Bank of New York Mellon's latest dividend was on Jul 22, 2024 (ex-date) with a payout of $0.47 per share. On an annualized basis, the company has a current payout of $1.73 per share. This brings the dividend yield to 2.26% based on its recent close price. The latest dividend marks an increase of $0.05, or 12% from the prior distribution.
BK has a dividend yield of 2.26% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.79%, Bank of New York Mellon's dividend yield is 19% lower. The historical 5-year average of BK's dividend yield is 3.0%, which is higher than the current one.
Bank of New York Mellon has been paying dividends since 1994. BK has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 13% since twelve months ago. But with the price of the stock up by 86% from a year ago, the dividend yield has a decrease of 39%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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% |
BK has a payout ratio of 40.9% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.3%, Bank of New York Mellon's payout ratio is 6% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
C Citigroup Inc | 3.37% | $2.15 | 58.9% |
NTRS Northern Trust Corp | 3.13% | $3 | 40.9% |
STT State Street Corp | 3.1% | $2.83 | 51.9% |
WFC Wells Fargo & Company | 2.28% | $1.45 | 29.4% |
BK Bank of New York Mellon Corp | 2.24% | $1.73 | 40.9% |
JPM Jpmorgan Chase & Co | 2.05% | $4.6 | 25.6% |
Yes, Bank of New York Mellon has paid four dividends in the last twelve months. BK has been paying dividends since 1994.
Bank of New York Mellon's last regular dividend was on Jul 22, 2024 (ex-date) with the amount of $0.47 per share.
On an annual basis BK pays $1.73 per share.
The current dividend yield of Bank of New York Mellon is 2.26%.
Bank of New York Mellon has a quarterly dividend frequency.
The dividend payout ratio of Bank of New York Mellon is 40.9%.
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.