BNY Mellon Declares Dividends
The Bank of New York Mellon Corporation (NYSE: BK) has declared a quarterly common stock dividend of $0.34 per share, payable on May 11, 2022, to shareholders of record by April 28, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
The Bank of New York Mellon Corporation (NYSE: BK) has declared a quarterly common stock dividend of $0.34 per share, payable on May 11, 2022, to shareholders of record by April 28, 2022. Additionally, the noncumulative perpetual preferred stock dividends announced include $1,022.22 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I, all payable on June 21, 2022. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and $2.3 trillion in assets under management.
Positive
- Quarterly common stock dividend of $0.34 per share boosts shareholder income.
- Preferred dividends provide substantial returns to holders across multiple series.
Negative
- None.
Details
News Market Reaction – BK
The recorded move for BK in the trading session of this news was -2.28%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, April 18, 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
Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference
$1,022.22 per share on the Series A Preferred Stock (equivalent to$10.222222 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);
$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).
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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, 2022, BNY Mellon had
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-301526976.html
SOURCE The Bank of New York Mellon Corporation
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