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Bank of New York Mellon (Bank of New York Mellon) 3-Year Dividend Growth Rate

: 8.40% (As of Dec. 2023)
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Bank of New York Mellon's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Bank of New York Mellon's 3-Year Dividend Growth Rate or its related term are showing as below:

BKpC.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -27.5   Med: 8.25   Max: 26.4
Current: 8.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of New York Mellon was 26.40% per year. The lowest was -27.50% per year. And the median was 8.25% per year.

BKpC.PFD's 3-Year Dividend Growth Rate is ranked better than
72.4% of 866 companies
in the Asset Management industry
Industry Median: 1.7 vs BKpC.PFD: 8.40

During the past 12 months, Bank of New York Mellon's average Dividends Per Share Growth Rate was 11.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Bank of New York Mellon's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Bank of New York Mellon's Dividend Yield % is 5.20%.

Warning Sign:

Bank of New York Mellon Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Bank of New York Mellon's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Bank of New York Mellon's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's 3-Year Dividend Growth Rate falls into.



Bank of New York Mellon 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Bank of New York Mellon  (NYSE:BKpC.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Bank of New York Mellon's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Bank of New York Mellon was 0.37. The lowest was 0.23. And the median was 0.27.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

During the past 13 years, the highest Dividend Yield of Bank of New York Mellon was 5.20%. The lowest was 1.41%. And the median was 1.96%.

Warning Sign:

Bank of New York Mellon Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of New York Mellon 3-Year Dividend Growth Rate Related Terms>


Bank of New York Mellon (Bank of New York Mellon) Business Description

Traded in Other Exchanges
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 about $44.3 trillion in under custody and administration (as of Dec. 31, 2022), 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 $1.8 trillion in assets.