Bank of New York (BK) Declares $0.24 Quarterly Dividend; 1.8% Yield

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BNY Mellon Declares Dividends on its Common and Preferred Stock

April 19, 2018 6:30 AM EDT

NEW YORK, April 19, 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 $0.24 per share, payable on May 11, 2018 to shareholders of record as of the close of business on May 1, 2018.

Preferred the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2018, in... More