Reported 13 days ago
BNY Mellon (BK), a leading custodian with $55.8 trillion in assets, is enhancing its investment proposition by investing in digital assets and blockchain. Its collaboration with Goldman Sachs to utilize blockchain for money market fund ownership records and exploration of tokenized deposits signal its commitment to modern infrastructure. The bank maintains strong dividend payments, recently raising its quarterly dividend to $0.53 per share and extending its growth streak to 15 years, making it a compelling choice for dividend investors.
Source: YAHOO