State Street Corporation : Declares Quarterly Dividend on its Non-Cumulative Perpetual Preferred Stock Series “C,” Series “D,” Series “E,” and Series “G”
October 18, 2017 at 05:46 pm IST
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State Street Corporation (NYSE:STT) today announced a quarterly cash
dividend on each of the below outstanding series of non-cumulative
perpetual preferred stock:
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 December 15, 2017 to the holders
of record of the Series C preferred stock at the close of business on
November 30, 2017.
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 $1,475.00 per share of Series D preferred
stock (resulting in a distribution of approximately $0.3687 per
depositary share) and is payable on December 15, 2017 to the holders
of record of the Series D preferred stock at the close of business on
November 30, 2017.
Series E (represented by depositary shares, each representing a
1/4000th interest in a share of Series E preferred stock). The cash
dividend is in the amount of $1,500.00 per share of Series E preferred
stock (resulting in a distribution of approximately $0.3750 per
depositary share) and is payable on December 15, 2017 to the holders
of record of the Series E preferred stock at the close of business on
November 30, 2017.
Series G (represented by depositary shares, each representing a
1/4000th interest in a share of Series G preferred stock). The cash
dividend is in the amount of $1,337.50 per share of Series G preferred
stock (resulting in a distribution of approximately $0.3343 per
depositary share) and is payable on December 15, 2017 to the holders
of record of the Series G preferred stock at the close of business on
November 30, 2017.
About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading provider of
financial services to institutional investors including investment
servicing, investment management and investment research and trading.
With $31.0 trillion in assets under custody and administration and $2.6
trillion* in assets under management as of June 30, 2017, State Street
operates globally in more than 100 geographic markets and employs 35,606
worldwide. For more information, visit State Street's website at www.statestreet.com.
*Assets under management include the assets of the SPDR® Gold ETF and
the SPDR® Long Dollar Gold Trust ETF (approximately $34 billion as of
June 30, 2017), for which State Street Global Markets, LLC, an affiliate
of SSgA, serves as the distribution agent.
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State Street Corporation is a financial holding company organized around 2 areas of activity:
- investment services (83.1% of net sales): services intended mainly to mutual funds, collective investment funds, corporate and public retirement plans, insurance companies and foundations. The group provides services including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics;
- investment management (16.9%). State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income.
The United States accounts for 55.1% of net sales.
State Street Corporation : Declares Quarterly Dividend on its Non-Cumulative Perpetual Preferred Stock Series “C,” Series “D,” Series “E,” and Series “G”