State Street Corporation announced a quarterly cash dividend of $0.92 per share on its common stock. The dividend is payable on October 13, 2026 to shareholders of record at the close of business on October 1, 2026. Additionally, the company declared cash dividends on four series of its non-cumulative perpetual preferred stock.

Preferred Stock Dividends

Dividends were declared on Series G, I, J, and K preferred stock, with payments scheduled for September 15, 2026. The record date for these series is the close of business on September 1, 2026.

Company Overview

State Street Corporation provides financial services to institutional investors, including investment servicing, investment management, and research and trading. As of March 31, 2026, the company reported $54.5 trillion in assets under custody and/or administration and $5.6 trillion in assets under management. State Street operates in more than 100 geographic markets and employs approximately 51,000 people worldwide.

State Street Corporation announced a 10% increase in its common stock dividend to $0.92 per share for the third quarter of 2026, pending approval by its Board of Directors. The firm also confirmed that its common equity tier 1 (CET1) ratio requirement remains unchanged at 8% following the completion of the Federal Reserve’s 2026 Supervisory Stress Test. This capital adequacy allows the firm to return capital to shareholders while maintaining regulatory compliance.

Stress Test Results and Capital Ratios

The 2026 stress test results will not alter State Street’s Stress Capital Buffer (SCB), which stays at the 2.5% floor through September 30, 2027. Consequently, the CET1 ratio requirement holds steady at 8%. This requirement comprises the 4.5% minimum regulatory requirement, the 2.5% SCB, and the current 1% G-SIB surcharge.

Dividend and Share Repurchase Plans

State Street’s Board of Directors will consider the dividend increase at a regularly scheduled meeting in the third quarter of 2026. The declaration, timing, and amount of dividends remain subject to Board approval. Additionally, the company retains authorization to repurchase common shares under its existing program. Repurchases may occur through open-market purchases, accelerated share repurchases, or other off-market transactions, including those under Rule 10b5-1 trading programs. The timing and volume of these purchases will depend on factors such as capital position, financial performance, and market conditions.

Operational Scale

As of March 31, 2026, State Street reported $54.5 trillion in assets under custody and/or administration and $5.6 trillion in assets under management. The firm operates in more than 100 geographic markets with approximately 51,000 employees worldwide.