In this section of the page, you will find all the information you need to understand how BNY Mellon (BK) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming BNY Mellon dividend
Change(%)
-30.95%
Decrease
Next payment 0.29$
Next payment date Mar 1, 2024
Last payment 0.42$
Last payment date Nov 9, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/16/24
Estimated

BNY Mellon will distribute 0,29 dollars per share in the form of a dividend on March 1, 2024.

The February 16, 2024 is the ex-dividend date. So if you wish to receive BNY Mellon dividends, you must buy one day before this date.

BNY Mellon distributed 0.42 dollars per share in the form of a dividend on November 9, 2023.

The Bank of New York Mellon Corporation, listed on the stock exchange as BK, makes its dividend payments in an orderly, constant and progressive manner.

The Administrative Council and the Board of Shareholders calculate the quota that they deliver to their associates on an annual basis, as a result of their financial balance, which is divided into four equal parts, delivering two in that declared year and two in the following year.

The payment is made in cash on a quarterly basis in the months of August, November, February and May, the next year being generally higher than the previous year, the dividend yield is approximately 3.40%.

Payout Ratio BNY Mellon Dividends

BNY Mellon paid 3% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

BNY Mellon's earnings (17,054,000,128.00$) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of BK.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of BNY Mellon

This is the Dividend Calendar of BNY Mellon in 2023.

Event Day
Last trading date February 15, 2024
Ex-Dividend (Ex-Date) February 16, 2024
Record date February 29, 2024
Date of payment March 1, 2024
Dividends schedule BNY Mellon
Data pending official confirmation from the company BNY Mellon (BK).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of BNY Mellon

Over the past 5 years, BNY Mellon has steadily increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of BNY Mellon vs. the sector

BNY Mellon's dividend yield (3.57%) is above the sector average (3.17%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

BNY Mellon's dividend yield is among the top 25% (3.55%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in BNY Mellon

In the last 5 years, BNY Mellon's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of BNY Mellon

In this table you can see the dividend history of BNY Mellon:

YearEx-DividendAmountTotal
2023
10/26/2023
07/27/2023
04/27/2023
01/20/2023
0.42 $
0.42 $
0.37 $
0.37 $
1.58 $
2022
10/26/2022
07/22/2022
04/27/2022
01/28/2022
0.37 $
0.37 $
0.34 $
0.34 $
1.42 $
2021
10/29/2021
07/26/2021
04/27/2021
01/29/2021
0.34 $
0.34 $
0.31 $
0.31 $
1.3 $
2020
10/27/2020
07/24/2020
04/27/2020
01/24/2020
0.31 $
0.31 $
0.31 $
0.31 $
1.24 $
2019
10/25/2019
07/26/2019
04/26/2019
01/25/2019
0.31 $
0.31 $
0.28 $
0.28 $
1.18 $
2018
10/29/2018
07/30/2018
04/30/2018
01/29/2018
0.28 $
0.28 $
0.24 $
0.24 $
1.04 $
2017
10/30/2017
07/28/2017
04/28/2017
01/27/2017
0.24 $
0.24 $
0.19 $
0.19 $
0.86 $
2016
10/28/2016
07/29/2016
04/29/2016
01/29/2016
0.19 $
0.19 $
0.17 $
0.17 $
0.72 $
2015
10/29/2015
07/30/2015
04/30/2015
01/30/2015
0.17 $
0.17 $
0.17 $
0.17 $
0.68 $
2014
10/24/2014
07/25/2014
04/23/2014
01/29/2014
0.17 $
0.17 $
0.17 $
0.15 $
0.66 $
2013
10/24/2013
07/25/2013
04/25/2013
01/24/2013
0.15 $
0.15 $
0.15 $
0.13 $
0.58 $
2012
10/25/2012
07/26/2012
04/26/2012
01/26/2012
0.13 $
0.13 $
0.13 $
0.13 $
0.52 $
2011
10/27/2011
07/27/2011
04/27/2011
01/27/2011
0.13 $
0.13 $
0.13 $
0.09 $
0.48 $
2010
10/27/2010
07/28/2010
04/28/2010
01/28/2010
0.09 $
0.09 $
0.09 $
0.09 $
0.36 $
2009
10/28/2009
07/30/2009
04/29/2009
01/21/2009
0.09 $
0.09 $
0.09 $
0.24 $
0.51 $
2008
10/22/2008
07/21/2008
04/21/2008
01/18/2008
0.24 $
0.24 $
0.24 $
0.24 $
0.96 $
2007
10/22/2007
07/23/2007
04/23/2007
01/22/2007
0.24 $
0.24 $
0.233199 $
0.233199 $
0.946398 $
2006
10/23/2006
07/24/2006
04/24/2006
01/23/2006
0.233199 $
0.233199 $
0.222599 $
0.222599 $
0.911596 $
2005
10/24/2005
07/22/2005
04/22/2005
03/09/2005
01/20/2005
0.222599 $
0.222599 $
0.211999 $
0.053 $
0.211999 $
0.922196 $
2004
10/21/2004
07/21/2004
04/22/2004
01/21/2004
0.211999 $
0.211999 $
0.211999 $
0.201399 $
0.837396 $
2003
10/22/2003
07/16/2003
04/15/2003
01/22/2003
0.201399 $
0.201399 $
0.201399 $
0.201399 $
0.805596 $
2002
10/16/2002
07/17/2002
04/17/2002
01/16/2002
0.201399 $
0.201399 $
0.201399 $
0.201399 $
0.805596 $
2001
10/17/2001
07/18/2001
04/18/2001
01/17/2001
0.190799 $
0.190799 $
0.190799 $
0.190799 $
0.763196 $
2000
10/18/2000
07/19/2000
04/18/2000
01/19/2000
0.190799 $
0.169599 $
0.135679 $
0.169599 $
0.665676 $
1999
10/20/1999
07/21/1999
04/21/1999
01/20/1999
0.169599 $
0.148399 $
0.148399 $
0.148399 $
0.614796 $
1998
10/21/1998
07/22/1998
04/22/1998
01/21/1998
0.148399 $
0.148399 $
0.137799 $
0.137799 $
0.572396 $
1997
10/22/1997
07/16/1997
04/16/1997
01/22/1997
0.137799 $
0.127199 $
0.127199 $
0.127199 $
0.519396 $
1996
10/16/1996
07/17/1996
04/17/1996
01/17/1996
0.1166 $
0.1166 $
0.106 $
0.106 $
0.4452 $
1995
10/18/1995
07/19/1995
04/17/1995
01/13/1995
0.0954 $
0.0954 $
0.0848 $
0.0848 $
0.3604 $
1994
10/17/1994
07/18/1994
04/18/1994
01/14/1994
0.0848 $
0.072875 $
0.072875 $
0.059625 $
0.290175 $
1993
10/18/1993
07/19/1993
04/19/1993
01/15/1993
0.00159 $
0.059625 $
0.05035 $
0.05035 $
0.161915 $
1992
10/19/1992
07/20/1992
04/20/1992
01/17/1992
0.05035 $
0.05035 $
0.05035 $
0.05035 $
0.2014 $
1991
10/11/1991
07/15/1991
04/15/1991
01/14/1991
0.05035 $
0.05035 $
0.05035 $
0.070225 $
0.221275 $
1990
10/15/1990
07/16/1990
04/16/1990
01/12/1990
0.070225 $
0.070225 $
0.070225 $
0.070225 $
0.2809 $
1989
10/16/1989
07/17/1989
04/17/1989
01/13/1989
0.070225 $
0.0636 $
0.0636 $
0.0636 $
0.261025 $
1988
10/17/1988
07/18/1988
04/18/1988
01/22/1988
0.0636 $
0.059625 $
0.059625 $
0.059625 $
0.242475 $
1987
10/19/1987
0.059625 $
0.059625 $
Dividend history of BNY Mellon

BNY Mellon dividend capture strategy

Step 1: Buy BNY Mellon shares (BK) one day before ex-dividend date
Date of purchase Feb 15, 2024
Next ex-dividend date Feb 16, 2024
Step 2: Sell BNY Mellon shares (BK) when the price recovers.
Date of sale (estimated) Feb 16, 2024
Average price recovery 1 days
Average return on cost 0.75%
The dividend capture strategy is based on historical BNY Mellon data. Past performance is no guarantee of future results.

Information about BNY Mellon

Full name The Bank of New York Mellon Corporation
Ticker BK
Sector Financial Services
Industry Asset Management
Market Capitalization 36.60B $
ISIN N/A
Number of Employees 53,600
Address 240 Greenwich Street, New York, NY, 10286, United States
Phone 212 495 1784
Website https://www.bnymellon.com
Description of the company

The Bank of New York Mellon Corporation, is an investment banking services holding company.

It was founded in the United States, in 2006, through the merger between the Mellon Financial Corporation and the Bank of New York, which approved mutual agreements based on the shares of each organization, becoming effective in July 2007, thereby creating one of the largest securities firms worldwide.

In 2008 it was appointed as custodian of TARP (Troubled Asset Relief Program bailout fund), being hit by the financial crisis of that year, but recovering consistently, so in 2013 they created a marketing campaign to increase its popularity, in turn changing its corporate image and including a new information technology system called NEXEN.

Its headquarters are located in New York, but it has operations in 35 countries between America, Europe, Asia, Middle East and Africa, having approximately 51 thousand employees.

Their main functions basically are to manage the investments of their clients, both personal and organizational, offering the investment service and the management of the same, which represents just over 70% of its income, also serves endowments, pension funds, life insurance companies and universities.

Frequently asked questions about BNY Mellon dividends

BNY Mellon pays dividends on a Quarterly basis.

BNY Mellon is listed on the New York Stock Exchange and is part of the Nyse.

BNY Mellon has the Ticker or stock code BK.

BNY Mellon belongs to the Financial Services sector and the Asset Management industry.

The CEO of BNY Mellon in 2023 is Mr. Robin Antony Vince.

At this moment, the value of a BNY Mellon share is 47.59$.

BNY Mellon has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

BNY Mellon Forum

Check the latest comments and participate in the live chat on BNY Mellon stocks (BK).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments