BNY Mellon Declares Dividends

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.

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 $0.34 per share, payable on May 11, 2022 to shareholders of record as of the close of business on April 28, 2022.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2022, in each case payable on June 21, 2022 to holders of record as of the close of business on June 5, 2022:

• $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 $45.5 trillion in assets under custody and/or administration, and $2.3 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-301526976.html

SOURCE The Bank of New York Mellon Corporation

FAQ

What is the dividend amount declared by BNY Mellon (BK)?

The dividend amount declared by BNY Mellon (BK) is $0.34 per share for common stock.

When is the dividend payable for BNY Mellon (BK)?

The dividend for BNY Mellon (BK) is payable on May 11, 2022.

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

The preferred stock dividends are $1,022.22 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I.

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

The preferred dividends for BNY Mellon (BK) are payable on June 21, 2022.