BNY Mellon Declares Dividends

BNY Mellon (NYSE: BK) has declared a quarterly common stock dividend of $0.37 per share, payable on May 11, 2023, to shareholders of record as of April 28, 2023.

Rhea-AI Summary

BNY Mellon (NYSE: BK) has declared a quarterly common stock dividend of $0.37 per share, payable on May 11, 2023, to shareholders of record as of April 28, 2023. Additionally, dividends for its preferred stock include $1,412.60 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I, all payable on June 20, 2023. The record date for these preferred dividends is June 5, 2023. BNY Mellon manages approximately $46.6 trillion in assets under custody and $1.9 trillion in assets under management as of March 31, 2023. Established in 1784, it remains a key player in global capital markets.

Positive

• Quarterly common stock dividend of $0.37 per share enhances shareholder income.
• Substantial preferred stock dividends reflect strong financial health.

Negative

• None.

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NEW YORK, April 18, 2023 /PRNewswire/ -- BNY Mellon (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 May 11, 2023 to shareholders of record as of the close of business on April 28, 2023.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2023, in each case payable on June 20, 2023 to holders of record as of the close of business on June 5, 2023:

• $1,412.60 per share on the Series A Preferred Stock (equivalent to $14.126012 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).

Established in 1784, BNY Mellon is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK).  Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle.  BNY Mellon had $46.6 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of March 31, 2023.  BNY Mellon has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.  Additional information is available on www.bnymellon.com.  Follow us on LinkedIn or visit our 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-301800176.html

SOURCE BNY Mellon

FAQ

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

What is the dividend amount declared by BNY Mellon (BK) in April 2023?

BNY Mellon declared a quarterly common stock dividend of $0.37 per share.

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

The dividend payment date for common stock is May 11, 2023.

What are the dividends for BNY Mellon's preferred stock for June 2023?

Dividends for preferred stock are $1,412.60 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I.

When will BNY Mellon's preferred stock dividends be paid?

Preferred stock dividends will be paid on June 20, 2023.

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

The record date for the common stock dividend is April 28, 2023.