Bank of New York Mellon (BK) said late Tuesday its preliminary Stress Capital Buffer requirement will remain 2.5%, equal to the regulatory floor, following its 2025 bank stress test process.
The company said it plans to raise its quarterly dividend to $0.53 per share from $0.47, starting Q3.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.