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State Street (State Street) 3-Year Dividend Growth Rate

: 8.30% (As of Dec. 2023)
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State Street's Dividends per Share for the three months ended in Dec. 2023 was $0.69.

The historical rank and industry rank for State Street's 3-Year Dividend Growth Rate or its related term are showing as below:

STT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -64.3   Med: 14   Max: 196.2
Current: 8.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of State Street was 196.20% per year. The lowest was -64.30% per year. And the median was 14.00% per year.

STT's 3-Year Dividend Growth Rate is ranked better than
72.29% of 866 companies
in the Asset Management industry
Industry Median: 1.7 vs STT: 8.30

During the past 12 months, State Street's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

State Street's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.34. As of today, State Street's Dividend Yield % is 3.62%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, State Street's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


State Street 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, State Street's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where State Street's 3-Year Dividend Growth Rate falls into.



State Street 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


State Street  (NYSE:STT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

State Street's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.69/ 2.04
=0.34

During the past 13 years, the highest Dividend Payout Ratio of State Street was 0.35. The lowest was 0.23. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

State Street Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6902024-03-282024-04-012024-04-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.6902023-12-292024-01-022024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6902023-09-292023-10-022023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6302023-06-302023-07-032023-07-13Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

State Street's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.7/74.51
=3.62 %

Current Share Price is $74.51.
State Street's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.7.

During the past 13 years, the highest Dividend Yield of State Street was 4.24%. The lowest was 1.39%. And the median was 2.31%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


State Street 3-Year Dividend Growth Rate Related Terms>


State Street (State Street) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.
Executives
Louis D Maiuri officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Michael L Richards officer: EVP and Chief Admin Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Eric W. Aboaf officer: Executive Vice President CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Ian Appleyard officer: EVP, CAO and Global Controller STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Yie-hsin Hung officer: EVP; President and CEO of SSGA 30 HUDSON STREET, JERSEY CITY NJ 07302
Donna Demaio director 175 WATER STREET, NEW YORK NY 10038
Francisco Aristeguieta officer: EVP; CEO State Street Int'l 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Andrew Erickson officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Cyrus Taraporevala officer: EVP; President and CEO of SSGA STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Saint-aignan Patrick De director 27 RICHMOND ROAD, PEMBROKE D0 HM08
W. Bradford Hu officer: Executive Vice President 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
David C Phelan officer: EVP and General Counsel STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Julio A Portalatin director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Rhea director C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Andrew P Kuritzkes officer: EVP and Chief Risk Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111