SmarterDividends
BNY

The Bank of New York Mellon Corporation

BNY

Financial Services · Banks - Diversified · Stock · quarterly payer

$145.27

Fairly valued · -8% Add to Portfolio

Forward Yield

1.53%

Annual Dividend

$2.22

Payout Ratio

25%

5-Yr Growth

10.0%

Ex-Date

Oct 26, 2026

Frequency

Quarterly

Key facts about BNY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, The Bank of New York Mellon Corporation (BNY) has a forward dividend yield of 1.53%, based on an annual dividend of $2.22 per share and a share price of $145.27.
  • As of Oct 24, 2026, BNY's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, The Bank of New York Mellon Corporation (BNY) has raised its dividend for 15 consecutive years as of Oct 24, 2026.
  • BNY last cut its regular dividend in 2009.
  • BNY's next ex-dividend date is Oct 26, 2026, with payment on Nov 9, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 24, 2026, BNY pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
  • BNY's dividend has grown at an average rate of 10.0% a year over the past five years.
  • As of Oct 24, 2026, BNY's 1.53% yield is 45% below its five-year average yield of 2.77%.
  • As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for BNY is $133.90 per share, 8% below the $145.27 share price, so BNY screens as fairly valued.
  • The Bank of New York Mellon Corporation (BNY) pays its dividend quarterly, 4 times a year.
  • The Bank of New York Mellon Corporation (BNY) has raised its regular dividend 31 times and cut it 2 times across the 159 payments on record since 1987. Its most recent change was a 18.9% increase to $0.630 per share, going ex-dividend on Jul 27, 2026. The last cut went ex-dividend on Apr 29, 2009.
  • Bank of New York Mellon (BNY) has declared its first higher dividend of the year in July in 5 of the last 5 years; its most recent raise, 18.9%, was declared on Jul 15, 2026.
Cite this page

SmarterDividends, "BNY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/BNY

Summary

As of Oct 24, 2026, The Bank of New York Mellon Corporation (BNY) yields 1.53% ($2.22 a year per share), has a dividend safety grade of C (59/100) and has 15 consecutive years of dividend increases on record.

Is BNY a good dividend stock?

Yes, with caveats

The Bank of New York Mellon Corporation (BNY) pays a quarterly dividend yielding 1.53% ($2.22/yr), with 15 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 15 consecutive years of dividend growth
  • Comfortable payout ratio (25%)
  • Strong 10.0% 5-yr dividend growth
  • 165% total price return over 5 years

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
1.53%
Payout Ratio
25%
Annual Dividend
$2.22
5-Yr Avg Growth
10.0%
Ex-Dividend Date
Oct 26, 2026
Years of Growth
15
Frequency
quarterly
Beta
1.05
Market Cap
$98.6B
P/E Ratio
16.1
5-Yr Total Return
165%
52-Week Range
$105.42 – $165.84
Dividend Safety
C · 59/100
Ever Cut?
Yes (2009)

BNY dividend raises and cuts

The Bank of New York Mellon Corporation (BNY) has raised its regular dividend 31 times and cut it 2 times across the 159 payments on record since 1987. Its most recent change was a 18.9% increase to $0.630 per share, going ex-dividend on Jul 27, 2026. The last cut went ex-dividend on Apr 29, 2009.

Ex-dateChangeOld → newMove
Jul 27, 2026Raise$0.530 → $0.630+18.9%
Jul 25, 2025Raise$0.470 → $0.530+12.8%
Jul 22, 2024Raise$0.420 → $0.470+11.9%
Jul 27, 2023Raise$0.370 → $0.420+13.5%
Jul 22, 2022Raise$0.340 → $0.370+8.8%
Jul 26, 2021Raise$0.310 → $0.340+9.7%
Jul 26, 2019Raise$0.280 → $0.310+10.7%
Jul 30, 2018Raise$0.240 → $0.280+16.7%
Jul 28, 2017Raise$0.190 → $0.240+26.3%
Jul 29, 2016Raise$0.170 → $0.190+11.8%
Apr 23, 2014Raise$0.150 → $0.170+13.3%
Apr 25, 2013Raise$0.130 → $0.150+15.4%
Show all 33 changes since 1988
Ex-dateChangeOld → newMove
Apr 27, 2011Raise$0.0900 → $0.130+44.4%
Apr 29, 2009Cut$0.240 → $0.0900−62.5%
Jul 23, 2007Raise$0.233 → $0.240+2.9%
Jul 24, 2006Raise$0.223 → $0.233+4.8%
Jul 22, 2005Raise$0.212 → $0.223+5.0%
Apr 22, 2004Raise$0.201 → $0.212+5.3%
Jan 16, 2002Raise$0.191 → $0.201+5.6%
Oct 18, 2000Raise$0.170 → $0.191+12.5%
Oct 20, 1999Raise$0.148 → $0.170+14.3%
Jul 22, 1998Raise$0.138 → $0.148+7.7%
Oct 22, 1997Raise$0.127 → $0.138+8.3%
Jan 22, 1997Raise$0.117 → $0.127+9.1%
Jul 17, 1996Raise$0.106 → $0.117+10.0%
Jan 17, 1996Raise$0.0954 → $0.106+11.1%
Jul 19, 1995Raise$0.0848 → $0.0954+12.5%
Oct 17, 1994Raise$0.0729 → $0.0848+16.4%
Apr 18, 1994Raise$0.0596 → $0.0729+22.2%
Jul 19, 1993Raise$0.0504 → $0.0596+18.4%
Apr 15, 1991Cut$0.0702 → $0.0504−28.3%
Oct 16, 1989Raise$0.0636 → $0.0702+10.4%
Oct 17, 1988Raise$0.0596 → $0.0636+6.7%
Every BNY payment →Download every raise and cut (CSV)
BNY ex-dividend date & scheduleNext ex-date Oct 26, 2026 · full ex-dividend historyView →BNY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BNY a good dividend stock?

Yes, with caveats. The Bank of New York Mellon Corporation (BNY) pays a quarterly dividend yielding 1.53% ($2.22/yr), with 15 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is BNY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BNY's fair value is about $133.90 versus a $145.27 share price — so it looks fairly valued (-8% vs. fair value).

Is BNY's dividend safe?

BNY has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is BNY's fair value?

Our blended fair-value estimate for BNY is about $133.90 per share, about 8% below the current $145.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BNY a buy, hold, or sell?

We don't issue formal ratings, but on the data BNY screens as "yes, with caveats" and fairly valued. The Bank of New York Mellon Corporation (BNY) pays a quarterly dividend yielding 1.53% ($2.22/yr), with 15 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will BNY cut its dividend?

BNY earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BNY pay a dividend?

Yes. The Bank of New York Mellon Corporation pays a quarterly dividend of about $2.22 per share annually, a forward yield of roughly 1.53%.

What is BNY's dividend yield?

As of Oct 24, 2026, BNY's forward dividend yield is 1.53%, based on a $2.22 annual dividend and a $145.27 share price.

What is BNY's dividend per share?

As of Oct 24, 2026, BNY pays $2.22 per share per year, distributed on a quarterly basis.

What is BNY's dividend payout ratio?

As of Oct 24, 2026, BNY's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BNY grown its dividend?

As of Oct 24, 2026, BNY has increased its dividend for 15 consecutive years.

When is the next BNY ex-dividend date?

As of Oct 24, 2026, the next ex-dividend date on record for BNY is Oct 26, 2026.

BNY Dividend News

BNY
IncreaseBNY·Aug 24, 2026

BNY Raises Quarterly Dividend 18.9% to $0.63

BNY raised its quarterly dividend 18.9% to $0.63 as stronger earnings and a minimum stress-capital buffer supported the 15th straight annual increase.

Income Calculator

At $2.22 / yr per share

Per payment (quarterly)$55.50
Annual$222.00
Monthly avg$18.50

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