BK Dividend History - Bank of New York Mellon

Track the latest BK dividend history! 2.20% Dividend Yield, 6.01% Annual Growth - Explore BK's complete dividend history

Yield 12m 2.20%
Cash Amount 12m 1.78
Dividend Growth 5y avg 6.01%
Dividend Rating 57.79%
Yield on Cost 5y 4.19%
Payout Consistency Overall 91.14%
Payout Frequency 12m 4
Payout Ratio current 31.79%
Total Return 12m: 70.91%
Total Return 5y: 90.12%

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

BK Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-10-21 2024-10-21 2024-11-01 Quarterly 0.47 0.62%
2024-07-22 2024-07-22 2024-08-02 Quarterly 0.47 11.9% 0.75%
2024-04-25 2024-04-26 2024-05-09 Quarterly 0.42 0.73%
2024-01-19 2024-01-22 2024-02-02 Quarterly 0.42 0.77%
2023-10-26 2023-10-27 2023-11-09 Quarterly 0.42 1.01%
2023-07-27 2023-07-28 2023-08-10 Quarterly 0.42 13.5% 0.93%
2023-04-27 2023-04-28 2023-05-11 Quarterly 0.37 0.89%
2023-01-20 2023-01-23 2023-02-03 Quarterly 0.37 0.76%
2022-10-26 2022-10-27 2022-11-10 Quarterly 0.37 0.89%
2022-07-22 2022-07-25 2022-08-05 Quarterly 0.37 8.8% 0.86%
2022-04-27 2022-04-28 2022-05-11 Quarterly 0.34 0.8%
2022-01-28 2022-01-31 2022-02-11 Quarterly 0.34 0.59%
2021-10-29 2021-11-01 2021-11-12 Quarterly 0.34 0.57%
2021-07-26 2021-07-27 2021-08-09 Quarterly 0.34 9.7% 0.69%
2021-04-27 2021-04-28 2021-05-11 Quarterly 0.31 0.65%
2021-01-29 2021-02-01 2021-02-12 Quarterly 0.31 0.77%
2020-10-27 2020-10-28 2020-11-10 Quarterly 0.31 0.85%
2020-07-24 2020-07-27 2020-08-07 Quarterly 0.31 0.85%
2020-04-27 2020-04-28 2020-05-11 Quarterly 0.31 0.86%
2020-01-24 2020-01-27 2020-02-07 Quarterly 0.31 0.66%
2019-10-25 2019-10-28 2019-11-08 Quarterly 0.31
2019-07-26 2019-07-29 2019-08-09 Quarterly 0.31 10.7%
2019-04-26 2019-04-29 2019-05-10 Quarterly 0.28
2019-01-25 2019-01-28 2019-02-08 Quarterly 0.28
2018-10-29 2018-10-30 2018-11-09 Quarterly 0.28
2018-07-30 2018-07-31 2018-08-10 Quarterly 0.28 16.7%
2018-04-30 2018-05-01 2018-05-11 Quarterly 0.24
2018-01-29 2018-01-30 2018-02-09 Quarterly 0.24
2017-10-30 2017-10-31 2017-11-09 Quarterly 0.24
2017-07-28 2017-08-01 2017-08-11 Quarterly 0.24 26.3%
2017-04-28 2017-05-02 2017-05-12 Quarterly 0.19
2017-01-27 2017-01-31 2017-02-10 Quarterly 0.19
2016-10-28 2016-11-01 2016-11-10 Quarterly 0.19
2016-07-29 2016-08-02 2016-08-12 Quarterly 0.19 11.8%
2016-04-29 2016-05-03 2016-05-13 Quarterly 0.17
2016-01-29 2016-02-02 2016-02-12 Quarterly 0.17
2015-10-29 2015-11-02 2015-11-13 Quarterly 0.17
2015-07-30 2015-08-03 2015-08-13 Quarterly 0.17
2015-04-30 2015-05-04 2015-05-14 Quarterly 0.17
2015-01-30 2015-02-03 2015-02-13 Quarterly 0.17

BK Dividend History - FAQ

What is the Dividend Yield of BK?

As of December 2024 BK`s Dividend Yield is 2.20%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.78 USD by the current stock price of 80.85.

What is the long-term Dividend Growth Rate of BK?

In the last 5 Years the Average Dividend Growth Rate was 6.01% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does BK pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) BK paid 4 times a dividend.

What is the Yield on Cost of BK?

The 5 Year Yield-On-Cost is 4.19%. That's the effective dividend income you'd receive today if you purchased Bank of New York Mellon five years ago. It is calculated by the Rate of the last 12 Months (1.78) divided by the price 5 years ago (42.53).

What is the Payout Consistency of BK?

BK has a Payout Consistency of 91.14%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of BK?

The Overall Dividend Rating of 57.79 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does BK have a good Dividend Yield?

BK`s 2.20% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for BK?

The next Dividend Date for BK is unknown.

What is the Dividend Payout Ratio of BK?

The Dividend Payout Ratio of BK is 31.79%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: BK Outstanding Shares

What is the Trend of BK`s Outstanding Shares?

The Outstanding Shares of Bank of New York Mellon are shrinking at a rate of -3.53% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Bank of New York Mellon ever had a Stock Split?

Yes, last Stock Split was on 2007-07-02 with a factor of 9434:10000. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.94.
Year Number of Shares (Mill.) Growth Rate
2009 1179
2010 1216 +3.14%
2011 1223 +0.58%
2012 1178 -3.68%
2013 1154 -2.04%
2014 1137 -1.47%
2015 1113 -2.11%
2016 1072 -3.68%
2017 1040 -2.99%
2018 1007 -3.17%
2019 943 -6.36%
2020 893 -5.3%
2021 856 -4.14%
2022 815 -4.79%
2023 788 -3.31%