State Street Corp. Declares Quarterly Dividends on Its Common Stock & Its Non-Cumulative Perpetual Preferred Stock Series “...
May 14 2014 - 4:10PM
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 CorporationContact:Valerie Haertel, +1
617-664-3477orMedia:Carolyn Cichon, +1 617-664-8672
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