Bank of New York Mellon Dividend
Dividend criteria checks 6/6
Bank of New York Mellon is a dividend paying company with a current yield of 2.81% that is well covered by earnings.
Key information
2.8%
Dividend yield
41%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AR$4.14 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BK's dividends per share have been stable in the past 10 years.
Growing Dividend: BK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bank of New York Mellon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BK) | 2.8% |
Market Bottom 25% (AR) | 0.6% |
Market Top 25% (AR) | 2.7% |
Industry Average (Capital Markets) | 4.0% |
Analyst forecast in 3 Years (BK) | 3.5% |
Notable Dividend: BK's dividend (2.81%) is higher than the bottom 25% of dividend payers in the AR market (0.59%).
High Dividend: BK's dividend (2.81%) is in the top 25% of dividend payers in the AR market (2.67%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), BK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BK's dividends in 3 years are forecast to be well covered by earnings (28.7% payout ratio).