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The Bank of New York Mellon Corp. (ISIN: US0640581007, NYSE: BK) will pay a quarterly dividend of 37 cents to its shareholders on August 5, 2022. The record date is July 25, 2022. Compared to the previous quarter (34 US cents), this is an increase of almost 9 percent.
Extrapolated for the year, 1.48 US dollars are paid out. This equates to a current dividend yield of 3.41 percent at the current share price of $43.41 (as of July 15, 2022).
In the second quarter (June 30) of fiscal 2022, the bank made a profit of $835 million (prior year: $991 million), as also reported on July 15. Revenue was $4.25 billion compared to $3.96 billion a year earlier.
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. Over 50,000 people are employed.
Since the beginning of 2022, the share price on Wall Street is down 25.26 percent and the market capitalization is currently USD 35.07 billion (as of July 15, 2022).
Editorial team MyDividends.de
Leverage must be between 2 and 20
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