Northern Trust Corp 5.85% Series C Non Cumulative Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 8/1/2014
Shares Offered 16,000,000 Overallotment Shares None
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol NTRSP OTC Temp Ticker NTRNP
Market Traded ON NASDAQ
Dividend Payment Paid on the 1st of January, April, July and October beginning on 01/1/2015
Quarterly Dividend .366 Annual Dividend 1.4625
Securities may be redeemed, at the issuers option, as early as 10/1/2019 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distribution
Maturity Date None
Company Investor Relations Page for Northern Trust
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Below you can find the offering Prospectus and/or Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
