STT Stock Recent News

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on April 11, 2025 to common shareholders of record at the close of business on April 1, 2025. Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G pre.

BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued $750 million of depositary shares, each representing a 1/100th ownership interest in a share of its 6.450% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series K (the “Series K Preferred Stock”), with a liquidation preference of $100,000 per share. Consistent with recent securities issuances, State Street accessed a broad investor base through a diverse syndicate of und.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?

Marvin Loh, senior global macro strategist at State Street, says he is in the bear steepening camp which keeps him "hesitant to really embrace duration" in the bond market.

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O'Hanley, will present at the UBS Financial Services Conference in Miami, FL on Tuesday, February 11, 2025 at approximately 10:30 am ET. An audio webcast of the event will be accessible on the home page of State Street's Investor Relations website, https://investors.statestreet.com/. A recorded replay will be available on the Investor Relations website later that da.

The SPDR S&P 500 ETF Trust starts 2025 on a positive note gaining 2.67% in January. The Top 15 dividend growth stocks for February 2025 offer an average dividend yield of 1.64% and appear to be about 25% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved a 11.03% compound annual growth rate.

SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

State Street's stock (NYSE: STT) , a company that provides a variety of financial services to institutional investors, posted a better-than-expected set of Q4 2024 results. The stock has gained about 30% since early 2024, marginally ahead of the S&P 500, although it considerably underperformed rival Bank of New York Mellon stock, which remains up by over 60% over the same period.