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State Street (State Street) Forward Dividend Yield %

: 3.74% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of State Street is 3.74%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of State Street is 3.66%.

STT's Forward Dividend Yield % is ranked worse than
72.8% of 1206 companies
in the Asset Management industry
Industry Median: 5.925 vs STT: 3.74

State Street's Dividends per Share for the three months ended in Dec. 2023 was $0.69.

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.

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.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Asset Management subindustry, State Street's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, State Street's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where State Street's Forward Dividend Yield % falls into.



State Street Forward Dividend Yield % Calculation

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 Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.76/73.37
=3.76 %

Current Share Price is $73.37.
State Street's Dividends per Share for the forward twelve months is calculated as $0.69 * 4 = $2.76.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.7/73.37
=3.68 %

Current Share Price is $73.37.
State Street's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.7.

* 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  (NYSE:STT) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


State Street Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of State Street's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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