United Kingdom

Northern Trust says declared quarterly cash dividend of $0.42 per share

Wednesday, 19 Jul 2017 

July 18 (Reuters) - Northern Trust Corp :Northern trust announces increased quarterly dividend and stock repurchase authorization.Its board of directors has approved a new common stock repurchase authorization of up to 9.5 million shares.Northern trust corp - new repurchase authorization replaces authorization approved in april 2015.Northern trust corp - has declared a quarterly cash dividend of $0.42 per share on its common stock, payable on october 1, 2017.Northern trust corp qtrly dividend of $0.42 per share represents more than 10 percent increase from prior quarterly rate of $0.38 per share.