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STT-D State Street Corporation ADRs of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D

Dividends will be payable on the liquidation preference amount, on a non-cumulative basis, quarterly in arrears on the 15th day of March, June, September and December of each year, commencing on June 15, 2014. From the date of issuance to, but excluding, March 15, 2024, dividends will be calculated at an annual rate of 5.90%, and from, and including, March 15, 2024, dividends will be calculated at an annual rate equal to three-month LIBOR plus 3.108%. On March 15, 2024 or any dividend declaration date thereafter, the preferred stock and corresponding depositary shares may be redeemed by us, in whole or in part, at the liquidation price per share and liquidation price per depositary share plus any declared and unpaid dividends, without accumulation of any undeclared dividends.  This security was issued by State Street Corp, whose common stock symbol is STT.

$23.25  +0.27 (1.18%)
As of 03/27/2023 11:26:04 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Asset Management
Index country:  USA
Country of incorporation:  USA
IPO date:  03/10/2014
Outstanding shares:  30,000,000
Average volume:  36,547
Market cap:   $754,500,000
Current dividend yield:  5.86%    calculation
Initial coupon rate:    5.900%
Spread to LIBOR: 0.031080
Cumulative:    No
Liquidation value:   $25.00
Callable after:   03/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BK4Z903

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