State Street Dividend
Dividend criteria checks 5/6
State Street is a dividend paying company with a current yield of 3.43% that is well covered by earnings. Next payment date is on 11th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
3.4%
Dividend yield
51%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 11 Oct 24 |
Ex dividend date | 01 Oct 24 |
Dividend per share | US$3.040 |
Earnings per share | US$5.50 |
Dividend yield forecast | 3.7% |
Recent dividend updates
State Street (NYSE:STT) Is Increasing Its Dividend To $0.76
Sep 19State Street (NYSE:STT) Is Increasing Its Dividend To $0.76
Sep 05State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76
Aug 22State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76
Jul 22Recent updates
State Street (NYSE:STT) Is Increasing Its Dividend To $0.76
Sep 19State Street: Strong Regulatory Capital And Positives Outweigh The Negatives (Rating Upgrade)
Sep 19State Street (NYSE:STT) Is Increasing Its Dividend To $0.76
Sep 05State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76
Aug 22State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76
Jul 22State Street Looks Interesting Heading Into Q2 Earnings Yielding 3.61%
Jul 15State Street (NYSE:STT) Has Announced A Dividend Of $0.69
Jun 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STT's dividends per share have been stable in the past 10 years.
Growing Dividend: STT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
State Street Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (STT) | 3.4% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.3% |
Industry Average (Capital Markets) | 2.1% |
Analyst forecast (STT) (up to 3 years) | 3.7% |
Notable Dividend: STT's dividend (3.43%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: STT's dividend (3.43%) is low compared to the top 25% of dividend payers in the US market (4.33%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), STT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STT's dividends in 3 years are forecast to be well covered by earnings (30.9% payout ratio).