State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series D, F, G, and H
In a recent press release, State Street Corporation announced the declaration of cash dividends on its outstanding series of non-cumulative perpetual preferred stock.The dividends are applicable to Series D, F, G, and H, with specific details provided for the Series D preferred stock represented by depositary shares.
According to the press release, the cash dividend declared for Series D preferred stock amounts to $1,475.00 per share.This translates to a distribution of approximately $0.368750 per depositary share.Shareholders of Series D preferred stock can expect to receive their dividends on December 15, 202X.
Additionally, it is worth noting that State Street Corporation has witnessed a decline in its stock performance during the past week.With a decrease of -1.83%, the year-to-date performance now stands at -15.15%. Despite this, the stock still trades 6% above its 52-week low.
The announcement of cash dividends on the non-cumulative perpetual preferred stock reflects State Street Corporation’s commitment to providing value and returns to its shareholders.The declared dividend amount for Series D preferred stock demonstrates the company’s dedication to rewarding its investors.
State Street Corporation, a leading financial institution, continually strives to uphold its reputation for delivering strong financial performance.The declaration of dividends on its preferred stock reinforces the company’s commitment to its shareholders and the stability of its financial standing.
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