State Street Corp.'s Non-Cumulative Perpetual Preferred Stock, Series C Ex-Dividend Reminder

On 5/29/13, State Street Corp.'s Non-Cumulative Perpetual Preferred Stock, Series C (NYSE: STT.PRC) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 6/17/13. As a percentage of STT.PRC's recent share price of $25.87, this dividend works out to approximately 1.27%, so look for shares of STT.PRC to trade 1.27% lower -- all else being equal -- when STT.PRC shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 5.08%, which compares to...