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Stock impact report

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--On May 23, 2024, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on June 24, 2024, to shareholders of record at the close of business on June 7, 2024. The ex-dividend date is June 7, 2024. The previous dividend declared in February was a quarterly distribution of $2.00 per share of common stock.The Fund intends to distribute all or a portion of its net investment income to common shareholders on a quarterly basis. To permit the Fund to maintain a more stable quarterly distribution, the Fund may from time to time distribute less than the entire amount of income earned in a particular period. The undistributed income would be available to supplement future distributions. Under normal market conditions, the Fund is managed in a manner such that the Fund’s distributions are reflective of the Fund’s current and projected earnings levels. Various factors will affect Show less Read more
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