Northern Trust Stock To Go Ex-dividend Tomorrow (NTRS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Northern Trust Corporation (Nasdaq: NTRS) is tomorrow, March 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $54.12 as of 9:31 a.m. ET, the dividend yield is 2.3%.

The average volume for Northern Trust has been 1.3 million shares per day over the past 30 days. Northern Trust has a market cap of $12.74 billion and is part of the financial sector and financial services industry. Shares are up 7.3% year to date as of the close of trading on Monday.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, and fiduciary and banking solutions for corporations, institutions, families, and individuals worldwide. The company has a P/E ratio of 19, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Northern Trust as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, notable return on equity, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Northern Trust Ratings Report.

See our dividend calendar or top-yielding stocks list.

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