BNY-P-K: Bank of New York Mellon Corp 6.15% Series K Preferred Stock
Bank of New York Mellon Corp's BNY-P-K is an exchange-traded preferred stock in the Banks sector.
At a recent price of $24.97, BNY-P-K yields 6.16% on its $25 liquidation preference and 6.15% coupon.
It trades at a discount of 0.1% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2030-03-20.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.