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 3.25% based on its recent close price.
STT has a dividend yield of 3.25% 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 2.85%, State Street's dividend yield is 14% higher. The current dividend yield is in line with the historical average of 3.2% of the last 5 years.
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 9%.
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 |
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 41.2%, State Street's payout ratio is 23% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
C Citigroup Inc | 3.25% | $2.12 | 61.4% |
STT State Street Corp | 3.24% | $2.76 | 50.5% |
BAC Bank Of America Corp | 2.3% | $0.96 | 32.9% |
JPM Jpmorgan Chase & Co | 2.07% | $4.4 | 26.5% |
Yes, State Street has paid four dividends in the last 12 months. STT has been paying dividends since 1994.
STT's next dividend date is Oct 1, 2024 (ex-date).
State Street's last regular dividend was on Jul 1, 2024 (ex-date) with the amount of $0.69 per share.
On an annual basis STT pays $2.76 per share.
State Street's current dividend yield is 3.25%.
State Street pays four dividends per year.
State Street's dividend payout ratio is 50.5%.
State Street's dividend yield is higher than the Financial Services sector average.