Printer Friendly

MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS

 MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
 PITTSBURGH, Jan. 17 /PRNewswire/ -- At its regular meeting, the board of directors of Mellon Bank Corporation (NYSE: MEL) today declared a quarterly dividend of $.35 per share on the corporation's common stock.
 This represents no change from the previous quarterly amount.
 The board also declared quarterly dividends on Mellon Series B preferred stock (NYSE: MEL Pr B) at the rate of $1.6875 per share per annum; Mellon Series C-2 preferred stock at the rate of $8.75 per share per annum; Mellon Series H preferred stock (NYSE: MEL Pr H) at the rate of $2.60 per share per annum; and Mellon Series I preferred stock (NYSE: MEL Pr I) at the rate of $2.40 per share per annum. In addition, the board declared a quarterly dividend on Mellon Series D junior preferred stock of $.4025 per share.
 Dividends on Mellon common stock, Series B preferred stock, Series D junior preferred stock, Series H preferred stock and Series I preferred stock are payable on Feb. 14, 1992, to shareholders of record at the close of business on Jan. 30, 1992.
 Dividends for Mellon Series C-2 preferred stock are payable on Feb. 14, 1992, to shareholders of record at the close of business on Feb. 3, 1992.
 With assets of approximately $30 billion, Mellon Bank Corporation is a major superregional bank holding company. Through its subsidiaries, it provides wholesale, middle market and retail banking, as well as numerous service products including trust and investment, cash management, and financial data processing.
 -0- 1/17/92
 /CONTACT: Charles M. Johnston, analysts, 412-234-5601, or Thomas W. Butch, media, 412-234-6436, both for Mellon Bank/
 (MEL) CO: Mellon Bank Corporation ST: Pennsylvania IN: FIN SU: DIV


DM -- PG006 -- 0950 01/17/92 11:22 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 17, 1992
Words:297
Previous Article:ANHEUSER-BUSCH ANNOUNCES 1991 BEER SALES VOLUME OF 86.0 MILLION BARRELS AND INCREASE IN MARKET SHARE
Next Article:DAKA INTERNATIONAL SELLS $10 MILLION OF PREFERRED STOCK TO AFFILIATES OF FIRST CHICAGO AND EFFECTS A 1-FOR-10 REVERSE STOCK SPLIT
Topics:


Related Articles
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS
MELLON BANK CORPORATION ANNOUNCES 11 PERCENT INCREASE IN COMMON STOCK DIVIDEND
MELLON BANK CORPORATION DECLARES QUARTERLY DIVIDENDS AND ANNOUNCES STOCK REPURCHASE PLAN

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters