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State Street Co. reported a Q2 net margin of 8.98%, ROE of 11.78%, and increased quarterly dividend to $0.76.
State Street Co. (NYSE: STT) saw a 3.3% reduction in Assenagon Asset Management S.A.'s position in Q2, now owning 9,707 shares.
State Street reported a net margin of 8.98% and return on equity of 11.78% for Q2, surpassing analyst estimates.
The company announced a $0.76 quarterly dividend, an increase from $0.69, representing a 3.62% yield.
State Street offers various financial products and services to institutional investors globally.
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State Street Co. reportó un margen neto de Q2 de 8,98%, ROE de 11,78%, y aumentó el dividendo trimestral a $0,76.