State Street Corporation Declares First-Quarter Dividend on its Common Stock

Rhea-AI Summary

State Street Corporation (NYSE: STT) declared a quarterly cash dividend of $0.52 per share, set to be paid on April 12, 2021, to shareholders recorded by the close of business on April 1, 2021. As a leading financial services provider to institutional investors, State Street has $38.8 trillion in assets under custody and/or administration and $3.5 trillion in assets under management as of December 31, 2020. The corporation operates globally in over 100 markets and employs around 39,000 individuals.

Positive

• Quarterly cash dividend of $0.52 per share enhances shareholder income.
• Strong asset management with $3.5 trillion under management indicates financial stability.

Negative

• None.

State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on April 12, 2021 to common shareholders of record at the close of business on April 1, 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 $38.8 trillion in assets under custody and/or administration and $3.5 trillion* in assets under management as of December 31, 2020, 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 December 31, 2020 includes approximately $75 billion of assets with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20210218005973/en/

FAQ

What is the dividend amount for State Street Corporation (STT)?

The quarterly cash dividend for State Street Corporation (STT) is $0.52 per share.

When is the dividend payment date for STT?

The dividend payment date for STT is April 12, 2021.

What is the ex-dividend date for State Street's dividend?

The ex-dividend date for State Street's dividend is April 1, 2021.

How much does State Street Corporation manage in assets?

As of December 31, 2020, State Street Corporation manages approximately $3.5 trillion in assets.

In how many markets does State Street operate?

State Street operates in over 100 geographic markets globally.