---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-172396"
form_type: "8-K"
ticker: "BK"
cik: "0001390777"
company_name: "Bank of New York Mellon Corp"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:29:28.753912+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BNY Mellon intends to raise quarterly dividend 12% to $0.47; SCB remains at 2.5% floor

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-172396
- form_type: 8-K
- ticker: BK
- cik: 0001390777
- company_name: Bank of New York Mellon Corp
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1390777/000119312524172396/0001193125-24-172396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1390777/000119312524172396/d827035d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-172396
- JSON: https://secwatch.observer/filing/0001193125-24-172396.json
- Plain text: https://secwatch.observer/filing/0001193125-24-172396.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.