BNY Board Approves Quarterly Dividends for Common and Preferred Stock
The Bank of New York Mellon Corporation has authorized a quarterly dividend of $0.63 per share for common stock, alongside payouts for its various series of noncumulative perpetual preferred stock. These distributions follow a period of steady financial activity for the institution, which reported $63.4 trillion in assets under custody.
The common stock dividend is scheduled for payment on November 9, 2026, to shareholders of record as of the close of business on October 26, 2026. Simultaneously, the board finalized dividend rates for six series of preferred stock, with payments set for December 21, 2026, to holders of record on December 5, 2026.
The payouts for the preferred series reflect the firm's specific liquidation preferences, including $1,219.05 per share for Series A, $937.50 for Series I, and $1,537.50 for Series K. Additionally, Series L holders will receive $2,975.00 per share, while Series M and Series N payouts are set at $1,406.25 and $2,511.25 per share, respectively. These figures correspond to the proportional interests held in each depositary share or capital security.
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