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Bank Of N.T. Butterfield & Son (NTB) is a full-service bank and wealth manager. It operates the business through three geographic segments, Bermuda, the Cayman Islands, the Channel Islands, and the UK.

The company offers banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management.

It generates a majority of its revenue from Bermuda, and the Cayman Islands segments.

The company was founded in 1784 and is headquartered in Hamilton, Bermuda.

Three key data points gauge NT Butterfield or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

NTB Price

Butterfield’s share price rose about 21% in the past year from $30.37 to $39.77 as of Wednesday’s market close.

In the past 3 years the company’s share price has ranged from $23.13 to $40.53, its all-time high of $53.62 was reached on August 16, 2018.

If the company conforms to the median annual price gain projected by 4 analysts tracking NTB for brokers, the price will grow from $4.73 to $44.50

NTB  Dividend

Butterfield has paid variable quarterly dividends since November 28th, 2016. The company’s most recent Q dividend of $0.44 was declared on February 10th for shareholders of record prior to February 24th, and the payout is due March 10th. A forward-looking annual dividend of $1.78 yields 4.43% per Wednesday’s closing price.

NTB Returns

Putting it all together, a $6.49 estimated gross gain per share shows up by adding NTB’s annual $1.76 dividend to the estimated $4.73 annual price gain, totaling that $6.49 gross amount.

A little under $1000 buys 25 shares at Tuesday’s $39.77 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.40 per share out of the $6.49 gross gain to give us a net $6.09 amount per share to multiply by 25, to equal $152.25 for about a 15.2% estimated net gain on the year.

Furthermore, the $44.30 annual dividend income from $1k invested in NTB is over $4.50 greater than the single-share price. By these numbers, Bank of N.T. Butterfield & Son may be an ideal dividend dog.

Therefore, you may choose to pounce on NTB as a 241-year-old quarterly dividend-paying bank and investment management company with a 9-year dividend record.

The exact track of the Bank of N.T. Butterfield & Son’s future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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