Summary
State Street Corporation (STT) filed an 8-K on November 13, 2012, primarily to disclose information related to an upcoming presentation at the Bank of America Merrill Lynch Banking and Financial Services Conference and to confirm a preferred stock dividend. The presentation, featuring Chairman, President and CEO Joseph L. Hooley and CFO Edward J. Resch, was scheduled for the same day and its accompanying slides were furnished as an exhibit. Investors could access a live webcast and a replay on State Street's investor relations website. The filing also confirmed the declaration of a quarterly dividend on Series C Preferred Stock. The dividend amount is $1,662.50 per share of Series C preferred stock, translating to $0.4156 per depositary share. This dividend is payable on December 17, 2012, to shareholders of record as of November 30, 2012. These disclosures provide important information for both preferred and common stockholders regarding upcoming investor communications and scheduled dividend payouts.
Key Highlights
- 1State Street Corporation (STT) announced an upcoming presentation by its CEO and CFO at the Bank of America Merrill Lynch Banking and Financial Services Conference on November 13, 2012.
- 2Presentation materials, including slides, were furnished as Exhibit 99.1 to the 8-K filing and are available on State Street's investor relations website.
- 3A live webcast of the presentation was available, with a recorded replay to follow on the company's website.
- 4The company confirmed a quarterly dividend payment for its Series C Non-Cumulative Perpetual Preferred Stock.
- 5The Series C Preferred Stock dividend is $1,662.50 per share, equivalent to $0.4156 per depositary share.
- 6The dividend payment date is December 17, 2012, with a record date of November 30, 2012.