Bank New York Mellon Corp Stock Price, News & Analysis

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.

Compañia de Minas Buenaventura S.A.A. (NYSE: BVN) has announced that road blockades near its Julcani and Orcopampa mines have been lifted, allowing operations to resume normally. There was no damage to company assets, enabling Buenaventura to maintain its 2022 production guidance. The firm is Peru's largest publicly traded precious metals mining company, involved in the exploration and mining of gold and silver through wholly-owned mines and joint ventures. Buenaventura also holds a significant stake in Sociedad Minera Cerro Verde, a key Peruvian copper producer.

Compañia de Minas Buenaventura S.A.A. (NYSE: BVN; Lima Stock Exchange: BUE.LM) reports that ongoing political protests in Peru have led to a nationwide state of emergency, impacting supply routes to its mines. While there has been no damage to Buenaventura's properties, the Julcani and Orcopampa operations have been temporarily halted due to blockades. The company reassures that on-site operations are functioning normally and maintains adequate supply coverage. Management is continuously monitoring the situation and will keep the financial community informed of developments.