State Street Corporation (NYSE:STT) to Issue Dividend Increase – $0.92 Per Share

Posted by Stanley Muller on Jul 15th, 2026

State Street Corporation (NYSE:STT – Get Free Report) declared a quarterly dividend on Tuesday, July 14th. Shareholders of record on Thursday, October 1st will be paid a dividend of 0.92 per share by the asset manager on Tuesday, October 13th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, October 1st. This is a 9.5% increase from State Street’s previous quarterly dividend of $0.84.

State Street has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 13 years. State Street has a payout ratio of 32.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect State Street to earn $14.19 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 23.7%.

State Street Stock Up 3.2%

STT opened at $183.78 on Wednesday. State Street has a one year low of $101.98 and a one year high of $184.59. The company has a market cap of $50.87 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 0.92 and a beta of 1.42. The business’s fifty day moving average is $163.73 and its two-hundred day moving average is $143.07. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.57 and a current ratio of 0.57.

State Street (NYSE:STT – Get Free Report) last announced its earnings results 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 firm had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.59 billion. State Street had a return on equity of 14.22% and a net margin of 13.47%.State Street’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.04 EPS. Analysts anticipate that State Street will post 12.75 EPS for the current fiscal year.

Insider Transactions at State Street

In related news, CEO Hanley Ronald P. O sold 14,553 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total value of $2,260,808.55. Following the completion of the transaction, the chief executive officer owned 255,512 shares in the company, valued at $39,693,789.20. This trade represents a 5.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP W. Bradford Hu sold 9,212 shares of State Street stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.35, for a total transaction of $1,431,084.20. Following the completion of the transaction, the executive vice president directly owned 59,552 shares in the company, valued at approximately $9,251,403.20. This trade represents a 13.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 37,876 shares of company stock worth $5,866,583. Corporate insiders own 0.27% of the company’s stock.

Hedge Funds Weigh In On State Street

Large investors have recently made changes to their positions in the business. Wilkerson Advisory Group LLC acquired a new stake in shares of State Street in the 4th quarter valued at $29,000. JPL Wealth Management LLC acquired a new position in State Street during the third quarter worth $29,000. Phillip James Consulting Co. bought a new position in State Street during the fourth quarter valued at about $30,000. Elevation Wealth Partners LLC raised its holdings in State Street by 153.6% during the second quarter. Elevation Wealth Partners LLC now owns 175 shares of the asset manager’s stock valued at $30,000 after buying an additional 106 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new stake in shares of State Street in the first quarter worth about $34,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

About State Street

(Get Free Report)

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.

Dividend History for State Street (NYSE:STT)

Receive News & Ratings for State Street Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street and related companies with MarketBeat.com's FREE daily email newsletter.