dividend
confidence high
sentiment positive
materiality 0.65
BNY Mellon intends to raise quarterly dividend 12% to $0.47; SCB remains at 2.5% floor
Bank of New York Mellon Corp
- Plans to increase quarterly common dividend by 12% to $0.47 per share, subject to Board approval, as early as Q3 2024.
- Federal Reserve confirms preliminary Stress Capital Buffer stays at 2.5% (regulatory floor), effective Oct 2024–Sep 2025.
- Share repurchase program continues under existing authorizations from Jan 2023 and Apr 2024.
- Repurchases may be executed via open market, private transactions, 10b5-1 plans, or structured transactions.