BNY Mellon Declares Dividends
On October 17, 2022, BNY Mellon (NYSE: BK) announced a quarterly dividend of $0.37 per share on common stock, payable on November 10, 2022, to shareholders recorded by October 27, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On October 17, 2022, BNY Mellon (NYSE: BK) announced a quarterly dividend of $0.37 per share on common stock, payable on November 10, 2022, to shareholders recorded by October 27, 2022. Additionally, dividends for preferred stock for the period ending December 2022 were declared, with notable amounts including $1,044.05 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I, all payable on December 20, 2022.
Positive
- Quarterly dividend of $0.37 per share demonstrates consistent shareholder returns.
- Preferred stock dividends reflect strong financial management and commitment to investors.
Negative
- None.
Details
News Market Reaction – BK
The recorded move for BK in the trading session of this news was +5.08%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Oct. 17, 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
$1,044.05 per share on the Series A Preferred Stock (equivalent to$10.440455 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).
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 Sept. 30, 2022, BNY Mellon had
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-301650626.html
SOURCE BNY Mellon
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