Have a feature idea you'd love to see implemented? Let us know!
Back to BK overview

BK Bank of New York Mellon dividend history, payout ratio & dates

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.

Key dates

  • BK last dividend date: Jul 22, 2024
BK dividend stats
DPS
$1.73
Dividend yield
2.24%
Payout ratio
40.9%
vs. Financial Services sector
Dividend yield
2.79%
Payout ratio
43.3%

Dividend yield

What is Bank of New York Mellon current dividend yield

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.

Dividend history

What is BK dividend payout history and dates

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%.

Recent dividends

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%

Bank of New York Mellon dividend payout ratio

What is Bank of New York Mellon dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

BK dividend vs peer dividends

How does BK dividend compare to its peers' dividends
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%

Frequently asked questions

Does Bank of New York Mellon pay a dividend?

Yes, Bank of New York Mellon has paid four 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 Jul 22, 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 $1.73 per share.

What is Bank of New York Mellon's dividend yield?

The current dividend yield of Bank of New York Mellon is 2.26%.

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 40.9%.

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.