Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
State Street's (STT) asset management business announces the acquisition of a 5% stake in Raiz, a leading Australian fintech platform.
State Street (STT) collaborates with Switzerland-based Taurus to expand its digital asset solutions and meet the rising institutional demand for digital assets.
Robust business servicing wins, global footprint, strategic expansion efforts and high rates are expected to support State Street (STT), making the stock an attractive pick.
State Street is partnering with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing institutional demand for such investments, the U.S. financial services provider told Reuters.
State Street (STT) reported earnings 30 days ago. What's next for the stock?
State Street (STT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
State Street (STT) remains well-positioned for growth driven by strategic initiatives, higher rates and improving fee income sources. Yet, rising costs and high reliance on fee-based revenues are woes.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
State Street (STT) increases quarterly cash dividend by 10.1% to 76 cents per share. A solid balance sheet and decent liquidity are likely to help sustain the company's capital distribution plans.
State Street's stock (NYSE: STT) has gained 10% YTD, as compared to the 17% rise in the S&P500 over the same period. Notably, State Street's peer BNY Mellon's stock (NYSE: BK) is up 12% YTD.