NEW YORK, Jan. 20, 2021 /PRNewswire/ -- The Bank of New
York Mellon Corporation (NYSE: BK) today announced that its Board
of Directors authorized dividends on its common and preferred stock
as follows:
Common – a quarterly common stock dividend of $0.31 per share, payable on February 12, 2021 to shareholders of record as of
the close of business on February 1,
2021.
Preferred – the following dividends for the noncumulative
perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period
ending in March 2021, in each case
payable on March 22, 2021 to holders of record as of the close
of business on March 5, 2021:
- $1,011.11 per share on the Series
A Preferred Stock (equivalent to $10.1111 per Normal Preferred Capital Security of
Mellon Capital IV, each representing a 1/100th interest in a share
of the Series A Preferred Stock);
- $924.82 per share on the Series E
Preferred Stock (equivalent to $9.2482 per depositary share, each representing a
1/100th interest in a share of the Series E Preferred Stock);
- $2,312.50 per share on the Series
F Preferred Stock (equivalent to $23.1250 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 $23.5000 per depositary share, each representing
a 1/100th interest in a share of the Series G Preferred Stock);
and
- $1,408.06 per share on the Series
H Preferred Stock (equivalent to $14.0806 per depositary share, each representing
a 1/100th interest in a share of the Series H Preferred
Stock).
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial
services for institutions, corporations or individual investors,
BNY Mellon delivers informed investment and wealth management and
investment services in 35 countries. As of Dec. 31, 2020, BNY Mellon had $41.1 trillion in assets under custody and/or
administration, and $2.2 trillion in
assets under management. BNY Mellon can act as a single point
of contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. BNY Mellon is
the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit
our newsroom at www.bnymellon.com/newsroom for the latest company
news.
Contacts:
Media
Madelyn McHugh
(212) 635-1376
Madelyn.McHugh@bnymellon.com
Analysts
Magda
Palczynska
(212) 635-8529
Magda.Palczynska@bnymellon.com
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SOURCE BNY Mellon