10/14/03
NEW YORK, N.Y., October 14, 2003 -- The Bank of New York Company, Inc. today announced that its Board of Directors declared a quarterly cash dividend of 19 cents per share on the outstanding shares of the Company's Common Stock, unchanged from the previous quarter. The dividend is payable on November 6, 2003, to holders of record as of the close of business on October 24, 2003.
A dividend of 48.4375 cents per share was declared on the Company's 7.75% Cumulative Convertible Preferred Stock for the period from October 2, 2003, through January 1, 2004. The dividend is payable on January 2, 2004, to holders of record as of the close of business on December 15, 2003.
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 corporations, financial institutions, asset managers, governments, non-profit organizations, 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 www.bankofny.com.
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