NEW YORK ( TheStreet) -- The ex-dividend date for State Street (NYSE: STT) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $45.39 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for State Street has been 4.1 million shares per day over the past 30 days. State Street has a market cap of $20.32 billion and is part of the financial sector and banking industry. Shares are up 12.9% year to date as of the close of trading on Tuesday. State Street Corporation, a financial holding company, provides various financial products and services to institutional investors worldwide. The company has a P/E ratio of 12.2, above the average banking industry P/E ratio of 10.9 and below the S&P 500 P/E ratio of 17.7.
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