BK Dividend History - Bank of New York Mellon

Track the latest BK dividend history! 1.63% Dividend Yield, 7.50% Annual Growth - Explore BK's complete dividend history

Yield 12m 1.63%
Cash Amount 12m 1.36
Dividend Growth 5y avg 7.50%
Dividend Rating 60.10%
Yield on Cost 5y 3.38%
Payout Ratio current 31.8%
Payout Frequency 12m 4
Payout Consistency 91.4%
Total Return 12m: 58.18%
#22 in Group
Total Return 5y: 114.33%
#27 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Asset Management & Custody Banks
Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
BK 56,676m 1.63% 3.38%
ECC 966m 24.0% 31.6%
OXLC 1,876m 23.8% 31.8%
DGS 207m 17.7% 37.0%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
BK 56,676m 7.50% 60.1%
NOAH 820m 130% 65.3%
OWL 34,739m 51.2% 74.7%
VCTR 4,265m 46.6% 74.1%

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 January 2025 BK`s Dividend Yield is 1.63%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.36 USD by the current stock price of 84.93.

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

In the last 5 Years the Average Dividend Growth Rate was 7.50% 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 3.38%. 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 (1.36) divided by the price 5 years ago (39.63).

What is the Payout Consistency of BK?

BK has a Payout Consistency of 91.4%. 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 60.10 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 1.63% Dividend Yield is considered as: low.
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 31.8%. 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 -3.61% 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
1985 231400000
1986 239952000 +3.7%
1987 264736000 +10.33%
1988 506464000 +91.31%
1989 568333300 +12.22%
1990 486923100 -14.32%
1991 553846200 +13.74%
1992 650000000 +17.36%
1993 786363600 +20.98%
1994 777777800 -1.09%
1995 860714300 +10.66%
1996 821875000 -4.51%
1997 780000000 -5.1%
1998 779000000 -0.13%
1999 741000000 -4.88%
2000 743000000 +0.27%
2001 730000000 -1.75%
2002 726000000 -0.55%
2003 778000000 +7.16%
2004 779000000 +0.13%
2005 774000000 -0.64%
2006 763083000 -1.41%
2007 1147906000 +50.43%
2008 1150753000 +0.25%
2009 1215217400 +5.6%
2010 1235670000 +1.68%
2011 1205586000 -2.43%
2012 1163490300 -3.49%
2013 1147961000 -1.33%
2014 1129040000 -1.65%
2015 1096385000 -2.89%
2016 1056818000 -3.61%
2017 1030404000 -2.5%
2018 1030404000
2019 914739000 -11.23%
2020 891846000 -2.5%
2021 817345000 -8.35%
2022 815846000 -0.18%
2023 772102000 -5.36%
2024 742080000 -3.89%