State Street Corporation Declares Fourth-Quarter Dividend on Its Common Stock

Rhea-AI Summary

State Street Corporation (NYSE:STT) has declared a quarterly cash dividend of $0.52 per share of common stock. The dividend is scheduled for payment on January 19, 2021, to shareholders on record as of the close of business on January 4, 2021. As of September 30, 2020, State Street managed $3.1 trillion in assets and had $36.6 trillion in assets under custody and/or administration, solidifying its position as a leading provider of financial services to institutional investors globally.

Positive

• Quarterly cash dividend of $0.52 per share enhances shareholder income.
• Strong assets under custody of $36.6 trillion demonstrate company stability.

Negative

• None.

State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.52 per share of common stock, payable on January 19, 2021 to common shareholders of record at the close of business on January 4, 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 $36.6 trillion in assets under custody and/or administration and $3.1 trillion* in assets under management as of September 30, 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 September 30, 2020 includes approximately $81 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/20201217006075/en/

FAQ

What is the dividend amount for State Street Corporation in January 2021?

State Street Corporation declared a dividend of $0.52 per share.

When will the dividend for State Street Corporation be paid?

The dividend will be paid on January 19, 2021.

What is the record date for State Street Corporation's dividend?

The record date for the dividend is January 4, 2021.

How much assets does State Street Corporation manage?

As of September 30, 2020, State Street managed $3.1 trillion in assets.