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BK (Bank of New York Mellon) 5-Year Yield-on-Cost % : 3.48 (As of Oct. 31, 2024)


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What is Bank of New York Mellon 5-Year Yield-on-Cost %?

Bank of New York Mellon's yield on cost for the quarter that ended in Jun. 2024 was 3.48.


The historical rank and industry rank for Bank of New York Mellon's 5-Year Yield-on-Cost % or its related term are showing as below:

BK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.07   Med: 3.36   Max: 5.97
Current: 3.48


During the past 13 years, Bank of New York Mellon's highest Yield on Cost was 5.97. The lowest was 2.07. And the median was 3.36.


BK's 5-Year Yield-on-Cost % is ranked worse than
69.71% of 1238 companies
in the Banks industry
Industry Median: 4.765 vs BK: 3.48

Competitive Comparison of Bank of New York Mellon's 5-Year Yield-on-Cost %

For the Banks - Diversified subindustry, Bank of New York Mellon's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of New York Mellon's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's 5-Year Yield-on-Cost % falls into.



Bank of New York Mellon 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Bank of New York Mellon is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Bank of New York Mellon  (NYSE:BK) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Bank of New York Mellon 5-Year Yield-on-Cost % Related Terms

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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