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05 March
Ex-Dividend Reminder: Northern Trust, CME Group and Kontoor Brands

Looking at the universe of stocks we cover at Dividend Channel, on 3/7/24, Northern Trust Corp (Symbol: NTRS), CME Group (Symbol: CME), and Kontoor Brands Inc (Symbol: KTB) will all trade ex-dividend for their respective upcoming dividends. Northern Trust Corp will pay its quarterly dividend of $0.75 on 4/1/24, CME Group will pay its quarterly dividend of $1.15 on 3/26/24, and Kontoor Brands Inc will pay its quarterly dividend of $0.50 on 3/18/24. As a percentage of NTRS's recent stock price of $84.55, this dividend works out to approximately 0.89%, so look for shares of Northern Trust Corp to trade 0.89% lower — all else being equal — when NTRS shares open for trading on 3/7/24. Similarly, investors should look for CME to open 0.52% lower in price and for KTB to open 0.85% lower, all else being equal.

Below are dividend history charts for NTRS, CME, and KTB, showing historical dividends prior to the most recent ones declared.

Northern Trust Corp (Symbol: NTRS):

NTRS+Dividend+History+Chart

CME Group (Symbol: CME):

CME+Dividend+History+Chart

Kontoor Brands Inc (Symbol: KTB):

KTB+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.55% for Northern Trust Corp, 2.08% for CME Group, and 3.42% for Kontoor Brands Inc.

In Tuesday trading, Northern Trust Corp shares are currently up about 2.3%, CME Group shares are up about 1%, and Kontoor Brands Inc shares are off about 1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.