BNY Mellon Declares Dividends

The Bank of New York Mellon Corporation (NYSE: BK) announced its Board of Directors declared a quarterly common stock dividend of $0.37 per share, payable on February 3, 2023, to shareholders of record as of the close of business on January 23, 2023.

Rhea-AI Summary

The Bank of New York Mellon Corporation (NYSE: BK) announced its Board of Directors declared a quarterly common stock dividend of $0.37 per share, payable on February 3, 2023, to shareholders of record as of the close of business on January 23, 2023. Additionally, dividends for noncumulative perpetual preferred stock were declared, with payments scheduled for March 20, 2023. Key amounts include $1,327.72 for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I, all to be paid to holders of record as of March 5, 2023.

Positive

• Declared quarterly common stock dividend of $0.37 per share.
• Preferred stock dividends declared with significant amounts, reflecting strong liquidity.

Negative

• None.

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NEW YORK, Jan. 13, 2023 /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 February 3, 2023 to shareholders of record as of the close of business on January 23, 2023.

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

• $1,327.72 per share on the Series A Preferred Stock (equivalent to $13.277150 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);    
• $2,312.50 per share on the Series F Preferred Stock (equivalent to $23.125000 per depositary share, each representing a 1/100th interest in a share of the Series F Preferred Stock); 
• $2,350.00 per share on the Series G Preferred Stock (equivalent to $23.500000 per depositary share, each representing a 1/100th interest in a share of the Series G 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).

About BNY Mellon
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 Dec. 31, 2022, BNY Mellon had $44.3 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
Steve LaMarca
+1 908-581-8292
steve.lamarca@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-301721233.html

SOURCE BNY Mellon

FAQ

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

What is the common stock dividend amount for BK?

The common stock dividend amount declared for BK is $0.37 per share.

When will BK pay its common stock dividend?

BK will pay its common stock dividend on February 3, 2023.

What are the preferred stock dividend amounts for BK?

The preferred stock dividends for BK include $1,327.72 for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I.

When will BK pay its preferred stock dividends?

BK will pay its preferred stock dividends on March 20, 2023.

What are the record dates for BK's dividends?

The record date for the common stock dividend is January 23, 2023, and for preferred stock dividends, it is March 5, 2023.