Boston, MA ... State Street Corporation (NYSE: STT) announced today that it has increased its quarterly dividend from $.13 per share to $.14 per share, payable July 15, 2003, to stockholders of record as of July 1, 2003. Following today's action, the quarterly dividend rate is 17% higher than a year ago.
State Street Corporation is the world's leading specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services. With $7.9 trillion in assets under custody and $788 billion in assets under management, State Street is headquartered in Boston, Massachusetts and operates in 21 countries and over 100 markets worldwide. For more information, visit State Street's web site at www.statestreet.com or call 877/639-7788 [NEWS STT] toll-free in the United States and Canada, or +1 202/266-3340 outside those countries.