State Street Dividend
Dividend criteria checks 5/6
State Street is a dividend paying company with a current yield of 3.65% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
3.7%
Dividend yield
49%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 01 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | US$5.69 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0L9G's dividends per share have been stable in the past 10 years.
Growing Dividend: 0L9G's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| State Street Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0L9G) | 3.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast in 3 Years (0L9G) | 4.2% |
Notable Dividend: 0L9G's dividend (3.65%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: 0L9G's dividend (3.65%) is low compared to the top 25% of dividend payers in the UK market (5.59%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), 0L9G's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0L9G's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).