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State Street Corporation Announces Preliminary Stress Capital Buffer Requirement, Intention to Increase Its Quarterly Common Stock Dividend to $0.57 Per Share and Release of Its 2021 Dodd-Frank Annual Stress Test Results

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BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT) today announced its preliminary stress capital buffer (SCB) requirement of 2.5%, effective October 1, 2021, and the intention to increase its quarterly common stock dividend by 10% to $0.57 per share in the third quarter, subject to consideration and approval by its Board of Directors. State Street’s calculated SCB under this year’s supervisory stress test was well below the 2.5% minimum, preliminarily resulting in an SCB at that flo

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