Company: The Bank of New York Mellon Corp. (BK)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $47.8 trillion in under custody or administration (as of Dec. 31, 2023), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY MellonÕs asset-management division manages about $2.0 trillion in assets. -Morningstar.com-
Symbol: BK
Recent Price: $62.50
Dividends: $1.68
Yield: 2.69%
Sector: Financial Services
Industry: Asset Management
Address & Company Phone #: 240 Greenwich Stret New York NY 10286, 212-495-1784
Transfer Agent: Equiniti Group plc. 800-205-7699
Moody’s Rating: Aa2
Minimum & Maximum Investment: $50 – $150,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $1000
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $56.06, $39.65