State Street Corporation (STT) To Go Ex-Dividend on July 1st

State Street Corporation (NYSE:STT) declared a quarterly dividend on Wednesday, May 20th. Investors of record on Wednesday, July 1st will be paid a dividend of 0.84 per share by the asset manager on Monday, July 13th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

State Street has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. State Street has a payout ratio of 32.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect State Street to earn $13.80 per share next year, which means the company should continue to be able to cover its $3.36 annual dividend with an expected future payout ratio of 24.3%.

State Street Stock Performance

NYSE STT opened at $168.44 on Monday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 1.04. The firm’s fifty day moving average price is $157.67 and its two-hundred day moving average price is $139.11. State Street has a 1 year low of $101.98 and a 1 year high of $175.46. The firm has a market capitalization of $46.62 billion, a P/E ratio of 17.08, a price-to-earnings-growth ratio of 0.91 and a beta of 1.43.

State Street (NYSE:STT) last announced its quarterly earnings data on Friday, April 17th. The asset manager reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.64 by $0.20. The company had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.59 billion. State Street had a net margin of 13.47% and a return on equity of 14.22%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.04 EPS. As a group, research analysts anticipate that State Street will post 12.43 EPS for the current year.

State Street News Summary

Here are the key news stories impacting State Street this week:

• Positive Sentiment: State Street plans to increase its quarterly dividend by 10% after passing the 2026 stress test, reinforcing its capital strength and shareholder-return story. STT Announces Plan for 10% Dividend Hike Post 2026 Stress Test Results
• Positive Sentiment: Truist Financial raised its price target on State Street to $176 from $150, implying continued upside potential even while keeping a hold rating. State Street price target raised by Truist Financial Corporation
• Positive Sentiment: Wall Street expectations for State Street’s upcoming Q2 earnings point to another double-digit EPS increase, which could support sentiment if results confirm the trend. State Street Corporation’s Q2 2026 Earnings: What to Expect
• Neutral Sentiment: Barclays kept a hold rating on State Street, and another analyst update also suggests investors remain constructive but not aggressively bullish at current levels. Barclays Remains a Hold on State Street (STT)
• Neutral Sentiment: Commentary on State Street’s 65% annual stock gain and current valuation suggests investors are debating whether the rally has already priced in a lot of good news. State Street (STT) Stock After 65% Year Gain Are Recent Valuation Signals Justified

State Street Company Profile

State Street Corporation is a global financial services company that provides a range of investment servicing, investment management and investment research and trading services to institutional investors. Its principal activities include custody and fund administration, securities lending, performance and risk analytics, trading and execution services, and foreign exchange. The company also offers investment management through State Street Global Advisors, a major provider of exchange-traded funds and institutional investment strategies.

State Street serves a broad client base of asset managers, insurance companies, pension funds, endowments, and other institutions across North America, Europe, Asia and other global markets.