State Street Corporation Declares Third-Quarter Dividend on its Common Stock, a 10% per Share Increase Over Prior Quarter

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State Street Corporation announces a 10% increase in quarterly cash dividend

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• State Street Corporation (NYSE: STT) has announced a quarterly cash dividend of $0.69 per share of common stock, representing a 10% increase from the previous quarter's dividend of $0.63 per share.

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• None.

BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.69 per share of common stock, payable on October 12, 2023 to common shareholders of record at the close of business on October 2, 2023. The dividend represents a 10% per share increase from the second quarter 2023 dividend of $0.63 per share.

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 $39.6 trillion in assets under custody and/or administration and $3.8 trillion* in assets under management as of June 30, 2023, State Street operates globally in more than 100 geographic markets and employs approximately 43,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

^{*Assets under management as of June 30, 2023 includes approximately $63 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/20230720321642/en/

Media:

Carolyn Cichon

+1 (617) 664-8672

Investors:

Ilene Fiszel Bieler

+1 (617) 664-3477

Source: State Street Corporation

FAQ

What is the dividend amount announced by State Street Corporation?

State Street Corporation has announced a quarterly cash dividend of $0.69 per share of common stock.

What is the percentage increase in the dividend compared to the previous quarter?

The dividend represents a 10% per share increase from the second quarter 2023 dividend of $0.63 per share.

When will the dividend be payable?

The dividend will be payable on October 12, 2023.

Who are the common shareholders eligible for the dividend?

The dividend is payable to common shareholders of record at the close of business on October 2, 2023.