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 | US$1.880 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Bank 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 07Bank of New York Mellon (NYSE:BK) Is Increasing Its Dividend To $0.42
Jul 21Is 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 29BNY Mellon to redeem $750M floating rate senior notes due 2023
Oct 18BNY Mellon enables some U.S. clients to hold, transfer bitcoin, ether
Oct 11Stability 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) | 2.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (BK) (up to 3 years) | 2.7% |
Notable Dividend: BK's dividend (2.39%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: BK's dividend (2.39%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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 (26.4% payout ratio).