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BK (Bank of New York Mellon) Dividend Payout Ratio : 0.28 (As of Jun. 2024)


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What is Bank of New York Mellon Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Bank of New York Mellon's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.28.

The historical rank and industry rank for Bank of New York Mellon's Dividend Payout Ratio or its related term are showing as below:

BK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.27   Max: 0.37
Current: 0.31


During the past 13 years, the highest Dividend Payout Ratio of Bank of New York Mellon was 0.37. The lowest was 0.23. And the median was 0.27.

BK's Dividend Payout Ratio is ranked better than
59.51% of 1136 companies
in the Banks industry
Industry Median: 0.35 vs BK: 0.31

As of today (2024-10-31), the Dividend Yield % of Bank of New York Mellon is 2.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bank of New York Mellon was 4.06%. The lowest was 1.41%. And the median was 2.29%.

Bank of New York Mellon's Dividends per Share for the months ended in Jun. 2024 was $0.42.

During the past 12 months, Bank of New York Mellon's average Dividends Per Share Growth Rate was 13.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of New York Mellon was 26.40% per year. The lowest was -27.50% per year. And the median was 8.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Bank of New York Mellon Dividend Payout Ratio Historical Data

The historical data trend for Bank of New York Mellon's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of New York Mellon Dividend Payout Ratio Chart

Bank of New York Mellon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.31 0.37 0.31

Bank of New York Mellon Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.33 0.33 0.28 0.31

Competitive Comparison of Bank of New York Mellon's Dividend Payout Ratio

For the Banks - Diversified subindustry, Bank of New York Mellon's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of New York Mellon's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of New York Mellon's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Dividend Payout Ratio falls into.



Bank of New York Mellon Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Bank of New York Mellon's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.58/ 5.05
=0.31

Bank of New York Mellon's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.42/ 1.51
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of New York Mellon (NYSE:BK) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Bank of New York Mellon Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Bank of New York Mellon's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of New York Mellon Business Description

Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with $47.8 trillion in under custody or administration (as of Dec. 31, 2023), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $2.0 trillion in assets.
Executives
Hanneke Smits officer: Sr. Exec. Vice President 160 QUEEN VICTORIA STREET, THE BANK OF NEW YORK MELLON CENTRE, LONDON X0 EC4V 4LA
Senthilkumar Santhanakrishnan officer: Senior Exec VP 240 GREENWICH STREET, NEW YORK NY 10286
Kurtis R. Kurimsky officer: Acting Controller 225 LIBERTY STREET, NEW YORK NY 10286
J Kevin Mccarthy director, officer: SEVP & General Counsel THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Catherine Keating officer: Sr. Exec. Vice President 75 STATE ST, BOSTON MA 02109
Jayee Koffey officer: Sr. Exec. Vice President 240 GREENWICH STREET, NEW YORK NY 10286
Dermot Mcdonogh officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286
Thomas P Gibbons officer: Sr. Executive Vice President THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Sandie O'connor director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
La Salla Francis J. officer: Sr. Executive Vice President 101 BARCLAY STREET, NEW YORK NY 10286
Jeffrey D Landau officer: Sr. Exec Vice President 200 PARK AVENUE, NEW YORK NY 10166
Marguerite Amy Gilliland director 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Kumara Guru Gowrappan director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robin A. Vince officer: Vice Chair 240 GREENWICH STREET, `, NEW YORK NY 10286
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194