The Bank of New York Mellon Corporation announced that its Board of Directors has declared a quarterly dividend of $0.53 per share on its common stock. This represents a significant 13% increase from the previous quarterly dividend of $0.47 per share.
The increased dividend is payable on August 7, 2025, to shareholders of record as of the close of business on July 25, 2025. This substantial hike in the common stock dividend reflects the Board's confidence in BNY Mellon's strong financial performance and future earnings generation capabilities.
This move underscores BNY Mellon's commitment to delivering compelling capital returns to shareholders. The 13% increase is a clear indicator of the company's robust financial health and its ability to generate sustainable profits, making it a very positive development for investors.
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