Northern Trust (NASDAQ:NTRSO) Trading 1.7% Higher – Should You Buy?

Northern Trust Co. (NASDAQ:NTRSO) shot up 1.7% during trading on Monday . The company traded as high as $18.97 and last traded at $18.94. Approximately 44,705 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 41,086 shares. The stock had previously closed at $18.62.

Northern Trust Stock Down 1.2%

The company has a 50 day simple moving average of $18.58 and a two-hundred day simple moving average of $18.93.

Northern Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.2938 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.3%.

Northern Trust Company Profile

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.