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Published in Business and Finance on Thursday, February 26th 2009 at 12:50 GMT, Last Modified on 2009-02-26 12:50:48 by Market Wire

BOSTON--([ BUSINESS WIRE ])--State Street Corporation (NYSE:STT) today announced a quarterly dividend of $0.01 per share of common stock, payable April 15, 2009, to stockholders of record as of April 1, 2009. On February 5, 2009, State Street announced a plan to enhance its pro forma Tangible Common Equity ratio, a component of which was to reduce its dividend to $0.01 per share of common stock.
State Street Corporation is the world's leading specialist in providing institutional investors with investment servicing, investment management and investment research and trading services. With $12.04 trillion in assets under custody and $1.44 trillion in assets under management at December 31, 2008, State Street operates in 27countries and more than 100 geographic markets worldwide and employs 28,475 worldwide.