State Street Corp. Dividend yield

State Street Corp. is part of Financial Services business, which is part of Financials industry. State Street Corp. is a company from USA, and his stocks are publicly traded.

State Street Corp. stock dividend

State Street Corp. paid a total dividend of 842 million USD last year, for a market value of 22,959 millions (Market Cap 22,899 millions). State Street Corp. dividend per share is 2.52 USD, and his stock market price 68.74 USD.

According to the chart below, where dividend yield is displayed, State Street Corp. has a dividend yield of 3.67%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare State Street Corp. stocks dividend with other Financial Services companies or other of the high USA dividend stocks list.

State Street Corp. Dividend Payout

About the ability of State Street Corp. to maintain his current dividend of USD 2.52 per share, an amount that accounts for 3.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). State Street Corp. payout on ernings is currently 28.97%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that State Street Corp.can maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of State Street Corp. is USD 36.18 per share, which is higher than the dividend per share paid by the company of USD 2.52, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of State Street Corp., compared againt world market average, USA companies, Financials industry and Financial Services sector companies.

State Street Corp. Dividend History

Below you will find a table with the historical evolution of State Street Corp.'s dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.67%	2.52	28.97%	334
2022	3.25%	2.52	32.81%	367
2021	2.45%	2.28	33.33%	365
2020	2.86%	2.08	32.60%	352
2019	2.63%	2.08	28.93%	364
2018	2.98%	1.88	28.92%	379
2017	1.72%	1.68	29.07%	376
2016	1.93%	1.52	28.95%	390
2015	1.87%	1.36	25.47%	412

*In millions

Then you can see the evolution of State Street Corp. dividend stock, and compare it with the average of USA stocks and that of the Financial Services stocks.

State Street Corp. Stock performance

Finally, last moth State Street Corp. showed a return of -5.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 0.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Financial Services firms.