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.

August 25, 2024
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