Bank of New York Mellon Dividends and Buybacks
Dividend criteria checks 5/6
Bank of New York Mellon is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
4.8%
Buyback Yield
| Total Shareholder Yield | 7.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.880 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BONY's dividends per share have been stable in the past 10 years.
Growing Dividend: BONY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of New York Mellon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BONY) | 2.4% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Capital Markets) | 2.9% |
| Analyst forecast (BONY) (up to 3 years) | 2.7% |
Notable Dividend: BONY's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Austrian market (2.06%).
High Dividend: BONY's dividend (2.39%) is low compared to the top 25% of dividend payers in the Austrian market (6.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.8%), BONY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BONY's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).