Featured MNV Articles:
|Bullish Two Hundred Day Moving Average Cross - BK
Friday, November 1, 11:01 AM ET, by Market News Video Staff
In trading on Friday, shares of Bank of New York Mellon Corp (BK) crossed above ...
Interesting BK Put And Call Options For January 2020
Thursday, November 21, 10:46 AM ET, by Market News Video Staff
Investors in Bank of New York Mellon Corp (BK) saw new options become available today, ...
Bank of New York Mellon Corp's Series C Noncumulative Perpetual Preferred Stock About To Put More Money In Your Pocket
Monday, December 2, 1:43 PM ET, by Market News Video Staff
On 12/4/19, Bank of New York Mellon Corp's Series C Noncumulative Perpetual Preferred Stock (BK.PRC) ...
BK Crosses Above Average Analyst Target
Friday, December 13, 8:17 AM ET, by Market News Video Staff
In recent trading, shares of Bank of New York Mellon Corp (BK) have crossed above ...
Bank of New York Mellon's Series C Preferred Stock Shares Cross 5% Yield Mark
Wednesday, December 18, 2:10 PM ET, by Market News Video Staff
In trading on Wednesday, shares of Bank of New York Mellon Corp's Series C Noncumulative ...
BK Crosses Above 3% Yield Territory
By Dividend Channel Staff, Tuesday, February 25, 3:29 PM ET
In trading on Tuesday, shares of Bank of New York Mellon Corp (NYSE:BK) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.24), with the stock changing hands as low as $41.33 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1999 — you would have paid $146.88 per share. Fast forward to 12/31/2012 and each share was worth $142.41 on that date, a decrease of $4.67/share over all those years. But now consider that you collected a whopping $25.98 per share in dividends over the same period, for a positive total return of 23.36%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Bank of New York Mellon Corp (NYSE:BK) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Bank of New York Mellon Corp, looking at the history chart for BK below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
This Article's Word Cloud: