Press Release: BNY Declares Dividends

Dow Jones
01-15

BNY Declares Dividends

PR Newswire

NEW YORK, Jan. 15, 2025

NEW YORK, Jan. 15, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") $(BK)$, 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 February 7, 2025 to shareholders of record as of the close of business on January 27, 2025.

Preferred -- the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in March 2025, in each case payable on March 20, 2025 to holders of record as of the close of business on March 5, 2025:

   -- $1,295.17 per share on the Series A Preferred Stock (equivalent to 
      $12.951675 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 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 December 31, 2024, BNY oversees $52.1 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). 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

View original content:https://www.prnewswire.com/news-releases/bny-declares-dividends-302351702.html

SOURCE BNY

 

(END) Dow Jones Newswires

January 15, 2025 06:45 ET (11:45 GMT)

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