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STT State Street dividend history, payout ratio & dates

State Street's most recent quarterly dividend was on Sep 30, 2022 (ex-date) with a cash dividend payment of $0.63 per share. On an annualized basis, the company has a current payout of $2.34 per share. This brings the dividend yield to 2.91% based on its recent close price. The latest dividend has increased by $0.06, or 11% from the previous payment.

Key dates

  • STT last dividend date: Sep 30, 2022
  • STT next dividend date: Not announced
STT dividend stats
DPS
$2.34
Dividend yield
3%
Payout ratio
32.7%
vs. Financial Services sector
Dividend yield
2.73%
Payout ratio
30.7%

Dividend yield

What is State Street current dividend yield

STT has a dividend yield of 2.91% which is higher than the Financial Services sector average but lower than the industry and its peers average. In comparison with the Financial Services sector average of 2.73%, State Street's dividend yield is 7% higher. The current dividend yield is higher than the historical average of 2.8% of the last 5 years.

Dividend history

What is STT dividend payout history and dates

State Street has been paying dividends since 1994. STT has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. And since the stock price has gone down by 15% from a year ago, the dividend yield has increased by 30%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 30, 2022 Oct 13, 2022 Jul 21, 2022 $0.63 normal
Jun 30, 2022 Jul 11, 2022 May 18, 2022 $0.57 normal
Mar 31, 2022 Apr 11, 2022 Feb 17, 2022 $0.57 normal
Dec 31, 2021 Jan 13, 2022 Dec 16, 2021 $0.57 normal
Sep 30, 2021 Oct 12, 2021 Jul 15, 2021 $0.57 normal
Jun 30, 2021 Jul 12, 2021 May 19, 2021 $0.52 normal
Mar 31, 2021 Apr 12, 2021 Feb 18, 2021 $0.52 normal
Dec 31, 2020 Jan 19, 2021 Dec 17, 2020 $0.52 normal
Sep 30, 2020 Oct 15, 2020 Sep 17, 2020 $0.52 normal
Jun 30, 2020 Jul 16, 2020 May 20, 2020 $0.52 normal
Mar 31, 2020 Apr 15, 2020 Feb 20, 2020 $0.52 normal
Dec 31, 2019 Jan 16, 2020 Dec 19, 2019 $0.52 normal
Sep 30, 2019 Oct 15, 2019 Sep 19, 2019 $0.52 normal
Jun 28, 2019 Jul 16, 2019 May 15, 2019 $0.47 normal
Mar 29, 2019 Apr 15, 2019 Feb 21, 2019 $0.47 normal
Dec 31, 2018 Jan 16, 2019 Dec 13, 2018 $0.47 normal
Sep 28, 2018 Oct 15, 2018 Jul 19, 2018 $0.47 normal
Jun 29, 2018 Jul 17, 2018 May 16, 2018 $0.42 normal
Mar 29, 2018 Apr 16, 2018 Feb 15, 2018 $0.42 normal
Dec 29, 2017 Jan 17, 2018 Dec 14, 2017 $0.42 normal
Sep 29, 2017 Oct 16, 2017 Jul 20, 2017 $0.42 normal
Jun 29, 2017 Jul 18, 2017 May 17, 2017 $0.38 normal
Mar 30, 2017 Apr 18, 2017 Feb 16, 2017 $0.38 normal
Dec 29, 2016 Jan 18, 2017 Dec 15, 2016 $0.38 normal
Sep 29, 2016 Oct 17, 2016 Sep 15, 2016 $0.38 normal
Jun 29, 2016 Jul 18, 2016 May 19, 2016 $0.34 normal
Mar 30, 2016 Apr 15, 2016 Feb 18, 2016 $0.34 normal
Dec 30, 2015 Jan 19, 2016 Dec 17, 2015 $0.34 normal
Sep 29, 2015 Oct 15, 2015 Aug 28, 2015 $0.34 normal

State Street dividend payout ratio

What is State Street dividend payout ratio compared to the sector

Payout ratio

STT has a payout ratio of 32.7% which is higher than the Financial Services sector average but lower than the industry and its peers average. If we compare it with the Financial Services sector average of 30.7%, State Street's payout ratio is 7% higher.

Total amount of dividends paid per financial year (from cash flow)

STT dividend vs peer dividends

How does STT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
C Citigroup Inc 4.56% $2.04 27.6%
JPM Jpmorgan Chase & Co 3.01% $4 33.7%
STT State Street Corp 3% $2.34 32.7%
BAC Bank Of America Corp 2.65% $0.86 27%

Frequently asked questions

Does State Street pay a dividend?

Yes, State Street has paid four dividends in the last 12 months. STT has been paying dividends since 1994.

When is State Street's next dividend?

STT hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was STT's last dividend?

State Street's last regular dividend was on Sep 30, 2022 (ex-date) with the amount of $0.63 per share.

How much dividend does State Street pay (per share)?

On an annual basis STT pays $2.34 per share.

What is State Street's dividend yield?

State Street's current dividend yield is 2.91%.

How often does State Street pay dividends?

State Street pays four dividends per year.

What is State Street's dividend payout ratio?

State Street's dividend payout ratio is 32.7%.

Does State Street pay a good dividend?

State Street's dividend yield is higher than the Financial Services sector average.