Previous close | 76.19 |
Open | 76.65 |
Bid | 77.21 x 1300 |
Ask | 77.24 x 800 |
Day's range | 76.30 - 77.40 |
52-week range | 62.78 - 81.37 |
Volume | |
Avg. volume | 2,224,503 |
Market cap | 23.331B |
Beta (5Y monthly) | 1.53 |
PE ratio (TTM) | 13.85 |
EPS (TTM) | 5.58 |
Earnings date | 12 Apr 2024 |
Forward dividend & yield | 2.76 (3.59%) |
Ex-dividend date | 28 Mar 2024 |
1y target est | 86.62 |
State Street Corporation (NYSE:STT) recently announced a dividend of $0.69 per share, payable on 2024-04-11, with the ex-dividend date set for 2024-03-28. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into State Street Corporation's dividend performance and assess its sustainability.
State Street is spelling out criteria its portfolio companies must use to explain their directors' service on multiple boards, the asset manager's top stewardship executive said in an interview. Director service on too many boards, known as "overboarding" has drawn scrutiny from many investors and helped drive down the share of board members of Russell 3000 index companies who serve on more than one board to 17.2% at the end of 2023 from 19% in 2018, according to researcher Equilar. With $4.1 trillion under management as of Dec. 31, State Street is an influential investor whose proxy votes shape the corporate governance policies of many large companies.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes? Let's find out.