Bank New York Mellon Corp Stock Price, News & Analysis

On January 25, 2023, the BNY Mellon High Yield Strategies Fund (NYSE: DHF) announced a monthly cash dividend of $0.015 per share, to be paid on February 23, 2023. Shareholders must be on record by February 8, 2023, with an ex-dividend date set for February 7, 2023. This dividend matches the previous month's amount. The investment adviser, BNY Mellon Investment Adviser, Inc., is part of a large asset manager with $1.8 trillion in assets under management as of December 31, 2022. The fund entails risks, including fluctuating returns and values.

BNY Mellon (NYSE: BK) has launched a new outsourced trading service aimed at buy-side institutions, including asset managers. This service will utilize the capabilities of xBK, which handles over $1 trillion in trading volume annually. Key benefits for clients include reduced operational costs, access to diverse asset classes, and improved trading outcomes through advanced technology and systematic workflows. BNY Mellon aims to enhance client competitiveness in a challenging market, addressing issues such as fee pressures and increased trading complexities. The company reported $44.3 trillion in assets under custody as of December 2022.

BNY Mellon and Fiserv have partnered to enhance real-time foreign exchange (FX) rate quotes for U.S. financial institutions. This collaboration allows institutions to access BNY Mellon's FX rate quotes in over 120 currencies via Fiserv's Payments Exchange platform without extensive integration. This solution aims to reduce the costs associated with accessing real-time FX rates, addressing challenges U.S. institutions face with cross-border payments. The offering includes transaction tracking and reporting tools for improved client support and transparency. The partnership highlights both companies' commitment to streamlining global payment processes.

Compañía de Minas Buenaventura S.A.A (NYSE: BVN) has scheduled its Fourth Quarter 2022 earnings conference call for March 1, 2023, at 9:00 AM ET and will release results on February 28, 2023, after market close. CEO Leandro García Raggio and senior management will participate to discuss key financial and operational results. Buenaventura, Peru's largest publicly traded precious metals company, operates several mines, including Tambomayo and Orcopampa, and holds a 19.58% stake in Sociedad Minera Cerro Verde. For live participation, dial +1-844-282-4460 or use the Call Me Link.

BNY Mellon | Pershing has integrated Real-Time Payments (RTP) technology into its NetXInvestor® platform, enhancing the portal used by broker-dealers and registered investment advisors. This cutting-edge feature allows real-time deposits and withdrawals, enabling instant, secure access to funds. The integration reflects BNY Mellon's commitment to innovation in digital payments, aiming to improve efficiency for clients. The RTP also supports environmental sustainability by reducing paper-based processes. This new capability is expected to enhance client satisfaction and broaden access to fast money transfers.

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.

BNY Mellon has released its financial results for the fourth quarter of 2022, highlighting its position as a global investment company. As of December 31, 2022, the company managed $44.3 trillion in assets under custody and/or administration, along with $1.8 trillion in assets under management. The earnings release and additional information are accessible on their investor relations website. Furthermore, a conference call and audio webcast will take place at 10 a.m. ET today, providing insights into the results and future outlook.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. has announced a quarterly tender offer for 2.5% of its outstanding shares as of December 31, 2022. The tender offer commences on January 18, 2023, and expires on February 14, 2023, at 5:00 p.m. Eastern Time, unless extended. The offer price will be based on the net asset value per share determined as of December 31, 2022. Shareholders will receive detailed Offer Documents and are encouraged to review them for important information regarding the tender offer.