Bank New York Mellon Corp Stock Price, News & Analysis

On August 24, 2022, the BNY Mellon High Yield Strategies Fund (NYSE:DHF) announced a monthly cash dividend of $0.0185 per share, to shareholders of record by September 8, 2022. This dividend will be payable on September 22, 2022, maintaining the previous month's dividend amount. BNY Mellon Investment Management, managing $1.9 trillion in assets, emphasizes an investor-first approach, supporting the fund's commitment to stability and growth.

BNY Mellon will announce its third quarter 2022 financial results on October 17, 2022, with materials available at 6:30 a.m. ET. A conference call and live audio webcast will be held at 8 a.m. ET, including forward-looking statements. Access details include dialing +1 800-390-5696 (U.S.) or +1 720-452-9082 (International) with passcode 200200, or visiting www.bnymellon.com/investorrelations. Replays will start on the same day at 2 p.m. ET through November 17, 2022.

BNY Mellon executives Emily Portney and Jim Crowley will present at the Barclays Global Financial Services Conference on September 13, 2022, at 7:30 a.m. ET. The presentation may cover forward-looking statements and significant financial information. A live audio webcast will be accessible on the BNY Mellon website, with an archive available 24 hours after the event until October 13, 2022.

As of June 30, 2022, BNY Mellon manages $43.0 trillion in assets under custody and $1.9 trillion in assets under management.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund has completed its quarterly tender offer for up to 2.5% of its outstanding shares, which expired on August 12, 2022. The tender offer was oversubscribed, and the Fund will purchase shares from all tendering shareholders on a pro rata basis. A total of 240,408 shares were tendered, with 55,553 shares to be purchased at a purchase price of $83.38 per share, equivalent to the Fund's net asset value as of June 30, 2022.

Compañia de Minas Buenaventura S.A.A (NYSE: BVN) reported 2Q22 results revealing significant financial challenges, including a net loss of US$ 39.9 million compared to a net income of US$ 37.5 million in 2Q21. Total revenues fell 38% year-over-year to US$ 150.1 million. EBITDA from direct operations was US$ -19.1 million, down from US$ 68.5 million. The cash position stood at US$ 326.3 million, with net debt reduced to US$ 416.4 million.