Bank of New York (BK) Declares $0.28 Quarterly Dividend; 2.3% Yield

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BNY Mellon Declares Dividends

October 18, 2018 6:30 AM EDT

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- The Bank of New York Mellon Corporation today announced that its Board of Directors authorized dividends on its common and preferred stock as follows:

Common a quarterly common stock dividend of $0.28 per share, payable on November 9, 2018 to shareholders of record as of the close of business on October 30, 2018.

Preferred the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in December 2018, in each case payable on December 20, 2018 to holders of record as of the close of... More