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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 November 12, 2021, as reported on Tuesday. Record date is November 1st, 2021.
Extrapolated to the year, 1.36 US dollars will be paid out. This corresponds to a current dividend yield of 2.36 percent at the current share price of 57.65 US dollars (as of October 19, 2021).
In the third quarter of 2021, the bank achieved a profit of 881 million US dollars (previous year: 876 million US dollars), as was also reported on October 19. Revenue was $ 4.04 billion compared to $ 3.85 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 stock on Wall Street has been up 35.84 percent with a market capitalization of currently 49.55 billion US dollars (as of October 19, 2021).
Saskia Haaker, Redaktion MyDividends.de
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