The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, prime brokerage, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services; and clearance and collateral management services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The company was founded in 1784 and is headquartered in New York, New York.
Bank of New York Mellon Dividend Announcement
• Bank of New York Mellon announced a quarterly dividend of $0.47 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-21
• Bank of New York Mellon annual dividend for 2024 was $1.78
• Bank of New York Mellon annual dividend for 2023 was $1.58
• Bank of New York Mellon's trailing twelve-month (TTM) dividend yield is 2.86%
• Bank of New York Mellon's payout ratio for the trailing twelve months (TTM) is 43.31%
• Bank of New York Mellon's dividend growth over the last five years (2018-2023) was 8.72% year
• Bank of New York Mellon's dividend growth over the last ten years (2013-2023) was 10.54% year
Bank of New York Mellon Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-21 | $0.47 | quarterly | 2024-11-01 |
| 2024-07-22 | $0.47 | quarterly | 2024-08-02 |
| 2024-04-25 | $0.42 | quarterly | 2024-05-09 |
| 2024-01-19 | $0.42 | quarterly | 2024-02-02 |
| 2023-10-26 | $0.42 | quarterly | 2023-11-09 |
| 2023-07-27 | $0.42 | quarterly | 2023-08-10 |
| 2023-04-27 | $0.37 | quarterly | 2023-05-11 |
| 2023-01-20 | $0.37 | quarterly | 2023-02-03 |
| 2022-10-26 | $0.37 | quarterly | 2022-11-10 |
| 2022-07-22 | $0.37 | quarterly | 2022-08-05 |
| 2022-04-27 | $0.34 | quarterly | 2022-05-11 |
| 2022-01-28 | $0.34 | quarterly | 2022-02-11 |
| 2021-10-29 | $0.34 | quarterly | 2021-11-12 |
| 2021-07-26 | $0.34 | quarterly | 2021-08-09 |
| 2021-04-27 | $0.31 | quarterly | 2021-05-11 |
| 2021-01-29 | $0.31 | quarterly | 2021-02-12 |
| 2020-10-27 | $0.31 | quarterly | 2020-11-10 |
| 2020-07-24 | $0.31 | quarterly | 2020-08-07 |
| 2020-04-27 | $0.31 | quarterly | 2020-05-11 |
| 2020-01-24 | $0.31 | quarterly | 2020-02-07 |
| 2019-10-25 | $0.31 | quarterly | 2019-11-08 |
| 2019-07-26 | $0.31 | quarterly | 2019-08-09 |
| 2019-04-26 | $0.28 | quarterly | 2019-05-10 |
| 2019-01-25 | $0.28 | quarterly | 2019-02-08 |
| 2018-10-29 | $0.28 | quarterly | 2018-11-09 |
| 2018-07-30 | $0.28 | quarterly | 2018-08-10 |
| 2018-04-30 | $0.24 | quarterly | 2018-05-11 |
| 2018-01-29 | $0.24 | quarterly | 2018-02-09 |
| 2017-10-30 | $0.24 | quarterly | 2017-11-09 |
| 2017-07-28 | $0.24 | quarterly | 2017-08-11 |
| 2017-04-28 | $0.19 | quarterly | 2017-05-12 |
| 2017-01-27 | $0.19 | quarterly | 2017-02-10 |
| 2016-10-28 | $0.19 | quarterly | 2016-11-10 |
| 2016-07-29 | $0.19 | quarterly | 2016-08-12 |
| 2016-04-29 | $0.17 | quarterly | 2016-05-13 |
| 2016-01-29 | $0.17 | quarterly | 2016-02-12 |
| 2015-10-29 | $0.17 | quarterly | 2015-11-13 |
| 2015-07-30 | $0.17 | quarterly | 2015-08-13 |
| 2015-04-30 | $0.17 | quarterly | 2015-05-14 |
| 2015-01-30 | $0.17 | quarterly | 2015-02-13 |
| 2014-10-24 | $0.17 | quarterly | 2014-11-07 |
| 2014-07-25 | $0.17 | quarterly | 2014-08-08 |
| 2014-04-23 | $0.17 | quarterly | 2014-05-07 |
| 2014-01-29 | $0.15 | quarterly | 2014-02-07 |
| 2013-10-24 | $0.15 | quarterly | 2013-11-05 |
| 2013-07-25 | $0.15 | quarterly | 2013-08-06 |
| 2013-04-25 | $0.15 | quarterly | 2013-05-07 |
| 2013-01-24 | $0.13 | quarterly | 2013-02-05 |
Bank of New York Mellon Dividend per year
Bank of New York Mellon Dividend growth
Bank of New York Mellon Dividend Yield
Bank of New York Mellon current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing Bank of New York Mellon stock? Use our calculator to estimate your expected dividend yield:
Bank of New York Mellon Financial Ratios
P/E ratio16.38
PEG ratio4.45
P/B ratio1.38
ROE8.61%
Payout ratio43.31%
Current ratio4.28
Quick ratio5.14
Cash Ratio2.97
Bank of New York Mellon Dividend FAQ
How much is the next Bank of New York Mellon dividend?
Bank of New York Mellon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of New York Mellon dividend. The next Bank of New York Mellon dividend will be released in January, April, July, or October.
When is Bank of New York Mellon dividend paid?
Bank of New York Mellon pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of New York Mellon pay?
The specific amount of Bank of New York Mellon dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of New York Mellon's dividend history.
Does Bank of New York Mellon stock pay dividends?
Yes, Bank of New York Mellon does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of New York Mellon's dividend history.
How much dividend does Bank of New York Mellon pay?
Bank of New York Mellon paid $1.78 in 2024, $1.58 in 2023, $1.42 in 2022, $1.3 in 2021, and $1.24 in 2020.
How often does Bank of New York Mellon pay dividends?
Bank of New York Mellon typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Bank of New York Mellon's dividend yield?
The current dividend yield for Bank of New York Mellon is 2.86%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of New York Mellon's exact dividend yield.
When does Bank of New York Mellon go ex dividend?
Bank of New York Mellon's ex-dividend date for the latest dividend was on 2024-10-21. Bank of New York Mellon typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of New York Mellon dividend paid?
Bank of New York Mellon pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Bank of New York Mellon increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of New York Mellon will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of New York Mellon dividend per share?
Bank of New York Mellon paid $1.78 per share in 2024 and $1.58 per share in 2023. The amount of dividend per share that Bank of New York Mellon pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of New York Mellon a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of New York Mellon a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of New York Mellon a dividend stock?
Yes, Bank of New York Mellon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of New York Mellon a good dividend stock?
Whether Bank of New York Mellon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of New York Mellon has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of New York Mellon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Bank of New York Mellon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of New York Mellon pay dividends monthly?
Bank of New York Mellon typically pays dividends on a quarterly basis.
Does Bank of New York Mellon pay dividends quarterly?
Bank of New York Mellon currently pays dividends on a quarterly basis.
Has Bank of New York Mellon ever paid a dividend?
Yes, Bank of New York Mellon has a history of paying dividends to its shareholders. Bank of New York Mellon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of New York Mellon dividend stocks?
To buy Bank of New York Mellon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of New York Mellon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of New York Mellon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of New York Mellon pay dividends 2024?
Bank of New York Mellon pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of New York Mellon increase its dividend in 2024?
Decisions regarding Bank of New York Mellon dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of New York Mellon dividend overview you can look into the above table of dividend history.
How Bank of New York Mellon dividend works?
The Bank of New York Mellon dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of New York Mellon's dividend process works:
1. Determination of Dividend: Bank of New York Mellon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of New York Mellon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of New York Mellon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of New York Mellon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Bank of New York Mellon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of New York Mellon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of New York Mellon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of New York Mellon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of New York Mellon dividends paid?
Bank of New York Mellon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of New York Mellon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of New York Mellon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of New York Mellon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Bank of New York Mellon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of New York Mellon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of New York Mellon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of New York Mellon pay dividends?
Bank of New York Mellon typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of New York Mellon pay dividends?
The general pattern is that Bank of New York Mellon pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of New York Mellon dividend safe?
The safety of Bank of New York Mellon's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bank of New York Mellon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of New York Mellon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Bank of New York Mellon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of New York Mellon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.