00M (period ending March 31, 2026).
How has Northern Trust dividends paid changed year-over-year?
Northern Trust (NTRS) dividends paid changed -1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Northern Trust dividends paid?
Northern Trust (NTRS) dividends paid compound annual growth rate is +0.2% over the most recent 5 years available.
When did Northern Trust dividends paid hit its highest annual value?
Northern Trust dividends paid reached its highest annual value of $750.20M in 2022.
What was Northern Trust dividends paid in 2024?
Northern Trust (NTRS) dividends paid in 2024 was $602.30M.
What was Northern Trust dividends paid in 2025?
Northern Trust (NTRS) dividends paid in 2025 was $591.60M.
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