The Bank of New York Mellon Corporation (BK)
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ETO: A Solid Dividend Fund But Expensive
2021-10-27 12:41It remains very difficult for investors to obtain any sort of significant income off of their portfolio assets due to the policies of the Federal Reserve.
BNY Mellon Muncipal Income, Inc. (NYSE: DMF) Declares Distribution and Announces Reduction in Monthly Distribution Amount
2021-10-26 15:17NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Income, Inc. (NYX: DMF) today announced a monthly cash distribution of $0.029 per share of common stock, payable on November 30, 2021 to shareholders of record on November 15, 2021 with an ex-dividend date of November 12, 2021. The $0.029 per share investment income dividend represents a decrease of $0.006 from the previously declared monthly net investment income dividend of $0.035 per share. This distribution reduction primarily reflects the low
BNY Mellon Wealth Management Named Karen Sugihara Regional Fiduciary Manager in San Francisco
2021-10-26 08:30SAN FRANCISCO, Oct. 26, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Karen Sugihara as regional fiduciary manager. In this role, she will lead the fiduciary business for California, as well as manage the delivery and fiduciary oversight of advisory-based services to clients.
These 10 Stocks Make Up 87% of Warren Buffett's Portfolio
2021-10-26 05:51Diversification isn't a necessity if you know what you're doing, according to Buffett.
Bank Of New York Mellon A Top Socially Responsible Dividend Stock With 2.3% Yield
2021-10-21 07:22Bank of New York Mellon has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield
The Bank of New York Mellon Corporation (BK) CEO Todd Gibbons on Q3 2021 results - Earning Call Transcript
2021-10-19 14:20The Bank of New York Mellon Corporation (BK) CEO Todd Gibbons on Q3 2021 results - Earning Call Transcript
The Bank of New York Mellon Corporation (BK) Tops Q3 Earnings and Revenue Estimates
2021-10-19 12:03The Bank of New York Mellon Corporation (BK) delivered earnings and revenue surprises of 1.96% and 1.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
BNY Mellon (BK) Beats on Q3 Earnings as Fee Income Improves
2021-10-19 12:03Rise in fee income, provision benefits, and higher assets under management balance support BNY Mellon's (BK) Q3 results.
BNY Mellon Reports Third Quarter 2021 Earnings Of $881 Million Or $1.04 Per Common Share
2021-10-19 06:30NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Revenue up 5% EPS up 6% ROE 9% ROTCE 17% (a) CET1 11.7% Tier 1 leverage 5.7% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported: 3Q21 vs. 3Q21 2Q21 3Q20 2Q21 3Q20 Net income applicable to common shareholders (in millions) $ 881 $ 991 $ 876 (11) % 1 % Diluted earnings per common share $ 1.04 $ 1.13 $ 0.98 (8) % 6 % Third Quarter Results CEO Commentary Total revenue of $4.0 billion, increased 5% • Fee and other revenue increased 8%; fee revenue increased 6% • Fee revenue increased 11% excluding money market fee waivers (a) • Net interest revenue decreased 9% Provision for credit losses was a benefit of $45 million Total noninterest expense of $2.9 billion, increased 9% • 3% of the increase driven by litigation reserves Investment Services • Total revenue increased 3% • Income before taxes decreased 9% • AUC/A of $45.3 trillion, increased 17% Investment and Wealth Management • Total revenue increased 12% • I
BNY Mellon Declares Dividends
2021-10-19 06:30NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors authorized dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.34 per share, payable on November 12, 2021 to shareholders of record as of the close of business on November 1, 2021. Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in December 2021, in each case payable on December 20, 2021 to holders of record as of the close of business on December 5, 2021: $1,011.11 per share on the Series A Preferred Stock (equivalent to $10.111111 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock); $2,250.00 per share on the Series D Preferred Stock (equivalent to $22.500000 per depositary share, each representing a 1/100th interest in a shar