Bank New York Mellon Corp Stock Price, News & Analysis

BNY High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend will be payable on February 21, 2025, to shareholders of record as of February 6, 2025, which is also the ex-dividend date. This dividend amount remains unchanged from the previous December declaration.

The fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration and operates through seven investment firms offering solutions across major asset classes.

BNY (NYSE: BK) has announced its latest dividend declarations for both common and preferred stock. The company will pay a quarterly common stock dividend of $0.47 per share on February 7, 2025, to shareholders of record as of January 27, 2025.

The company also declared dividends for various series of preferred stock, all payable on March 20, 2025, to holders of record as of March 5, 2025. These include $1,295.17 per share 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.

BNY currently manages $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2024. The company serves over 90% of Fortune 100 companies and nearly all top 100 banks globally.

BNY (NYSE: BK) announced its fourth quarter 2024 financial results on January 15, 2025. The company has made its earnings release, quarterly presentation, and related documents available on their investor relations website. Management will be hosting a conference call with a simultaneous live audio webcast at 12:00 p.m. ET on the same day to discuss the results.

BNY Alcentra Global Multi-Strategy Credit Fund has announced a quarterly tender offer for 2.5% of its outstanding shares as of December 31, 2024. The tender offer will commence on January 17, 2025, and expire on February 18, 2025, at 5:00 p.m. Eastern Time. Shares will be purchased at the net asset value per share determined as of December 31, 2024.

The Fund will file tender offer documents with the SEC, which will be made available to shareholders. Georgeson has been appointed as the Fund's Tender Offer information agent, accessible toll-free at (877) 278-9670. The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. BNY itself has $52.1 trillion in assets under custody and/or administration.

BNY Municipal Bond Infrastructure Fund (NYSE: DMB) has declared a monthly distribution of $0.0300 per share of common stock, maintaining the same rate as December's distribution. The payment is scheduled for February 3, 2025, with a record date and ex-dividend date of January 21, 2025.

The Fund aims to provide regular monthly distributions to shareholders at a stable rate based on projected performance. While maintaining stable distributions, the Fund may occasionally distribute less than its net investment income, use accumulated undistributed income, or return capital.

The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration.

BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced two significant distributions: a quarterly distribution of $2.00 per share and a special year-end distribution of $5.85 per share of common stock. Both distributions will be paid on January 3, 2025, to shareholders of record as of December 27, 2024.

The distributions will be taxable to shareholders in 2024, despite being paid in 2025. The Fund maintains a policy of quarterly distributions of net investment income, with flexibility to distribute less than the total earned amount to ensure stable distributions. The distribution strategy considers various factors including asset mix, portfolio maturity, hedging, and market conditions.

The Fund operates as a diversified, closed-end management investment company under BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024.

BNY High Yield Strategies Fund (NYSE: DHF) has announced a monthly cash dividend of $0.0175 per share, maintaining the same dividend amount as November. The dividend will be paid on January 13, 2025, to shareholders of record as of December 27, 2024, which is also the ex-dividend date.

The fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.1 trillion in assets as of September 30, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration.

Sanctuary Wealth has announced an expansion of its multi-custodial wealth management platform through integration with BNY Pershing's Wove platform. The enhanced Sanctuary One platform will provide partner firms with a comprehensive suite of tools including Wove Investor, Wove Data, and Wove Advisory through a single interface. The integration aims to streamline advisor workflows by enabling holistic asset viewing and offering portfolio construction tools, trading features, and an integrated client portal.

The platform's foundational framework is designed to accommodate future integrations without service disruption, allowing Sanctuary partner firms to improve client experience and operational efficiency. This technological enhancement supports Sanctuary's growth strategy through organic expansion, acquisitions, and partnerships with wealth management firms.

BNY (NYSE: BK) has announced the appointment of Rajashree Datta as Deputy Chief Risk Officer, effective December 15. Datta will join BNY's Executive Committee and is set to succeed Senthil Kumar as Chief Risk Officer in 2025 following a transition period.

Datta joins from Goldman Sachs where she served as Partner and Global Head of Finance Risk, overseeing Liquidity, Capital and Accrual Rate Risks. At Goldman Sachs, where she started in Investment Banking in 2000, she played a key role in developing risk management approaches, focusing on balancing business requirements, risk appetite, and regulatory expectations.