State Street Corporation (STT) Ex-Dividend Date Scheduled for June 27, 2013

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State Street Corporation ( STT ) will begin trading ex-dividend on June 27, 2013. A cash dividend payment of $0.26 per share is scheduled to be paid on July 16, 2013. Shareholders who purchased STT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.33% increase over the same period a year ago. At the current stock price of $64.84, the dividend yield is 1.6%.

The previous trading day's last sale of STT was $64.84, representing a -4.89% decrease from the 52 week high of $68.18 and a 66.47% increase over the 52 week low of $38.95.

STT is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). STT's current earnings per share, an indicator of a company's profitability, is $4.32. Zacks Investment Research reports STT's forecasted earnings growth in 2013 as 15.3%, compared to an industry average of 2.8%.

For more information on the declaration, record and payment dates, visit the STT Dividend History page.

Interested in gaining exposure to STT through an Exchange Traded Fund [ETF]?
The following ETF(s) have STT as a top-10 holding:

  • PowerShares KBW Capital Markets Portfolio ( KBWC )
  • SPDR S&P Capital Markets ETF ( KCE )
  • Guggenheim S&P 500 Equal Weight Financials ETF ( RYF )
  • PowerShares Dynamic LargeCap Value ( PWV )
  • First Trust Value Line Equity Allocation Index(sm)Fund ( FVI ).

The top-performing ETF of this group is KCE with an increase of 22.67% over the last 100 days. KBWC has the highest percent weighting of STT at 9.32%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , Stocks


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