BK Bank of New York Mellon dividend history, payout ratio & dates
Bank of New York Mellon's latest dividend was on Oct 21, 2024 (ex-date) with a payout of $0.47 per share. On an annualized basis, the company has a current payout of $1.78 per share. This brings the dividend yield to 2.34% based on its recent close price.
Key dates
- BK last dividend date: Oct 21, 2024
BK dividend stats
vs. Financial Services sector
Dividend yield
BK has a dividend yield of 2.34% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.82%, Bank of New York Mellon's dividend yield is 17% lower. The historical 5-year average of BK's dividend yield is 3.0%, which is higher than the current one.
Dividend history
Bank of New York Mellon has been paying dividends since 1994. BK has distributed five dividends in the past year. The annualized dividend per share marks an increase of 16% since twelve months ago. But with the price of the stock up by 82% from a year ago, the dividend yield has a decrease of 36%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 21, 2024 | $0.47 | 2.35% |
| Jul 22, 2024 | $0.47 | 2.73% |
| Apr 25, 2024 | $0.42 | 2.94% |
| Jan 19, 2024 | $0.42 | 2.96% |
| Oct 26, 2023 | $0.42 | 3.75% |
| Jul 27, 2023 | $0.42 | 3.39% |
| Apr 27, 2023 | $0.37 | 3.52% |
| Jan 20, 2023 | $0.37 | 2.94% |
| Oct 26, 2022 | $0.37 | 3.44% |
| Jul 22, 2022 | $0.37 | 3.25% |
| Apr 27, 2022 | $0.34 | 3.21% |
| Jan 28, 2022 | $0.34 | 2.27% |
| Oct 29, 2021 | $0.34 | 2.2% |
| Jul 26, 2021 | $0.34 | 2.53% |
| Apr 27, 2021 | $0.31 | 2.55% |
| Jan 29, 2021 | $0.31 | 3.11% |
| Oct 27, 2020 | $0.31 | 3.49% |
| Jul 24, 2020 | $0.31 | 3.42% |
| Apr 27, 2020 | $0.31 | 3.36% |
| Jan 24, 2020 | $0.31 | 2.63% |
| Oct 25, 2019 | $0.31 | 2.54% |
| Jul 26, 2019 | $0.31 | 2.42% |
| Apr 26, 2019 | $0.28 | 2.31% |
| Jan 25, 2019 | $0.28 | 2.02% |
| Oct 29, 2018 | $0.28 | 2.27% |
| Jul 30, 2018 | $0.28 | 1.87% |
| Apr 30, 2018 | $0.24 | 1.76% |
| Jan 29, 2018 | $0.24 | 1.58% |
| Oct 30, 2017 | $0.24 | 1.67% |
| Jul 28, 2017 | $0.24 | 1.54% |
| Apr 28, 2017 | $0.19 | 1.61% |
| Jan 27, 2017 | $0.19 | 1.65% |
| Oct 28, 2016 | $0.19 | 1.66% |
| Jul 29, 2016 | $0.19 | 1.78% |
| Apr 29, 2016 | $0.17 | 1.69% |
| Jan 29, 2016 | $0.17 | 1.88% |
| Oct 29, 2015 | $0.17 | 1.6% |
| Jul 30, 2015 | $0.17 | 1.55% |
| Apr 30, 2015 | $0.17 | 1.61% |
| Jan 30, 2015 | $0.17 | 1.89% |
Bank of New York Mellon dividend payout ratio
Payout ratio
BK has a payout ratio of 42.1% which is higher than its peers average but lower than the Financial Services sector and the industry average. But in comparison with the Financial Services sector average of 43.4%, Bank of New York Mellon's payout ratio is only 3% lower.
Total amount of dividends paid per financial year (from cash flow)
BK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| C Citigroup Inc | 3.41% | $2.15 | 58.9% |
| STT State Street Corp | 3.1% | $2.83 | 51.9% |
| NTRS Northern Trust Corp | 2.93% | $3 | 40.9% |
| BK Bank of New York Mellon Corp | 2.33% | $1.78 | 42.1% |
| WFC Wells Fargo & Company | 2.25% | $1.45 | 29.4% |
| JPM Jpmorgan Chase & Co | 2.06% | $4.6 | 25.6% |
Frequently asked questions
Does Bank of New York Mellon pay a dividend?
Yes, Bank of New York Mellon has paid five dividends in the last twelve months. BK has been paying dividends since 1994.
When was BK's last dividend?
Bank of New York Mellon's last regular dividend was on Oct 21, 2024 (ex-date) with the amount of $0.47 per share.
How much dividend does Bank of New York Mellon pay (per share)?
On an annual basis BK pays $1.78 per share.
What is Bank of New York Mellon's dividend yield?
The current dividend yield of Bank of New York Mellon is 2.34%.
How often does Bank of New York Mellon pay dividends?
Bank of New York Mellon has a quarterly dividend frequency.
What is Bank of New York Mellon's dividend payout ratio?
The dividend payout ratio of Bank of New York Mellon is 42.1%.
Does Bank of New York Mellon pay a good dividend?
Bank of New York Mellon's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.