State Street Corporation Declares Third-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, payable on October 13, 2022. Shareholders of record as of October 3, 2022 will receive this dividend. As of June 30, 2022, State Street manages $3.5 trillion in assets and oversees $38.2 trillion in assets under custody. The company operates in over 100 markets globally and employs approximately 40,000 people.

Positive

• Quarterly cash dividend of $0.63 per share enhances shareholder income.
• Robust asset management with $3.5 trillion in assets under management.

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 October 13, 2022 to common shareholders of record at the close of business on October 3, 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 $38.2 trillion in assets under custody and/or administration and $3.5 trillion* in assets under management as of June 30, 2022, State Street operates globally in more than 100 geographic markets and employs approximately 40,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

^{* Assets under management as of June 30, 2022 includes approximately $66 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/20220721006036/en/

Ilene Fiszel Bieler

+1 617-664-3477

Carolyn Cichon

+1 617-664-8672

Source: State Street Corporation

FAQ

What is the dividend amount declared by State Street Corporation for October 2022?

State Street Corporation has declared a dividend of $0.63 per share.

When is the dividend payment date for State Street Corporation?

The dividend payment date is October 13, 2022.

Who is eligible to receive the dividend from State Street Corporation?

Shareholders of record as of October 3, 2022, are eligible to receive the dividend.

How much does State Street manage in assets?

As of June 30, 2022, State Street manages $3.5 trillion in assets.

What are the total assets under custody for State Street Corporation?

State Street has $38.2 trillion in assets under custody and administration as of June 30, 2022.