BNY Mellon Declares Dividends

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.

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 $0.37 per share, payable on November 10, 2022 to shareholders of record as of the close of business on October 27, 2022.

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

• $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 $42.2 trillion in assets under custody and/or administration, and $1.8 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
+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

FAQ

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

The dividend amount for BNY Mellon common stock is $0.37 per share.

When is the BNY Mellon (BK) common stock dividend payable?

The BNY Mellon common stock dividend is payable on November 10, 2022.

What dividends has BNY Mellon (BK) declared for preferred stock?

BNY Mellon declared various preferred stock dividends, including $1,044.05 for Series A and $2,250.00 for Series D.

When is the dividend payment date for BNY Mellon (BK) preferred stock?

The preferred stock dividends are payable on December 20, 2022.

What is the record date for the BNY Mellon (BK) common stock dividend?

The record date for the BNY Mellon common stock dividend is October 27, 2022.