Bank New York Mellon Corp Stock Price, News & Analysis

The Bank of New York Mellon Corporation (BK) announced the redemption of all outstanding 2.661% Fixed Rate/Floating Rate Callable Senior Notes, totaling $1 billion, due May 16, 2023. The redemption date is set for May 16, 2022, with the redemption price equal to 100% of the principal plus accrued interest. Following this date, the notes will no longer be considered outstanding, and interest will stop accruing.

As of March 31, 2022, BNY Mellon managed assets worth $45.5 trillion under custody and $2.3 trillion in assets under management.

Compañia de Minas Buenaventura (NYSE: BVN) released its 1Q22 results, highlighting significant financial improvements. EBITDA from direct operations surged to US$ 431.9 million, a 989% increase from 1Q21, while net income reached US$ 636.2 million, up 3786%. Capital expenditures rose to US$ 19.9 million, focused on ongoing projects, including San Gabriel and Yumpag. The company reduced its net debt to US$ 771 million and cash on hand increased to US$ 337.4 million. Production guidance will adjust in 2Q22 due to a revised plan impacting silver output.

On April 25, 2022, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0185 per share, payable on May 23, 2022 to shareholders recorded by May 9, 2022. The ex-dividend date is May 6, 2022. This dividend remains consistent with the previous month's amount. BNY Mellon Investment Management, managing $2.3 trillion in assets, emphasizes its investor-first approach to ensure strong returns.

BNY Mellon (NYSE: BK) has announced that Roman Regelman will take on the role of CEO for the Issuer Services business, effective immediately, while continuing his role in Asset Servicing and Digital. Regelman aims to enhance the bank's efforts to build a resilient capital markets ecosystem. Francis La Salla, the current CEO of Issuer Services, will transition to the DTCC as President and CEO in June. BNY Mellon manages $45.5 trillion in assets, reaffirming its commitment to integrate trust and innovation.

Compañía de Minas Buenaventura S.A.A. (NYSE: BVN) reported its 1Q22 production results, revealing significant achievements and areas for concern. Key highlights include gold production at Orcopampa (19,031 Oz) and Tambomayo (13,867 Oz), exceeding guidance, while La Zanja underperformed due to haulage issues. Silver production at El Brocal fell below expectations, primarily from low open-pit grades. A landslide at El Brocal resulted in three fatalities, underlining operational risks. Overall, the company remains focused on growth despite the challenges faced.

The Bank of New York Mellon Corporation (NYSE: BK) has declared a quarterly common stock dividend of $0.34 per share, payable on May 11, 2022, to shareholders of record by April 28, 2022. Additionally, the noncumulative perpetual preferred stock dividends announced include $1,022.22 for Series A, $2,250.00 for Series D, $925.00 for Series H, and $937.50 for Series I, all payable on June 21, 2022. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and $2.3 trillion in assets under management.