State Street plans 10% dividend hike after passing Fed stress test
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall St falls as tech earnings spark AI spending worries and oil hits $100
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- RTX stock jumps as company lifts guidance after Q2 beat
State Street Corporation Announces Planned 10% Dividend Increase and 2026 Federal Reserve Supervisory Stress Test Results
June 24, 2026 4:44 PM EDTBOSTON--(BUSINESS WIRE)--
State Street Corporation (NYSE: STT) today announced its intention to increase its common stock dividend by 10% to $0.92 per share in the third quarter of 2026, subject to approval by its Board of Directors. State Street remains authorized to repurchase common shares under its existing share repurchase program previously approved by its Board of Directors.
The Company also announced that it has completed the Federal Reserves 2026 Supervisory Stress Test. Consistent with the Federal Reserves announcement that it will maintain existing Stress Capital Buffer (SCB)... More
