State Street Dividend
Dividend criteria checks 5/6
State Street is a dividend paying company with a current yield of 3.76% 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
3.8%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.2% |
| 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 in 3Y | 4.1% |
Recent dividend updates
State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76
Aug 22
State 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 (NYSE:STT) Has Announced A Dividend Of $0.69
Jun 30Recent updates
State 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 30State Street: An Anchor To Hold Onto With Dividend Growth And Capital Strength (Ratings Downgrade)
Dec 22Upcoming Dividend Payment
Stability 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) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Capital Markets) | 2.2% |
| Analyst forecast in 3 Years (STT) | 4.1% |
Notable Dividend: STT's dividend (3.76%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: STT's dividend (3.76%) is low compared to the top 25% of dividend payers in the US market (4.48%).
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 (31.1% payout ratio).