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 $0.63 per share of common stock. This dividend will be payable on January 13, 2023, to shareholders on record as of January 3, 2023. As of September 30, 2022, State Street managed approximately $3.3 trillion in assets and provided services for $35.7 trillion in assets under custody and/or administration, underscoring its position as a leading financial services provider for institutional investors globally.

Positive

• Quarterly cash dividend of $0.63 per share, reflecting company confidence.
• Significant assets under management at $3.3 trillion, showcasing strong market position.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.63 per share of common stock, payable on January 13, 2023 to common shareholders of record at the close of business on January 3, 2023.

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 $35.7 trillion in assets under custody and/or administration and $3.3 trillion* in assets under management as of September 30, 2022, State Street operates globally in more than 100 geographic markets and employs approximately 41,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

* Assets under management as of September 30, 2022 includes approximately $55 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/20221215005790/en/

Ilene Fiszel Bieler

+1 617-664-3477



Carolyn Cichon

+1 617-664-8672

Source: State Street Corporation

FAQ

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

State Street Corporation announced a quarterly cash dividend of $0.63 per share.

When will the dividend for State Street Corporation (STT) be payable?

The dividend will be payable on January 13, 2023.

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

The record date is January 3, 2023.

What assets under management does State Street Corporation (STT) have?

As of September 30, 2022, State Street managed approximately $3.3 trillion in assets.

What is the total assets under custody by State Street Corporation (STT)?

State Street Corporation has $35.7 trillion in assets under custody and/or administration.