Bank Of New York Mellon Declares 24 Cent Dividend

(financialwire.net via COMTEX) -- BK | Quote | Chart | News | PowerRating -- July 8, 2008 (FinancialWire) The Bank of New York Mellon Corp.'s (NYSE: BK | Quote | Chart | News | PowerRating) (Current Market Cap: US$40.64 Bil.) board has declared a quarterly dividend of 24 cents per share on the outstanding shares of the company's common stock. The dividend is payable on August 1 to holders of record as of the close of business on July 23.

New York-based The Bank of New York Mellon is a financial services company operating in 34 countries and serving more than 100 markets.

The company posts more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt.

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