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

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. Dividends will be calculated at an annual rate of 5.350%, and from, and including, March 15, 2026, dividends will be calculated at an annual rate equal to three-month LIBOR plus 3.709%. The shares may be redeemed at the issuer's option, in whole or in part, on March 15, 2026, or any dividend payment date thereafter, at a redemption price equal to $25 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.

$24.92  +0.48 (1.96%)
As of 03/27/2023 11:08:53 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:  04/13/2016
Outstanding shares:  20,000,000
Average volume:  13,812
Market cap:   $506,000,000
Current dividend yield:  5.29%    calculation
Initial coupon rate:    5.350%
Spread to LIBOR: 0.037090
Cumulative:    No
Liquidation value:   $25.00
Callable after:   03/15/2026
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:      BYPK477

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