dividend
confidence high
sentiment positive
materiality 0.70
BNY Mellon announces 13% dividend increase to $0.53/share, SCB stays at 2.5% floor
Bank of New York Mellon Corp
- Intends to raise quarterly common dividend by 13% from $0.47 to $0.53 per share, starting Q3 2025 subject to Board approval.
- Federal Reserve notified that preliminary SCB requirement will remain at 2.5% regulatory floor, effective Oct 1, 2025 to Sep 30, 2026.
- Existing share repurchase program remains authorized; timing and amount subject to capital position and market conditions.
- Company anticipates Federal Reserve's proposed capital plan rule revision will not impact its SCB requirement.