Bank of New York Mellon Corp
BKFinancial Services · Stock · quarterly payer
Forward Yield
1.53%
Annual Dividend
$2.12
Payout Ratio
26%
5-Yr Growth
10.0%
Ex-Date
Apr 27, 2026
Frequency
Quarterly
Summary
As of July 2026, Bank of New York Mellon Corp (BK) yields 1.53% ($2.12 per share annually), with a blended fair-value estimate of $274.18 — +100% upside, so it screens as undervalued. Dividend safety grade: A (81/100). 15 years of dividend growth.
Is BK a good dividend stock?
YesBank of New York Mellon Corp (BK) pays a quarterly dividend yielding 1.53% ($2.12/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Comfortable payout ratio (26%)
- Strong 10.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 1.53%
- Payout Ratio
- 26%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 10.0%
- Ex-Dividend Date
- Apr 27, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 1.07
- Market Cap
- $94.1B
- P/E Ratio
- 17.0
- 5-Yr Total Return
- —
- 52-Week Range
- $87.41 – $141.65
- Dividend Safety
- A · 81/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
BK Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$87.41 – $141.65
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BK worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bank of New York Mellon Corp is $274.18 per share, versus a market price of $137.16. That implies 100% of upside — a margin of safety of about 50%.
Fair Value
$274.18
Current Price
$137.16
Upside
+100%
Margin of Safety
50%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 9.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.6% discount rate (CAPM), 9.8% stage-1 growth, 2.5% terminal growth, $8.06 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BK Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 27, 2026 | — | $0.5300 | regular |
| Jan 23, 2026 | — | $0.5300 | regular |
| Oct 27, 2025 | — | $0.5300 | regular |
| Jul 25, 2025 | — | $0.5300 | regular |
| Apr 21, 2025 | — | $0.4700 | regular |
| Jan 27, 2025 | — | $0.4700 | regular |
| Oct 21, 2024 | — | $0.4700 | regular |
| Jul 22, 2024 | — | $0.4700 | regular |
| Apr 25, 2024 | — | $0.4200 | regular |
| Jan 19, 2024 | — | $0.4200 | regular |
| Oct 26, 2023 | — | $0.4200 | regular |
| Jul 27, 2023 | — | $0.4200 | regular |
| Apr 27, 2023 | — | $0.3700 | regular |
| Jan 20, 2023 | — | $0.3700 | regular |
Income Calculator
At $2.12 / yr per share
