The Bank of New York Mellon Corporation

NYSE:BK Stock Report

Market Cap: US$55.8b

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 2.43% that is well covered by earnings. Next payment date is on 2nd May, 2025 with an ex-dividend date of 21st April, 2025.

Key information

2.4%

Dividend yield

5.5%

Buyback Yield

Total Shareholder Yield7.9%
Future Dividend Yield3.0%
Dividend Growth9.9%
Next dividend pay date02 May 25
Ex dividend date21 Apr 25
Dividend per shareUS$1.880
Payout ratio30%

Recent dividend and buyback updates

Bank 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 (NYSE:BK) Has Announced That It Will Be Increasing Its Dividend To $0.47

Recent updates

BK.PR.K: A 6.15% Investment Grade IPO From The Bank Of New York Mellon

Mar 27

Bank Of New York Mellon Upgraded To Buy As Further Upside Expected In 2025

Feb 25

Bank of New York Mellon: Still A Buy After The Recent Surge

Dec 16

Bank of New York Mellon Q3 Earnings Preview: Margins And Deposit Costs Are Key Metrics

Oct 09

Bank of New York Mellon: Appealing Price With A Solid Moat

Sep 19

Bank of New York Mellon: Top Custodial Bank And Dividend Growth Powerhouse

Aug 12

Bank of New York Mellon Q2 Review: Strong Earnings And Upside Potential

Jul 17

Bank 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 (NYSE:BK) Has Announced That It Will Be Increasing Its Dividend To $0.47

Bank of New York Mellon: Greed Was Good, But Hold On For Now

Jul 05

Bank of New York Mellon: An Emerging Growth Story (Rating Upgrade)

Apr 23

Results: The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 18
Results: The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Bank of New York Mellon: A Dividend Grower With $2 Trillion AUM, But Getting Expensive

Feb 09

Bank of New York Mellon: Higher Average Interest Rates Will Lead To Gains (Rating Upgrade)

Jan 18

Bank of New York Mellon: Still A Buy At +3% Yield And Earnings Growth (Ratings Downgrade)

Dec 11

BNY Mellon: Cheap But Without Growth Prospects

Oct 30

Bank of New York Mellon: Underperformance, But Nice Dividend

Oct 17

Bank of New York Mellon: 5 Reasons For Its Upgrade To Strong Buy

Aug 07

Upcoming Dividend Payment

TodayApr 15 2025Ex Dividend DateApr 21 2025Dividend Pay DateMay 02 202511 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

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
How does BK dividend yield compare to the market?
SegmentDividend Yield
Company (BK)2.4%
Market Bottom 25% (US)1.7%
Market Top 25% (US)5.0%
Industry Average (Capital Markets)2.3%
Analyst forecast (BK) (up to 3 years)3.0%

Notable Dividend: BK's dividend (2.43%) is higher than the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: BK's dividend (2.43%) is low compared to the top 25% of dividend payers in the US market (5.04%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.6%), 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 (25.3% payout ratio).


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 10:55
End of Day Share Price 2025/04/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

The Bank of New York Mellon Corporation is covered by 40 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Jason GoldbergBarclays
Jason GoldbergBarclays