Thread regarding Bank of New York Mellon Corp. layoffs

Dividend increase!

BNY Mellon Announces Intention to Increase Quarterly Common Stock Dividend by 9 Percent to $0.37 per Share

https://www.bnymellon.com/us/en/about-us/newsroom/press-release/bny-mellon-announces-intention-to-increase-quarterly-common-stock-dividend-by-9-percent-to-$037-per-share-130285.html

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Post ID: @OP+1hsxWOOL

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He sold a tiny fraction of his shares to avoid regulator issues. Less than 0.97686 percent of his shares.

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Post ID: @evxk+1hsxWOOL

@daju+1hsxWOOL

No, actually he doesn’t. Warren Buffet was clear about selling his stake in us and why, and he made his point well as I recall. We should have learned from it. I know that I did.

https://www.barrons.com/articles/warren-buffett-berkshire-hathaway-sells-bank-of-new-york-stock-51586467957

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Post ID: @egaq+1hsxWOOL

@dhjh, Warren Buffet wants you to call him for investment advice,

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Post ID: @daju+1hsxWOOL

I would not recommend holding BK stock. There are tax breaks for withdrawals of employer stock matches in a 401K, but… you can also take your match in an S&P 500 fund. You have to ask whether your employer is better or worse than the average blue chip stock. I say that it’s worse.

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Post ID: @dhjh+1hsxWOOL

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