AlphaMaven AlphaMaven

State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” “K,” and “L”

Reported by Business Wire
Nov 12, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • State Street Corporation (NYSE: STT) declared cash dividends on five series of non-cumulative perpetual preferred stock: Series G, I, J, K and L, all payable December 15, 2026 to holders of record at the close of business on December 1, 2026.
  • • Series G pays $1,352.36 per preferred share, or approximately $0.338090 per depositary share, with each depositary share representing a 1/4000th interest in a preferred share.
  • • Series I and J each pay $1,675.00 per preferred share (approximately $16.750000 per depositary share), while Series K pays $1,612.50 per share (approximately $16.125000 per depositary share).
  • • Series L pays $2,169.58 per preferred share (approximately $21.695800 per depositary share), covering the dividend period from August 12, 2026 to December 15, 2026.
  • • The announcement is a routine capital distribution to preferred shareholders, with no change in terms disclosed in the release.
Summary
State Street Corporation (NYSE: STT) announced today, according to a Business Wire release datelined Boston, that it has declared a cash dividend on each of five outstanding series of its non-cumulative perpetual preferred stock. The dividends are payable on December 15, 2026 to holders of record at the close of business on December 1, 2026.

Series G preferred stock is represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred. The dividend is $1,352.36 per preferred share, resulting in a distribution of approximately $0.338090 per depositary share. Series I and Series J are each represented by depositary shares representing a 1/100th interest in a preferred share. Each carries a dividend of $1,675.00 per preferred share, or approximately $16.750000 per depositary share. Series K carries a dividend of $1,612.50 per preferred share, or approximately $16.125000 per depositary share.

Series L, also represented by depositary shares representing a 1/100th interest, has the largest per-share payment in the group at $2,169.58 per preferred share, or approximately $21.695800 per depositary share. The company notes that this payment covers the dividend period from and including August 12, 2026 to, but excluding, December 15, 2026.

State Street describes itself as one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. The company reported $59.2 trillion in assets under custody and/or administration and $6.3 trillion in assets under management as of September 30, 2026, operating in more than 100 geographic markets with approximately 51,000 employees. The AUM figure includes approximately $172 billion in SPDR products for which SSGA Funds Distributors acts solely as marketing agent.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Business Wire State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” “K,” and “L”