DIVIDEND ANNOUNCEMENT: Bank of New York Mellon Corp (NYSE:BK) on 07/18/2023 declared a dividend of $0.4200 per share

Bank of New York Mellon Corp (NYSE:BK) on 07/18/2023 declared a dividend of $ 0.4200 per share payable on August 10, 2023 to shareholders of record as of July 28, 2023. Dividend amount recorded is an increase of $ 0.05 from last dividend Paid.

Bank of New York Mellon Corp (NYSE:BK) has paid dividends since 1785, has a current dividend yield of 3.8585207462% and has increased its dividends for 12 successive years.

Bank of New York Mellon Corp's market cap is $ 34,358,894,360 and has a PE ratio of 13.78. The stock price closed yesterday at $ 43.54 and has a 52 week low/high of $ 36.22 and $ 52.26.

Bank of New York Mellon divides its businesses into two business segments, Investment Services and Investment and Wealth Management. Co. also has an Other segment, which includes the leasing portfolio, corporate treasury activities, derivatives and other trading activity, corporate and bank-owned life insurance, renewable energy and other corporate investments and certain business exits. Co.'s two principal U.S. banking subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities. Co.'s two principal U.S. banking subsidiaries are: The Bank of New York Mellon and BNY Mellon, National Association.

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