#USA #New York #dividends #Preferred Stock #BNY Mellon

The Bank of New York Mellon Corporation Announces Quarterly Dividends

On April 11, 2025, the Bank of New York Mellon Corporation (commonly referred to as BNY) confirmed its latest dividend declarations, demonstrating ongoing financial strength and commitment to its shareholders. The company's Board of Directors disclosed the upcoming dividends on both common and preferred stock, reinforcing its role as a significant player in the global financial services industry.

Details of Dividend Declarations

Common Stock Dividend

BNY's Board decided on a quarterly dividend of $0.47 per share for its common stock. This dividend will be distributed on May 2, 2025, to all shareholders who are recorded in the company's books by the close of business on April 21, 2025. This regular payout reflects BNY's focus on returning value to its shareholders.

Preferred Stock Dividends

In addition to the common stock dividends, BNY also declared dividends for various series of its noncumulative perpetual preferred stock, with a liquidation preference of $100,000 per share. These dividends are scheduled for the June 20, 2025 payment date, with the qualifications requiring shareholders to be on record by June 5, 2025. The breakdown of the preferred stock dividends is as follows:

• - Series A Preferred Stock: $1,311.33 per share

(Equivalent to $13.113322 per Normal Preferred Capital Security of Mellon Capital IV)

• - Series H Preferred Stock: $925.00 per share

(Equivalent to $9.250000 per depositary share)

• - Series I Preferred Stock: $937.50 per share

(Equivalent to $9.375000 per depositary share)

• - Series K Preferred Stock: $1,640.00 per share

(Equivalent to $0.410000 per depositary share)

These dividend rates indicate BNY's consistent strategy of strengthening shareholder relations while maintaining a robust financial foundation. Dividends are vital in providing income to investors, particularly in uncertain economic climates.

About BNY

The Bank of New York Mellon Corporation stands as a leading financial services entity, renowned for its commitment to facilitating the movement of capital effectively while safeguarding assets for many clients. With a legacy extending over 240 years, BNY has been pivotal in catering to the finances of governments, large corporations, and individual investors alike.

Currently, BNY supports over 90% of the Fortune 100 companies and nearly all leading global banks, showcasing its integral role in the financial landscape. Furthermore, according to the latest statistics, BNY manages and oversees an impressive $53.1 trillion in assets under custody and/or administration and an additional $2.0 trillion in assets under management as of March 31, 2025.

Setting benchmarks not just in financial services but also in employee satisfaction, BNY has garnered recognition in Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators, echoing its workplace ethos and values.

Conclusion

The recent dividend announcements highlight BNY’s commitment to rewarding shareholders while maintaining a forward-thinking approach towards financial management. As shareholders anticipate their upcoming dividends, BNY maintains its promise to deliver financial excellence and service quality in a fast-evolving industry. For more information about BNY and its services, visit www.bny.com.