State Street Corporation announced its regular quarterly dividend of $0.24 per common share, payable on January 15, 2009 to shareholders of record as of January 2, 2009. State Street has increased its common stock dividend twice each year since 1978. In compliance with the restrictions on dividend rate increases generally imposed on all participants in the US Treasurys TARP Capital Purchase Program, State Street did not increase its common stock dividend rate in the fourth quarter as has been its practice.
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