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BNY Mellon plans 19% dividend hike after strong Fed stress test results

Company Fundamentals
24 Jun 2026
PRNewsWire
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Bullish
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Bank of New York Mellon (BNY) announced a 19% increase in its quarterly cash dividend from $0.53 to $0.63 per share, starting in Q3 2026, pending board approval. This decision follows the Federal Reserve's 2026 stress test results, which confirmed BNY's strong capital position and risk management, maintaining its Stress Capital Buffer at the 2.5% minimum. The bank also continues its share repurchase program, reflecting confidence in its financial stability and commitment to shareholder value. BNY oversees $59.4 trillion in assets under custody and $2.1 trillion in assets under management, serving major global clients and institutions.

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