BNY Mellon Declares Dividends

Rhea-AI Summary

The Bank of New York Mellon Corporation (NYSE: BK) announced a quarterly dividend of $0.31 per share on common stock, payable on May 11, 2021, for shareholders of record by April 28, 2021. Additionally, dividends for preferred stocks include $1,011.11 on Series A, $2,250.00 on Series D, $911.68 on Series E, and $925.00 on Series H, payable on June 21, 2021. As of March 31, 2021, BNY Mellon managed $41.7 trillion in assets under custody and $2.2 trillion in assets under management.

Positive

• Quarterly dividend of $0.31 per share demonstrates the company's ongoing commitment to returning value to shareholders.
• Significant assets under management ($2.2 trillion) indicate strong financial health and growth potential.

Negative

• None.

NEW YORK, April 16, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors authorized dividends on its common and preferred stock as follows:

Common – a quarterly common stock dividend of $0.31 per share, payable on May 11, 2021 to shareholders of record as of the close of business on April 28, 2021.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2021, in each case payable on June 21, 2021 to holders of record as of the close of business on June 5, 2021:

• $1,011.11 per share on the Series A Preferred Stock (equivalent to $10.111111 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);
• $2,250.00 per share on the Series D Preferred Stock (equivalent to $22.500000 per depositary share, each representing a 1/100th interest in a share of the Series D Preferred Stock);
• $911.68 per share on the Series E Preferred Stock (equivalent to $9.116759 per depositary share, each representing a 1/100th interest in a share of the Series E Preferred Stock); and
• $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).

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries.  As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management.  BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com.  Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Media
Madelyn McHugh
(212) 635-1376
Madelyn.McHugh@bnymellon.com

Analysts
Magda Palczynska
(212) 635-8529
Magda.Palczynska@bnymellon.com

View original content:http://www.prnewswire.com/news-releases/bny-mellon-declares-dividends-301270502.html

SOURCE BNY Mellon

FAQ

What is the dividend amount for BNY Mellon (BK)?

The quarterly dividend for BNY Mellon is $0.31 per share.

When will BNY Mellon pay its dividend?

The dividend will be paid on May 11, 2021.

What are the preferred stock dividends for BNY Mellon (BK)?

Preferred dividends include $1,011.11 on Series A, $2,250.00 on Series D, $911.68 on Series E, and $925.00 on Series H.

When are the preferred dividends payable for BNY Mellon (BK)?

Preferred dividends will be payable on June 21, 2021.

How much does BNY Mellon manage in assets?

As of March 31, 2021, BNY Mellon manages $41.7 trillion in assets under custody and $2.2 trillion in assets under management.