The Bank of New York Mellon announced a 13% increase in its quarterly cash dividend to $0.53 per share, reflecting efforts to enhance shareholder value. The stock price rose by 8% over the last quarter, supported by solid earnings and an aggressive share buyback program. Inclusion in several Russell indices may have further boosted investor confidence. These factors suggest strong performance and commitment to rewarding shareholders, positioning the company as a potential high-growth dividend stock.