BNY Raises Dividend by 19%

Dow Jones

Jul 15

Bank of New York Mellon has increased its quarterly stock dividend by 19%.

The bank said Wednesday that its board followed through on a plan unveiled last month to increase the dividend by 10 cents to 63 cents a share.

The dividend will be paid out on Aug. 7 to shareholders of record as of July 27.

The new payout, on an annualized basis, represents a yield of 1.6% based on Tuesday's closing price of $154.50.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 15, 2026 06:53 ET (10:53 GMT)

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