BNY Mellon Declares Dividends

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BNY Mellon declares dividends

Positive

• The Bank of New York Mellon Corporation (BK) has declared a quarterly common stock dividend of $0.42 per share, payable on November 9, 2023.
• For the noncumulative perpetual preferred stock, BNY Mellon has declared dividends ranging from $1,573.41 to $937.50 per share, payable on December 20, 2023.
• BNY Mellon had $45.7 trillion in assets under custody and/or administration and $1.8 trillion in assets under management as of Sept. 30, 2023.

Negative

• None.

NEW YORK, Oct. 17, 2023 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors declared dividends on its common and preferred stock as follows:

Common – a quarterly common stock dividend of $0.42 per share, payable on November 9, 2023 to shareholders of record as of the close of business on October 27, 2023.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in December 2023, in each case payable on December 20, 2023 to holders of record as of the close of business on December 5, 2023:

• $1,573.41 per share on the Series A Preferred Stock (equivalent to $15.734052 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);
  
  
  
• $2,052.42 per share on the Series D Preferred Stock (equivalent to $20.524191 per depositary share, each representing a 1/100th interest in a share of the Series D Preferred Stock); 
  
  
  
• $925.00 per share on the Series H Preferred Stock (equivalent to $9.250000 per depositary share, each representing a 1/100th interest in a share of the Series H Preferred Stock); and
  
  
  
• $937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock).

Established in 1784, BNY Mellon is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK).  Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle.  BNY Mellon had $45.7 trillion in assets under custody and/or administration and $1.8 trillion in assets under management as of Sept. 30, 2023.  BNY Mellon has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.  Additional information is available on www.bnymellon.com.  Follow us on LinkedIn or visit our Newsroom for the latest company news.

Contacts:

Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bnymellon.com

Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com

 

View original content:https://www.prnewswire.com/news-releases/bny-mellon-declares-dividends-301958818.html

SOURCE BNY Mellon

FAQ

What is the dividend for BNY Mellon's common stock?

BNY Mellon has declared a quarterly dividend of $0.42 per share for its common stock.

When will the dividend for the common stock be payable?

The dividend for the common stock will be payable on November 9, 2023.

What is the dividend for BNY Mellon's preferred stock?

BNY Mellon has declared dividends ranging from $1,573.41 to $937.50 per share for its preferred stock.

When will the dividend for the preferred stock be payable?

The dividend for the preferred stock will be payable on December 20, 2023.

What are BNY Mellon's assets under custody and/or administration?

BNY Mellon had $45.7 trillion in assets under custody and/or administration as of Sept. 30, 2023.

What are BNY Mellon's assets under management?

BNY Mellon had $1.8 trillion in assets under management as of Sept. 30, 2023.