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

Rhea-AI Summary

State Street Corporation (NYSE: STT) announced a quarterly cash dividend for its non-cumulative perpetual preferred stock series, payable on March 15, 2021. Series D will pay $1,475.00 per share (approximately $0.3687 per depositary share), Series F will pay $953.38 per share (approximately $9.5338 per depositary share), and Series G will pay $1,337.50 per share (approximately $0.3343 per depositary share). Record date for all series is March 1, 2021. This reflects State Street's commitment to providing returns to its shareholders.

Positive

• Quarterly cash dividend of $1,475.00 for Series D preferred stock.
• Quarterly cash dividend of $953.38 for Series F preferred stock.
• Quarterly cash dividend of $1,337.50 for Series G preferred stock.

Negative

• None.

State Street Corporation (NYSE:STT) today announced a quarterly 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 March 15, 2021 to the holders of record of the Series D preferred stock at the close of business on March 1, 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 $953.38 per share of Series F preferred stock (resulting in a distribution of approximately $9.5338 per depositary share) and is payable on March 15, 2021 to the holders of record of the Series F preferred stock at the close of business on March 1, 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 March 15, 2021 to the holders of record of the Series G preferred stock at the close of business on March 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 $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/20210114005965/en/

FAQ

What is the dividend amount for State Street preferred stock Series D?

The dividend amount for Series D is $1,475.00 per share, payable on March 15, 2021.

When is the record date for State Street's preferred stock dividends?

The record date for the dividends is March 1, 2021.

What is the dividend amount for State Street preferred stock Series F?

The dividend amount for Series F is $953.38 per share, payable on March 15, 2021.

What is the dividend amount for State Street preferred stock Series G?

The dividend amount for Series G is $1,337.50 per share, payable on March 15, 2021.