State Street Corporation, a leading financial services company, has recently declared its third-quarter dividend on its common stock, bringing great news to its shareholders. The announcement, made on July 20, 2023, includes a significant increase in dividends, demonstrating the company's commitment to delivering value to its investors.

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10% Per Share Increase in Dividends

State Street Corporation has decided to enhance its shareholder returns by raising the quarterly cash dividend for the third quarter of 2023. The dividend payout will amount to $0.69 per share of common stock. This represents a notable 10% per share increase compared to the second-quarter dividend of $0.63 per share. This move showcases the company's strong financial performance and positive outlook for the future.

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Benefitting Common Shareholders

The dividend will be payable on October 12, 2023, to common shareholders who are on record as of October 2, 2023. As a result, investors who hold State Street Corporation's common stock can look forward to receiving the increased dividend, reinforcing their confidence in the company's stability and growth potential.

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Continued Commitment to Shareholders

State Street Corporation has a long-standing commitment to providing value to its shareholders, and the latest dividend increase is a testament to this dedication. By sharing its success with investors through dividends, the company acknowledges their vital role in its continued prosperity and affirms its efforts to create sustainable value for its shareholders.