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BNY-P-K

Bank of New York Mellon Corp · Series K · Banks
Also quoted as: BNY-K, BNYprK, BNY.PRK, BNY-PK, BNYpK
$25.42
last price

About this security

BNY-P-K is a 6.15% non-cumulative perpetual preferred stock issued by Bank of New York Mellon Corp, a Banks issuer. $25 liquidation preference, current yield 6.05%, callable from 2030-03-20.

Bank of New York Mellon Corp: Bank of New York Mellon Corp (BNY) is a global financial services company headquartered in New York, with roots dating back to 1784, making it one of the oldest banks in the United States. The firm operates as a large-scale custodian and asset servicer, with $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management as of December 31, 2025. Its business is organized into three segments — Securities Services, Market and Wealth Services, and Investment and Wealth Management — covering institutional custody, clearing, treasury services, and asset management. BNY is among the world's largest custody banks and a systemically important financial institution. ↗

Issuer page — all Bank of New York Mellon Corp securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 14:25:14 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
6.05%
Annual Dividend
$1.5375
Recent Market Price
$25.42
as of 2026-06-17
Disc/Prem to Par (→ screen)
+1.68% (+$0.42)
Recent Ex-Date
2026-06-05
Pay Frequency
quarterly
Cumulative
No
Original Coupon
6.150%
Call Date
2030-03-20
Yield to Call
5.65%
Yield to Worst
5.65%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Floating Rate
five-year treasury rate + 2.161% (resets from March 20, 2030)
Pay Dates
March 20, June 20, September 20, December 20
Shares Offered (original)
20,000,000
Issued
2025-03-14
Series
K
Alt. Symbology
BNY-K, BNYprK, BNY.PRK, BNY-PK, BNYpK

vs. Banks category (76 issues): yield 6.05% vs avg 6.67% · discount +1.7% vs avg -13.4%

Quote

 BNY-P-K (preferred)BNY (common)
Last $25.42 $143.98
Change — —
Open$25.54$143.63
High / Low $25.55 / $25.42 $145.02 / $142.65
Prev Close——
Volume12,2782,347,563
52-Week High / Low $26.05 / $24.90 $145.02 / $87.41

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● BNY-P-K ● BNY (common)

Dividend History

Ex-DateAmount / Share
2026-06-05$0.384375
2026-03-05$0.384375
2025-12-05$0.384375
2025-09-05$0.384375
2025-06-05$0.410000

Performance — $10K Calculator

See what an investment in BNY-P-K would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Prospectus (SEC 424B5)

Each of the 20,000,000 depositary shares offered hereby (the "depositary shares") represents a 1/4,000th ownership interest in a share of Series K Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (the "Series K Preferred Stock"), of The Bank of New York Mellon Corporation.

Full Prospectus (SEC filing) →

News — Bank of New York Mellon Corp

Issuer news via Tiingo, tagged to BNY.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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