State Street Corporation (NYSE:STT) today declared a quarterly cash dividend on its non-cumulative perpetual preferred stock, Series C (represented by depositary shares, each representing a 1/4000th interest in a share of Series C preferred stock). The cash dividend is in the amount of $1,312.50 per share of Series C preferred stock (resulting in a distribution of $0.3281 per depositary share) and is payable on December 16, 2013 to the holders of record of the Series C preferred stock at the close of business on December 2, 2013.
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $25.74 trillion in assets under custody and administration and $2.15 trillion 1 in assets under management at June 30, 2013, State Street operates in more than 100 geographic markets and employs 29,225 worldwide. For more information, visit State Street's website at www.statestreet.com or call +1 877/639-7788 [NEWS STT] toll-free in the United States and Canada, or +1 678/999-4577 outside those countries.
1 This AUM includes the assets of the SPDR Gold Trust (approx. $37 billion as of June 30, 2013), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent