State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.
State Street Dividend Announcement
• State Street announced a quarterly dividend of $0.76 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-01
• State Street annual dividend for 2024 was $2.14
• State Street annual dividend for 2023 was $2.64
• State Street's trailing twelve-month (TTM) dividend yield is 2.96%
• State Street's payout ratio for the trailing twelve months (TTM) is 47.59%
• State Street's dividend growth over the last five years (2018-2023) was 8.20% year
• State Street's dividend growth over the last ten years (2013-2023) was 9.76% year
State Street Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-01 | $0.76 | quarterly | 2024-10-11 |
| 2024-07-01 | $0.69 | quarterly | 2024-07-11 |
| 2024-03-28 | $0.69 | quarterly | 2024-04-11 |
| 2023-12-29 | $0.69 | quarterly | 2024-01-12 |
| 2023-09-29 | $0.69 | quarterly | 2023-10-12 |
| 2023-06-30 | $0.63 | quarterly | 2023-07-13 |
| 2023-03-31 | $0.63 | quarterly | 2023-04-13 |
| 2022-12-30 | $0.63 | quarterly | 2023-01-13 |
| 2022-09-30 | $0.63 | quarterly | 2022-10-13 |
| 2022-06-30 | $0.57 | quarterly | 2022-07-11 |
| 2022-03-31 | $0.57 | quarterly | 2022-04-11 |
| 2021-12-31 | $0.57 | quarterly | 2022-01-13 |
| 2021-09-30 | $0.57 | quarterly | 2021-10-12 |
| 2021-06-30 | $0.52 | quarterly | 2021-06-15 |
| 2021-03-31 | $0.52 | quarterly | 2021-04-12 |
| 2020-12-31 | $0.52 | quarterly | 2021-01-19 |
| 2020-09-30 | $0.52 | quarterly | 2020-10-15 |
| 2020-06-30 | $0.52 | quarterly | 2020-07-16 |
| 2020-03-31 | $0.52 | quarterly | 2020-04-15 |
| 2019-12-31 | $0.52 | quarterly | 2020-01-16 |
| 2019-09-30 | $0.52 | quarterly | 2019-10-15 |
| 2019-06-28 | $0.47 | quarterly | 2019-07-16 |
| 2019-03-29 | $0.47 | quarterly | 2019-04-15 |
| 2018-12-31 | $0.47 | quarterly | 2019-01-16 |
| 2018-09-28 | $0.47 | quarterly | 2018-10-15 |
| 2018-06-29 | $0.42 | quarterly | 2018-07-17 |
| 2018-03-29 | $0.42 | quarterly | 2018-04-16 |
| 2017-12-29 | $0.42 | quarterly | 2018-01-17 |
| 2017-09-29 | $0.42 | quarterly | 2017-10-16 |
| 2017-06-29 | $0.38 | quarterly | 2017-07-18 |
| 2017-03-30 | $0.38 | quarterly | 2017-04-18 |
| 2016-12-29 | $0.38 | quarterly | 2017-01-18 |
| 2016-09-29 | $0.38 | quarterly | 2016-10-17 |
| 2016-06-29 | $0.34 | quarterly | 2016-07-18 |
| 2016-03-30 | $0.34 | quarterly | 2016-04-15 |
| 2015-12-30 | $0.34 | quarterly | 2016-01-19 |
| 2015-09-29 | $0.34 | quarterly | 2015-10-15 |
| 2015-06-29 | $0.34 | quarterly | 2015-07-16 |
| 2015-03-30 | $0.30 | quarterly | 2015-04-16 |
| 2014-12-30 | $0.30 | quarterly | 2015-01-16 |
| 2014-09-29 | $0.30 | quarterly | 2014-10-16 |
| 2014-06-27 | $0.30 | quarterly | 2014-07-16 |
| 2014-03-28 | $0.26 | quarterly | 2014-04-15 |
| 2013-12-30 | $0.26 | quarterly | 2014-01-16 |
| 2013-09-27 | $0.26 | quarterly | 2013-10-15 |
| 2013-06-27 | $0.26 | quarterly | 2013-07-16 |
| 2013-03-27 | $0.26 | quarterly | 2013-04-12 |
State Street Dividend per year
State Street Dividend growth
State Street Dividend Yield
State Street current trailing twelve-month (TTM) dividend yield is 2.96%. Interested in purchasing State Street stock? Use our calculator to estimate your expected dividend yield:
State Street Financial Ratios
P/E ratio13.43
PEG ratio-3.61
P/B ratio1.10
ROE8.56%
Payout ratio47.59%
Current ratio15.96
Quick ratio15.96
Cash Ratio0.41
State Street Dividend FAQ
How much is the next State Street dividend?
State Street's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next State Street dividend. The next State Street dividend will be released in March, June, September, or December.
When is State Street dividend paid?
State Street pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does State Street pay?
The specific amount of State Street dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find State Street's dividend history.
Does State Street stock pay dividends?
Yes, State Street does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find State Street's dividend history.
How much dividend does State Street pay?
State Street paid $2.14 in 2024, $2.64 in 2023, $2.4 in 2022, $2.18 in 2021, and $2.08 in 2020.
How often does State Street pay dividends?
State Street typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is State Street's dividend yield?
The current dividend yield for State Street is 2.96%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate State Street's exact dividend yield.
When does State Street go ex dividend?
State Street's ex-dividend date for the latest dividend was on 2024-10-01. State Street typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next State Street dividend paid?
State Street pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will State Street increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether State Street will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is State Street dividend per share?
State Street paid $2.14 per share in 2024 and $2.64 per share in 2023. The amount of dividend per share that State Street pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is State Street a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is State Street a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is State Street a dividend stock?
Yes, State Street is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is State Street a good dividend stock?
Whether State Street is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. State Street has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating State Street as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating State Street as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does State Street pay dividends monthly?
State Street typically pays dividends on a quarterly basis.
Does State Street pay dividends quarterly?
State Street currently pays dividends on a quarterly basis.
Has State Street ever paid a dividend?
Yes, State Street has a history of paying dividends to its shareholders. State Street is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy State Street dividend stocks?
To buy State Street you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy State Street stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy State Street stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does State Street pay dividends 2024?
State Street pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will State Street increase its dividend in 2024?
Decisions regarding State Street dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date State Street dividend overview you can look into the above table of dividend history.
How State Street dividend works?
The State Street dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how State Street's dividend process works:
1. Determination of Dividend: State Street's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, State Street publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, State Street distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from State Street are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: State Street's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, State Street publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, State Street distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from State Street are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are State Street dividends paid?
State Street dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: State Street sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, State Street distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: State Street declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: State Street sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, State Street distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: State Street declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does State Street pay dividends?
State Street typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does State Street pay dividends?
The general pattern is that State Street pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is State Street dividend safe?
The safety of State Street's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of State Street's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review State Street's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of State Street's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review State Street's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.