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The Bank of New York Mellon Corp. (ISIN: US0640581007, NYSE: BK) will pay a quarterly dividend of 34 US cents to its shareholders on August 9, 2021. The record date is July 27, 2021. The group is thus increasing the dividend by almost 10 percent compared to the previous quarter (31 US cents).
Extrapolated to the year, 1.36 US dollars will be paid out. This corresponds to a current dividend yield of 2.79 percent at the current share price of $ 48.68 (as of July 15, 2021).
In the second quarter of 2021, the bank achieved a profit of 991 million US dollars (previous year: 901 million US dollars), as was also reported on July 15. Revenue was $ 3.96 billion compared to $ 4.01 billion a year ago.
The Bank of New York was founded by Alexander Hamilton in 1784 and merged with Mellon Financial Corporation in 2007. Since then, the group has operated under the name The Bank of New York Mellon Corporation. It employs over 50,000 people.
Since the beginning of 2021, the share on Wall Street has been up 14.70 percent with a market capitalization of currently 43.22 billion US dollars (as of July 15, 2021).
Editors MyDividends.de
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