Bank of New York Mellon 5.20% Non Cumulative Preferred Stock
By: Tim McPartland,
S&P Rating BBB Moodys Rating NR
Security Ticker Symbol BK-C
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Market Traded ON NYSE
Dividend Payment Paid on the 20th of March, June, September and December beginning on 12/20/2012
Quarterly Dividend .325 Annual Dividend 1.300
Securities may be redeemed, at the issuers option, as early as 09/20/2017 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Bank of New York Mellon
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
