BOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE:STT) today announced a quarterly cash
dividend of $0.30 per share of common stock, payable on July 16, 2014 to
common shareholders of record as of July 1, 2014, representing an
increase of 15% from the common stock dividend of $0.26 per share
declared in the first quarter of 2014.
State Street Corporation also today declared a quarterly cash dividend
on each of its outstanding series of non-cumulative perpetual preferred
stock, as follows:
-
Series C (represented by depositary shares, each representing a
1/4000th interest in a share of Series C preferred stock). The cash
dividend is in the amount of $1,312.50 per share of Series C preferred
stock (resulting in a distribution of approximately $0.3281 per
depositary share) and is payable on June 16, 2014 to the holders of
record of the Series C preferred stock at the close of business on
June 2, 2014.
-
Series D (represented by depositary shares, each representing a
1/4000th interest in a share of Series D preferred stock). The cash
dividend is in the amount of $1,655.28 per share of Series D preferred
stock (resulting in a distribution of approximately $0.4138 per
depositary share) and is payable on June 16, 2014 to the holders of
record of the Series D preferred stock at the close of business on
June 2, 2014. This first dividend payment on the Series D preferred
stock is in respect of the dividend period from, and including, March
4, 2014 (the date of issuance of the Series D preferred stock), to,
but excluding, June 15, 2014.
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 $27.48 trillion in assets under custody and administration
and $2.38 trillion1 in assets under management at March 31,
2014, State Street operates in more than 100 geographic markets and
employs 29,530 worldwide. For more information, visit State Street's
website at www.statestreet.com
or call +1 877/639-7788 [NEWS STT] toll-free in the United States and
Canada, or +1 678/999-4577 outside those countries.
1 This AUM includes the assets of the SPDR Gold Trust
(approx. $34 billion as of March 31, 2014), for which State Street
Global Markets, LLC, an affiliate of State Street Global Advisors,
serves as the marketing agent
State Street Corporation
Contact:
Valerie Haertel, +1
617-664-3477
or
Media:
Carolyn Cichon, +1 617-664-8672
Source: State Street Corporation