BNY Mellon (NYSE: BNY) targets 19% dividend hike and maintains 2.5% SCB

Does BNY still have an active share repurchase program in place?

How might BNY execute future share repurchases under its program?

Rhea-AI Filing Summary

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FAQ

Filing Exhibits & Attachments

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8-K Event Classification

Key Figures

Key Terms

What dividend change did The Bank of New York Mellon Corporation (BNY) announce?

When will BNY’s higher quarterly dividend potentially begin?

What is BNY’s current Stress Capital Buffer requirement after the 2026 stress test?

Will new Stress Capital Buffer rules affect BNY before 2027?

Yes. BNY continues to be authorized to repurchase common shares under an existing Board-approved program announced in April 2026. Repurchases may occur via open market purchases, privately negotiated transactions, Rule 10b5-1 plans, and derivative or accelerated share repurchase structures.

Repurchases can be executed through open market purchases, privately negotiated transactions, repurchase plans designed to comply with Rule 10b5-1, and derivative or accelerated share repurchase transactions. The timing, manner and amount will depend on capital position and prevailing market conditions.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

The Bank of New York Mellon Corporation plans to raise its quarterly cash dividend on common shares by 19%, increasing it from $0.53 to $0.63 per share, beginning as early as the third quarter of 2026, subject to Board approval.

The Federal Reserve’s 2026 bank stress test left the Company’s Stress Capital Buffer requirement at the 2.5% floor, where it has remained since 2020 and is expected to continue until 2027 under current rules. The Company also remains authorized to repurchase common shares under its existing Board-approved share repurchase program, with buybacks potentially executed through open market, privately negotiated, Rule 10b5-1 plans, derivative and accelerated share repurchase transactions.

Planned 19% dividend increase: Quarterly cash dividend on common shares is expected to rise from $0.53 to $0.63 per share beginning as early as Q3 2026, subject to Board approval, signaling confidence in capital strength and cash generation.

None.

BNY pairs a 19% dividend hike plan with stable stress capital requirements and ongoing buybacks.

BNY Mellon signals confidence in its capital position by targeting a quarterly dividend increase from $0.53 to $0.63 per share, a 19% rise, starting as early as Q3 2026 if the Board approves. This indicates room for higher ongoing cash returns to shareholders.

The firm’s Stress Capital Buffer remains at the 2.5% floor, unchanged since 2020, following the 2026 Federal Reserve stress test. Current SCB levels are expected to apply until 2027, supporting visibility on regulatory capital needs over the near term.

The Company also keeps an active share repurchase authorization in place, with flexibility to use open market purchases, privately negotiated trades, Rule 10b5-1 plans and accelerated share repurchase structures. The actual impact will depend on future Board decisions, capital generation and market conditions disclosed in subsequent filings.

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Planned quarterly dividend: $0.63 per share Current quarterly dividend: $0.53 per share Dividend increase percentage: 19% +3 more

6 metrics

Planned quarterly dividend $0.63 per share Target dividend on common shares as early as Q3 2026, subject to Board approval

Current quarterly dividend $0.53 per share Existing quarterly cash dividend on common shares before proposed increase

Dividend increase percentage 19% Planned increase in quarterly dividend per share from $0.53 to $0.63

Stress Capital Buffer level 2.5% SCB requirement floor for BNY following the Federal Reserve’s 2026 stress test

SCB floor duration since 2020 BNY’s SCB has remained at the 2.5% floor since introduction of the requirement

SCB applicability horizon until 2027 Current SCBs expected to continue to apply until 2027 under Federal Reserve guidance

Stress Capital Buffer, Rule 10b5-1, accelerated share repurchase, Noncumulative Perpetual Preferred Stock, +1 more

5 terms

Stress Capital Buffer regulatory

"The Company’s Stress Capital Buffer (“SCB”) requirement has consistently remained at the 2.5% floor"

A stress capital buffer is an extra amount of loss-absorbing capital that regulators require a bank to hold based on how it would perform in a severe economic downturn. Think of it as a rainy-day fund sized by simulated worst-case losses; it matters to investors because a larger buffer can limit dividends and share buybacks but also signals greater resilience and lower risk of sudden losses or government intervention.

Rule 10b5-1 regulatory

"including through repurchase plans designed to comply with Rule 10b5-1 and through derivative, accelerated share repurchase"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Noncumulative Perpetual Preferred Stock financial

"Depositary Shares, each representing a 1/4,000th interest in a share of Series K Noncumulative Perpetual Preferred Stock"

A noncumulative perpetual preferred stock is a type of equity that pays regular dividends indefinitely but has no maturity date, and if the issuer skips a dividend payment those missed payments are not owed later. It sits above common shares in priority for income and liquidation, so it can offer steady income like a bond while still carrying equity risk. Investors should note the permanent nature and the risk that skipped dividends are permanently lost, making yield and issuer stability key considerations.

forward-looking statements regulatory

"contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

Available on EDGAR 06/24/2026 - 04:36 PM Accepted by SEC EDGAR 06/24/2026 - 04:35 PM

The company plans to raise its quarterly cash dividend on common shares from $0.53 to $0.63 per share, a 19% increase, beginning as early as the third quarter of 2026, subject to approval by its Board of Directors.

The higher $0.63 quarterly dividend could begin as early as the third quarter of 2026. Implementation depends on formal approval by BNY’s Board of Directors before payments at the increased rate can be made to common shareholders.

Following the Federal Reserve’s 2026 bank stress test, BNY’s Stress Capital Buffer requirement remains at the 2.5% floor. It has been at this minimum level since 2020 and is expected to stay in place until 2027 under current Federal Reserve guidance.

Existing Stress Capital Buffer requirements, including BNY’s 2.5% floor, are expected to remain in effect until 2027. At that time, new requirements can be calculated using updated Federal Reserve models that incorporate public feedback from notices of proposed rulemaking.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 24, 2026

THE BANK OF NEW YORK MELLON CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

001-35651

13-2614959

(State or other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)


240 Greenwich Street
New York, New York		10286
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (212) 495-1784

Not Applicable

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	BNY	New York Stock Exchange
6.244% Fixed-to-Floating Rate Normal Preferred Capital Securities of Mellon Capital IV (fully and unconditionally guaranteed by The Bank of New York Mellon Corporation)	BNY/P	New York Stock Exchange
Depositary Shares, each representing a 1/4,000th interest in a share of Series K Noncumulative Perpetual Preferred Stock	BNY PRK	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 8.01.

OTHER EVENTS.

On June 24, 2026, The Bank of New York Mellon Corporation (the “Company”) announced its intention to increase its quarterly cash dividend on its common shares by 19% from $0.53 to $0.63 per share, commencing as early as the third quarter of 2026, subject to approval by the Company’s Board of Directors (the “Board”).

On June 24, 2026, the Federal Reserve released the results of its 2026 bank stress test. The Company’s Stress Capital Buffer (“SCB”) requirement has consistently remained at the 2.5% floor since the introduction of the SCB requirement in 2020. As the Federal Reserve announced on February 4, 2026, the current SCBs will continue to apply until 2027, when new requirements can be calculated based on models that take public feedback into consideration.

The Company continues to be authorized to repurchase common shares under its existing share repurchase program approved by the Board, as announced in April 2026. The repurchases of common stock may be executed through open market purchases, in privately negotiated transactions or by other means, including through repurchase plans designed to comply with Rule 10b5-1 and through derivative, accelerated share repurchase and other structured transactions. The timing, manner and amount of repurchases are subject to various factors, including the Company’s capital position and prevailing market conditions.

The information presented in this Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, the Company’s repurchases of common stock, common stock dividends, capital base, performance, ability to meet regulatory requirements and expectations regarding the impact of the Federal Reserve’s notices of proposed rulemaking on the Company’s SCB. These statements are not guarantees of future results or occurrences, are inherently uncertain and are based upon current beliefs and expectations of future events, many of which are, by their nature, difficult to predict, outside of the Company’s control and subject to change. Actual results may differ, possibly materially, from the anticipated results expressed or implied in these forward-looking statements as a result of a number of important factors, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 and the Company’s other filings with the Securities and Exchange Commission. All statements in this Current Report on Form 8-K speak only as of the date of this filing, and the Company undertakes no obligation to update the information to reflect events or circumstances that arise after that date or to reflect the occurrence of unanticipated events.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Source: View Original Filing on SEC EDGAR

The Bank of New York Mellon Corporation

(Registrant)

Date: June 24, 2026

/s/ Jean Weng

4 documents