Northern Trust to redeem Series D preferred depositary shares at USD 1,000 each on Oct. 1, 2026
Reuters2026/08/03 20:58- Northern Trust will redeem all 5,000 shares of its Series D Non-Cumulative Perpetual Preferred Stock on Oct. 1, 2026.
- Redemption includes 500,000 depositary shares, each representing 1/100th of a Series D preferred share.
- Depositary shares will be redeemed at USD 1,000 per share; the payment excludes a USD 23 quarterly dividend.
- The USD 23 dividend will be paid on Oct. 1, 2026 to holders of record as of Sept. 15, 2026.
- No further dividends will be declared or paid on the Series D preferred stock following the redemption date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The first major "exam" after the Cook era! Morgan Stanley: Apple's (AAPL.US) autumn launch event is the most important in ten years; the first foldable iPhone may spark a new wave of growth
Morgan Stanley analysts stated that Apple's upcoming "Surprise and Shine" autumn product launch event on September 9 may become the company's most important product release in nearly a decade.
10-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
