BNY Announces Intention to Increase Quarterly Common Stock Dividend by 12 Percent to $0.47 per Share
The Bank of New York Mellon(BK) Prnewswire·2024-06-29 04:35
NEW YORK, June 28, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced its intention to increase its quarterly cash dividend on its common shares by 12% from $0.42 to $0.47 per share, commencing as early as the third quarter of 2024, subject to approval by the company's Board of Directors. On June 26, 2024, the Federal Reserve released the results of its 2024 bank stress test, which demonstrate the resilience and strength of ...