NYSE:BKCapital Markets
Bank of New York Mellon (NYSE:BK) Announces 13% Dividend Increase to US$0.53 per Share
The Bank of New York Mellon (NYSE:BK) has announced plans to increase its quarterly cash dividend by 13%, reflecting a concerted effort to enhance shareholder value, while its stock price saw a movement of 8% over the last quarter. This dividend announcement, alongside solid earnings reports and an aggressive share buyback program, might have contributed positively to the stock's recent performance. Additionally, the inclusion of BK in several Russell indices could have bolstered investor...