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State Street Corporation Declares First-Quarter Dividend on its Common Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
State Street Corporation (NYSE: STT) announced a quarterly cash dividend of $0.57 per share, payable on April 11, 2022. Shareholders on record as of April 1, 2022 will receive this dividend. As of December 31, 2021, State Street managed approximately $4.1 trillion in assets and had $43.7 trillion in assets under custody. The company operates globally, providing financial services to institutional investors across more than 100 markets.
Positive
Quarterly cash dividend of $0.57 reflects company confidence in financial health.
Strong asset management with $4.1 trillion in assets under management.
Significant assets under custody of $43.7 trillion demonstrates market leadership.
Negative
None.
BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.57 per share of common stock, payable on April 11, 2022 to common shareholders of record at the close of business on April 1, 2022.
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 $43.7 trillion in assets under custody and/or administration and $4.1 trillion* in assets under management as of December 31, 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 atwww.statestreet.com.
* Assets under management as of December 31, 2021 includes approximately $61 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.