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

Rhea-AI Summary

State Street Corporation (NYSE: STT) declared a quarterly cash dividend of $0.57 per share, scheduled for payment on July 11, 2022. Shareholders of record as of July 1, 2022 will be eligible. As of March 31, 2022, State Street managed $4.0 trillion in assets and held $41.7 trillion in assets under custody and administration, showcasing its significant presence in the financial services sector for institutional investors worldwide.

Positive

• Quarterly cash dividend of $0.57 per share indicates ongoing shareholder returns.
• Assets under management totaling $4.0 trillion reflects strong financial performance.
• Firm's substantial assets under custody of $41.7 trillion signifies leadership in institutional financial services.

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 July 11, 2022 to common shareholders of record at the close of business on July 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 $41.7 trillion in assets under custody and/or administration and $4.0 trillion* in assets under management as of March 31, 2022, 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 March 31, 2022 includes approximately $73 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/20220518006101/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?

State Street Corporation announced a quarterly cash dividend of $0.57 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 11, 2022.

What is the record date for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is July 1, 2022.

How much assets does State Street manage?

As of March 31, 2022, State Street managed $4.0 trillion in assets.