NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows:
Common – a quarterly common stock dividend of $0.47 per share, payable on August 2, 2024 to shareholders of record as of the close of business on July 22, 2024.
Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in September 2024, in each case payable on September 20, 2024 to holders of record as of the close of business on September 5, 2024:
- $1,577.81 per share on the Series A Preferred Stock (equivalent to $15.778051 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);
- $2,312.50 per share on the Series F Preferred Stock (equivalent to $23.125000 per depositary share, each representing a 1/100th interest in a share of the Series F Preferred Stock);
- $2,350.00 per share on the Series G Preferred Stock (equivalent to $23.500000 per depositary share, each representing a 1/100th interest in a share of the Series G Preferred Stock);
- $925.00 per share on the Series H Preferred Stock (equivalent to $9.250000 per depositary share, each representing a 1/100th interest in a share of the Series H Preferred Stock); and
- $937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock).
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achieve their ambitions. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. We support governments in funding local projects and work with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of June 30, 2024, we oversee $49.5 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). We are headquartered in New York City, employ over 50,000 people globally and have been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.
Contacts:
Media
Garrett Marquis
(949) 683-1503
Garrett.Marquis@bny.com
Analysts
Marius Merz
(212) 298-1480
Marius.Merz@bny.com
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SOURCE BNY
