BNY Mellon Declares Dividends

The Bank of New York Mellon Corporation (NYSE: BK) announced the declaration of dividends for its common and preferred stock.

Rhea-AI Summary

The Bank of New York Mellon Corporation (NYSE: BK) announced the declaration of dividends for its common and preferred stock. A quarterly dividend of $0.37 per share will be paid on August 5, 2022, to shareholders of record on July 25, 2022. Preferred dividends include $1,011.11 for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I, all payable on September 20, 2022, to holders of record on September 5, 2022.

Positive

• Quarterly common stock dividend of $0.37 per share demonstrates consistent shareholder returns.
• Preferred dividends show commitment to maintaining payouts across multiple classes.

Negative

• None.

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NEW YORK, July 15, 2022 /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 $0.37 per share, payable on August 5, 2022 to shareholders of record as of the close of business on July 25, 2022.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in September 2022, in each case payable on September 20, 2022 to holders of record as of the close of business on September 5, 2022:

• $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);
  
  
• $2,312.50 per share on the Series F Preferred Stock (equivalent to $23.125000 per depositary share, each representing a 1/100th interest in a share of the Series F Preferred Stock);
  
  
• $2,350.00 per share on the Series G Preferred Stock (equivalent to $23.500000 per depositary share, each representing a 1/100th interest in a share of the Series G 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).

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 June 30, 2022, BNY Mellon had $43.0 trillion in assets under custody and/or administration, and $1.9 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.

Contacts:

Media
Garrett Marquis
(949) 683-1503
Garrett.Marquis@bnymellon.com 

Analysts
Marius Merz
(212) 298-1480
Marius.Merz@bnymellon.com

View original content:https://www.prnewswire.com/news-releases/bny-mellon-declares-dividends-301587368.html

SOURCE BNY Mellon

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Bank of New York Mellon (BK)?

The common stock dividend is $0.37 per share.

When is the dividend payment date for BK's common stock?

The payment date for the common stock dividend is August 5, 2022.

What are the preferred stock dividends announced by BK?

The preferred dividends include $1,011.11 for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I.

When will Bank of New York Mellon pay the preferred stock dividends?

The preferred stock dividends will be paid on September 20, 2022.

What is the record date for BK's common stock dividend?

The record date for the common stock dividend is July 25, 2022.