Bank of New York Mel Dividend yield




   USD/share 
 Price  49.63
 Dividend  1.36
 Earnings  4.51
 Cash-flow  3.52
 Book value  49.63
 Equity  49.56

Bank of New York Mel is part of Financial Services business, which is part of Financials industry. Bank of New York Mel is a company from USA, and his stocks are publicly traded.

Bank of New York Mel paid a total dividend of 1,093 million USD last year, for a market value of 39,903 millions (Market Cap 36,497 millions). Dividend per share of Bank of New York Mel is 1.36 USD, and his stock market price 49.63 USD.

According to the chart below, where dividend yield is displayed, Bank of New York Mel has a dividend yield of 2.74%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Bank of New York Mel dividend yield with other Financial Services companies or firms from USA.

Dividend yield of Bank of New York Mel

Bank of New York Mel Dividend Payout

About the ability of Bank of New York Mel to maintain his current dividend of USD 1.36 per share, an amount that accounts for 2.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bank of New York Mel payout on ernings is currently 30.16%, which is lower than the market average and companies of Financials industry, which are 38.25% and 41.38% respectively. Both figures lead us to believe that there is confidence that Bank of New York Melcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bank of New York Mel is USD 3.52 per share, which is higher than the dividend per share paid by the company of USD 1.36, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bank of New York Mel, compared againt world market average, USA companies, Financials industry and Financial Services sector companies.

Bank of New York Mel payout

Bank of New York Mel Dividend History

Year Yield  USD  Paypout  Shares* 
Present2.74%1.3630.16%804
20212.34%1.3631.85%826
20202.92%1.2425.15%885
20192.46%1.2427.62%922
20182.38%1.1232.84%989
20171.78%0.9627.27%1,024
20161.60%0.7625.00%1,077
20151.55%0.6827.31%1,107

*In millions

Bank of New York Mel Stock performance

Finally, last moth Bank of New York Mel showed a return of -6.60% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 4.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Financial Services firms.

Bank of New York Mel stock and market return