STT State Street dividend history, payout ratio & dates
State Street's most recent dividend was on Oct 1, 2024 (ex-date) with a cash dividend payment of $0.76 per share. On an annualized basis, the company has a current payout of $2.83 per share. This brings the dividend yield to 2.94% based on its recent close price. The latest dividend has increased by $0.07, or 10% from the previous payment.
Key dates
- STT last dividend date: Oct 1, 2024
STT dividend stats
vs. Financial Services sector
Dividend yield
STT has a dividend yield of 2.94% 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 2.58%, State Street's dividend yield is 14% higher. The current dividend yield is lower than the historical average of 3.2% of the last 5 years.
Dividend history
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 40% from a year ago, the dividend yield has decreased by 21%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 1, 2024 | $0.76 | 3.27% |
| Jul 1, 2024 | $0.69 | 3.75% |
| Mar 28, 2024 | $0.69 | 3.49% |
| Dec 29, 2023 | $0.69 | 3.41% |
| Sep 29, 2023 | $0.69 | 3.85% |
| Jun 30, 2023 | $0.63 | 3.44% |
| Mar 31, 2023 | $0.63 | 3.25% |
| Dec 30, 2022 | $0.63 | 3.09% |
| Sep 30, 2022 | $0.63 | 3.85% |
| Jun 30, 2022 | $0.57 | 3.7% |
| Mar 31, 2022 | $0.57 | 2.56% |
| Dec 31, 2021 | $0.57 | 2.34% |
| Sep 30, 2021 | $0.57 | 2.51% |
| Jun 30, 2021 | $0.52 | 2.53% |
| Mar 31, 2021 | $0.52 | 2.48% |
| Dec 31, 2020 | $0.52 | 2.86% |
| Sep 30, 2020 | $0.52 | 3.51% |
| Jun 30, 2020 | $0.52 | 3.27% |
| Mar 31, 2020 | $0.52 | 3.81% |
| Dec 31, 2019 | $0.52 | 2.5% |
| Sep 30, 2019 | $0.52 | 3.26% |
| Jun 28, 2019 | $0.47 | 3.35% |
| Mar 29, 2019 | $0.47 | 2.78% |
| Dec 31, 2018 | $0.47 | 2.82% |
| Sep 28, 2018 | $0.47 | 2.06% |
| Jun 29, 2018 | $0.42 | 1.8% |
| Mar 29, 2018 | $0.42 | 1.64% |
| Dec 29, 2017 | $0.42 | 1.64% |
| Sep 29, 2017 | $0.42 | 1.63% |
| Jun 29, 2017 | $0.38 | 1.7% |
| Mar 30, 2017 | $0.38 | 1.85% |
| Dec 29, 2016 | $0.38 | 1.85% |
| Sep 29, 2016 | $0.38 | 2.04% |
| Jun 29, 2016 | $0.34 | 2.61% |
| Mar 30, 2016 | $0.34 | 2.32% |
| Dec 30, 2015 | $0.34 | 1.98% |
| Sep 29, 2015 | $0.34 | 1.92% |
| Jun 29, 2015 | $0.34 | 1.63% |
| Mar 30, 2015 | $0.3 | 1.62% |
State Street dividend payout ratio
Payout ratio
STT has a payout ratio of 43.7% which is higher than its peers average but lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 44%, State Street's payout ratio is only 0.7% lower.
Total amount of dividends paid per financial year (from cash flow)
STT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| C Citigroup Inc | 3.16% | $2.18 | 61.6% |
| STT State Street Corp | 2.94% | $2.83 | 43.7% |
| NTRS Northern Trust Corp | 2.75% | $3 | 37.2% |
| BK Bank of New York Mellon Corp | 2.26% | $1.78 | 39.5% |
| BAC Bank Of America Corp | 2.11% | $0.98 | 35.3% |
| JPM Jpmorgan Chase & Co | 1.88% | $4.6 | 25.5% |
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 was STT's last dividend?
State Street's last regular dividend was on Oct 1, 2024 (ex-date) with the amount of $0.76 per share.
How much dividend does State Street pay (per share)?
On an annual basis STT pays $2.83 per share.
What is State Street's dividend yield?
State Street's current dividend yield is 2.94%.
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 43.7%.
Does State Street pay a good dividend?
State Street's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.