State Street Stock To Go Ex-dividend Monday (STT)

NEW YORK ( TheStreet) -- The ex-dividend date for State Street (NYSE: STT) is Monday, December 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $72.70 as of 9:50 a.m. ET, the dividend yield is 1.4%.

The average volume for State Street has been 2.3 million shares per day over the past 30 days. State Street has a market cap of $31.71 billion and is part of the financial sector and financial services industry. Shares are up 54.7% year to date as of the close of trading on Thursday.

State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide.

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TheStreet Ratings rates State Street as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full State Street Ratings Report.

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