State Street (STT) Declares $0.38 Quarterly Dividend; 2.2% Yield
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- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
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- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
State Street Global Advisors (STT) Announces Distribution Breakdown Associated with Financial Select Sector SPDR (XLF) Modification
September 19, 2016 10:07 AM EDTState Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), announced the expected distribution breakdown of the special dividend associated with the upcoming modifications to the index constituents of the Financial Select Sector Index (Financial Sector Index), and the Financial Select Sector SPDR Fund (XLF).
As announced in June, in order to facilitate an efficient transition to the reconstituted Financial Sector Index, XLF has sought to obtain its real estate exposure in shares of The Real Estate Select Sector SPDR Fund (XLRE) in advance of the Financial... More