State Street Corp. (STT) recently hiked its quarterly cash dividend. The company declared a quarterly cash dividend of 76 cents per share, marking an increase of 10.1% from the prior payout. The dividend will be paid out on Oct 11 to shareholders of record as of Oct 1.This hike is in line with the company’s previous announcement to increase its dividend post its stress test 2024 results. The results demonstrated that STT’s stress capital buffer was well below the 2.5% minimum while its common equity tier 1 ...