State Street Dividends and Buybacks
Dividend criteria checks 5/6
State Street is a dividend paying company with a current yield of 3.12% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
3.1%
Dividend yield
4.7%
Buyback Yield
| Total Shareholder Yield | 7.8% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 7.7% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$3.040 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STT.PRG's dividends per share have been stable in the past 10 years.
Growing Dividend: STT.PRG'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.PRG) | 3.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (STT.PRG) (up to 3 years) | 3.4% |
Notable Dividend: STT.PRG's dividend (3.12%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: STT.PRG's dividend (3.12%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.3%), STT.PRG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STT.PRG's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).