Bank of New York Mellon to raise dividend by 19% to $0.63

Bank of New York Mellon announced its intention to increase its quarterly cash dividend by 19%, from $0.53 to $0.63 per share, starting as early as the third quarter of 2026, pending Board approval. The company also noted that its Stress Capital Buffer (SCB) requirement has consistently remained at the 2.5% floor since 2020, following the Federal Reserve's 2026 bank stress test results. Additionally, the company confirmed its continued authorization to repurchase common shares under its existing program.