The Bank of New York Company, Inc. Announces Quarterly Dividend
The Bank of New York Company, Inc. today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share on the outstanding shares of the Company's Common Stock, unchanged from the previous quarter.NEW YORK, January 11, 2005 -- The Bank of New York Company, Inc. today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share on the outstanding shares of the Company's Common Stock, unchanged from the previous quarter. The dividend is payable on February 3, 2005, to holders of record as of the close of business on January 24, 2005.
A dividend of 48.4375 cents per share was declared on the Company's 7.75% Cumulative Convertible Preferred Stock for the period from January 2, 2005, through April 1, 2005. The dividend is payable on April 1, 2005, to holders of record as of the close of business on March 15, 2005.
The Bank of New York Company, Inc. (NYSE: BK) is a global leader in securities servicing for issuers, investors and financial intermediaries. The Company plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. The Company provides quality solutions through leading technology for global financial institutions, asset managers, governments, non-profit organizations, corporations, and individuals. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Market Services, and Retail Banking. Additional information on the Company is available at http://www.bankofny.com/.
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