State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, “G” and “H”

Rhea-AI Summary

State Street Corporation (NYSE:STT) announced a cash dividend for its non-cumulative perpetual preferred stock series, payable on December 15, 2021. The dividends are as follows: Series D will receive $1,475.00 per share ($0.3687 per depositary share), Series F will get $938.56 per share ($9.3856 per depositary share), Series G is set to receive $1,337.50 per share ($0.3343 per depositary share), and Series H will obtain $2,812.50 per share ($28.1250 per depositary share). Record date for all series is November 30, 2021.

Positive

• Dividend payment reflects confidence in company's financial stability.
• Diverse series of preferred stocks enhance shareholder income.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock:

• Series D (represented by depositary shares, each representing a 1/4000th interest in a share of Series D preferred stock). The cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on December 15, 2021 to the holders of record of the Series D preferred stock at the close of business on November 30, 2021.
  
  
• Series F (represented by depositary shares, each representing a 1/100th interest in a share of Series F preferred stock). The cash dividend is in the amount of $938.56 per share of Series F preferred stock (resulting in a distribution of approximately $9.3856 per depositary share) and is payable on December 15, 2021 to the holders of record of the Series F preferred stock at the close of business on November 30, 2021.
  
  
• Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred stock). The cash dividend is in the amount of $1,337.50 per share of Series G preferred stock (resulting in a distribution of approximately $0.3343 per depositary share) and is payable on December 15, 2021 to the holders of record of the Series G preferred stock at the close of business on November 30, 2021.
  
  
• Series H (represented by depositary shares, each representing a 1/100th interest in a share of Series H preferred stock). The cash dividend is in the amount of $2,812.50 per share of Series H preferred stock (resulting in a distribution of approximately $28.1250 per depositary share) and is payable on December 15, 2021 to the holders of record of the Series H preferred stock at the close of business on November 30, 2021.

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $43.3 trillion in assets under custody and/or administration and $3.9 trillion* in assets under management as of September 30, 2021, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

^{* Assets under management as of September 30, 2021 includes approximately $60 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.}

View source version on businesswire.com: https://www.businesswire.com/news/home/20211020006039/en/

Ilene Fiszel Bieler

+1 617-664-3477



Carolyn Cichon

+1 617-664-8672

Source: State Street Corporation

FAQ

What is the dividend amount for Series D stock of State Street (STT)?

Series D stockholders will receive a cash dividend of $1,475.00 per share.

When is the dividend payment date for State Street (STT)?

The dividend payment date is December 15, 2021.

What is the record date for the dividend payment for State Street (STT) preferred stocks?

The record date is November 30, 2021.

What are the dividend amounts for State Street's Series F stock?

Series F stockholders will receive a cash dividend of $938.56 per share.

How much will Series H preferred stock shareholders receive in dividends?

Series H shareholders will receive a cash dividend of $2,812.50 per share.