BNY Mellon Lifts Quarterly Dividend 19% to $0.63 Per Share
Bank of New York Mellon will raise its quarterly common dividend 19% to $0.63 per share from $0.53, effective as early as Q3 2026, following the Federal Reserve's June 2026 stress test results.
Bank of New York Mellon Corporation (NYSE: ) will increase its quarterly cash dividend on common shares by 19% to $0.63 per share from $0.53, effective as early as the third quarter of 2026, subject to approval by the company's Board of Directors [1]. The bank announced the planned increase on June 24, 2026, the same day the Federal Reserve released results of its 2026 bank stress test [1].
The new $0.63 quarterly payout represents a step-up of $0.10 per share, or 18.9% when rounded [1]. The timing of the announcement, concurrent with the Fed's stress test disclosure, signals that Mellon passed regulatory capital thresholds with sufficient headroom to support the higher distribution.
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