NEW
YORK, Oct. 11, 2024 /PRNewswire/ -- The Bank of
New York Mellon Corporation ("BNY") (NYSE: BK), a 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 November 1, 2024 to shareholders of record as of
the close of business on October 21,
2024.
Preferred – the following dividends for the noncumulative
perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period
ending in December 2024, in each case
payable on December 20, 2024 to
holders of record as of the close of business on December 5, 2024:
- $1,425.70 per share on the Series
A Preferred Stock (equivalent to $14.257021 per Normal Preferred Capital Security
of Mellon Capital IV, each representing a 1/100th interest in a
share of the Series A 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 BNY has partnered alongside clients,
putting its expertise and platforms to work to help them achieve
their ambitions. Today BNY helps over 90% of Fortune 100
companies and nearly all the top 100 banks globally to access the
money they need. BNY supports governments in funding local
projects and works with over 90% of the top 100 pension plans to
safeguard investments for millions of individuals, and so much
more. As of Sept. 30, 2024, BNY
oversees $52.1 trillion in assets
under custody and/or administration and $2.1
trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon
Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people
globally and has 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 on
LinkedIn or visit the BNY 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