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STT State Street dividend history, payout ratio & dates

State Street's most recent quarterly dividend was on Jul 1, 2024 (ex-date) with a cash dividend payment of $0.69 per share. On an annualized basis, the company has a current payout of $2.76 per share. This brings the dividend yield to 3.29% based on its recent close price.

Key dates

  • STT last dividend date: Jul 1, 2024
  • STT next dividend date: Oct 1, 2024
STT dividend stats
DPS
$2.76
Dividend yield
3.29%
Payout ratio
50.5%
vs. Financial Services sector
Dividend yield
2.99%
Payout ratio
41.1%

Dividend yield

What is State Street current dividend yield

STT has a dividend yield of 3.29% which is higher than the Financial Services sector and its peers average but lower than the industry average. In comparison with the Financial Services sector average of 2.99%, State Street's dividend yield is 10% higher. The current dividend yield is in line with the historical average of 3.2% 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. But since the stock price has gone up by 20% from a year ago, the dividend yield has decreased by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 1, 2024 Jul 11, 2024 May 15, 2024 $0.69 normal
Mar 28, 2024 Apr 11, 2024 Feb 15, 2024 $0.69 normal
Dec 29, 2023 Jan 12, 2024 Dec 14, 2023 $0.69 normal
Sep 29, 2023 Oct 12, 2023 Jul 20, 2023 $0.69 normal
Jun 30, 2023 Jul 13, 2023 May 17, 2023 $0.63 normal
Mar 31, 2023 Apr 13, 2023 Feb 14, 2023 $0.63 normal
Dec 30, 2022 Jan 13, 2023 Dec 15, 2022 $0.63 normal
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 50.5% which is higher than the Financial Services sector and its peers average but lower than the industry average. If we compare it with the Financial Services sector average of 41.1%, State Street's payout ratio is 23% 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
STT State Street Corp 3.29% $2.76 50.5%
C Citigroup Inc 3.27% $2.12 61.4%
BAC Bank Of America Corp 2.25% $0.96 32.9%
JPM Jpmorgan Chase & Co 2.09% $4.4 26.5%

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's next dividend date is Oct 1, 2024 (ex-date).

When was STT's last dividend?

State Street's last regular dividend was on Jul 1, 2024 (ex-date) with the amount of $0.69 per share.

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

On an annual basis STT pays $2.76 per share.

What is State Street's dividend yield?

State Street's current dividend yield is 3.29%.

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 50.5%.

Does State Street pay a good dividend?

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