BNY Mellon reviews capital actions: what it means for BNY Mellon stock
Published on 10/24/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDates and capital actions
- BNY priced USD 1.25 billion of preferred-stock depositary shares on October 19, 2026.
- The company declared a USD 0.63 common-stock dividend on October 15, 2026.
- The preferred offering is expected to close on October 28, 2026.
BNY Mellon’s week included a USD 1.25 billion preferred-stock offering priced on October 19, 2026, and a USD 0.63 common-stock dividend declared on October 15, 2026. The announcements were made by The Bank of New York Mellon Corporation, the listed issuer.
Market context: Market report S&P 500.
The week in figures
The preferred offering covers 1,250,000 depositary shares, each representing a 1/100th interest in a share of Series O noncumulative perpetual preferred stock. The public offering price is USD 1,000 per depositary share, for an aggregate public offering price of USD 1.25 billion. Dividends on the Series O preferred stock will accrue at an annual rate of 7.125 percent until December 20, 2031, subject to the terms described by the company.
Chronology of the week
On October 15, 2026, BNY announced a quarterly common-stock dividend of USD 0.63 per share, payable on November 9, 2026, to shareholders of record as of October 26, 2026. The same release listed dividends for several preferred series for the period ending in December 2026.
On October 19, 2026, BNY announced the pricing of the Series O preferred offering. The company said the offering is expected to close on October 28, 2026, and that net proceeds are intended for general corporate purposes. These details are reported in the BNY release.
Dates of the coming week
The next Xetra session is October 26, 2026. BNY’s preferred offering is expected to close on October 28, 2026, according to the company’s press release.
