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 2.46% that is well covered by earnings.
Key information
2.5%
Dividend yield
5.0%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.880 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Bank of New York Mellon: Still A Buy After The Recent Surge
Dec 16Bank of New York Mellon Q3 Earnings Preview: Margins And Deposit Costs Are Key Metrics
Oct 09Bank of New York Mellon: Appealing Price With A Solid Moat
Sep 19Bank of New York Mellon: Top Custodial Bank And Dividend Growth Powerhouse
Aug 12Bank of New York Mellon Q2 Review: Strong Earnings And Upside Potential
Jul 17Bank of New York Mellon (NYSE:BK) Has Announced That It Will Be Increasing Its Dividend To $0.47
Jul 15
Bank of New York Mellon: Greed Was Good, But Hold On For Now
Jul 05Bank of New York Mellon: An Emerging Growth Story (Rating Upgrade)
Apr 23Results: The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 18Bank of New York Mellon: A Dividend Grower With $2 Trillion AUM, But Getting Expensive
Feb 09Bank of New York Mellon: Higher Average Interest Rates Will Lead To Gains (Rating Upgrade)
Jan 18Bank of New York Mellon: Still A Buy At +3% Yield And Earnings Growth (Ratings Downgrade)
Dec 11BNY Mellon: Cheap But Without Growth Prospects
Oct 30Bank of New York Mellon: Underperformance, But Nice Dividend
Oct 17Bank of New York Mellon: 5 Reasons For Its Upgrade To Strong Buy
Aug 07Is BNY Mellon A Good Buy Ahead Of Its Q1 Results?
Jul 12BNY Mellon expands outsourced trading to buy-side firms
Jan 25BofA reinstates BNY Mellon at Buy on earnings defensibility, limited credit risk
Jan 12BNY Mellon: Great Time To Buy Before The Market Wakes Up
Dec 29Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BK) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Capital Markets) | 1.9% |
| Analyst forecast (BK) (up to 3 years) | 2.8% |
Notable Dividend: BK's dividend (2.46%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: BK's dividend (2.46%) is low compared to the top 25% of dividend payers in the US market (4.53%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.8%), 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 (27.3% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 23:48 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Bank of New York Mellon Corporation is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Jason Goldberg | Barclays |