▷ BNY Mellon Dividends 【Calendar 2024】

Upcoming BNY Mellon dividend

Change(%)

0.00%

No change

Next payment 0.47$

Next payment date Nov 1, 2024

Last payment 0.47$

Last payment date Aug 2, 2024

00 D 00 H 00 M 00 S

Ex-Dividend: 10/21/24

Confirmed

When are the upcoming BNY Mellon dividends in 2024?

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In the next dividend event of BNY Mellon, to be held on November 1, 2024, shareholders will be paid a total of 0,47 dollars per share.

What is the last day to buy BNY Mellon stocks and get dividends?

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Acquire your shares no later than the Last Trading Day (October 18, 2024) to receive dividends.

Last BNY Mellon dividend

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The dividend of 0.47 dollars by BNY Mellon was paid on August 2, 2024, following the ex-dividend on July 22, 2024.

Dividend policy of BNY Mellon

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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.

BNY Mellon's earnings (17,801,000,960.00$) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of BK.

Dividend payout ratio Payout Ratio

Dividend calendar of BNY Mellon

These are the most important events of the BNY Mellon calendar in 2024:

Event	Day
Last trading date	October 18, 2024
Ex-Dividend (Ex-Date)	October 21, 2024
Record date	October 21, 2024
Date of payment	November 1, 2024

Data confirmed by the company BNY Mellon (BK).

Confirmed Source

Dividend yield of BNY Mellon vs. the sector

BNY Mellon's dividend yield (2.38%) is above the sector average (2.20%).

Comparison with industry average

BNY Mellon's dividend yield is between the top 25% (2.90%) and top 75% (0.71%) of the sector.

Evaluation with respect to competence.

Information about BNY Mellon

Full name The Bank of New York Mellon Corporation

Ticker BK

Sector Financial Services

Industry Banks - Diversified

Market Capitalization 57.32B $

ISIN US0640581007

Number of Employees 52,600

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.