Forbes -
26 Aug 2014 19:52

On 8/28/14, 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 9/15/14. As a percentage of STT.PRC's recent share price of $23.65, this dividend works out to approximately 1.39%, so look for shares of STT.PRC to trade 1.39% lower — all else being equal — when STT.PRC shares open for trading on 8/28/14. On an annualized basis, the current yield is approximately 5.54%, which compares ...
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