Northern Trust Corporation has declared a quarterly cash dividend of $0.38 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2017, to stockholders of record on March 3, 2017.

Northern Trust Corporation also declared a cash dividend of $365.625 per share of 5.85% Series C non-cumulative perpetual preferred stock (resulting in a distribution of $0.365625 per depositary share) payable on April 1, 2017, to stockholders of record on March 15, 2017.