State Street (STT) Boosts Qtr. Dividend To $0.18; Yields 1.6%; OKs $675M Buyback
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State Street Corporation (NYSE: STT) today announced a quarterly dividend of $0.18 per share of common stock, $0.72 annualized. The dividend is an increase from the current rate of $0.01.
The dividend is payable April 15, 2011, to stockholders of record as of April 1, 2011. The ex-dividend date is March 30, 2011.
Yield on the dividend is 1.6%.
State Street also announced that its Board of Directors has approved a new common stock purchase program authorizing the purchase of up to $675 million of common stock in 2011.
The dividend is payable April 15, 2011, to stockholders of record as of April 1, 2011. The ex-dividend date is March 30, 2011.
Yield on the dividend is 1.6%.
State Street also announced that its Board of Directors has approved a new common stock purchase program authorizing the purchase of up to $675 million of common stock in 2011.
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