The Bank of New York Mellon Cor
BNYFinancial Services · Stock · quarterly payer
Forward Yield
1.41%
Annual Dividend
$2.22
Payout Ratio
26%
5-Yr Growth
10.0%
Ex-Date
Jul 27, 2026
Frequency
Quarterly
Summary
As of July 2026, The Bank of New York Mellon Cor (BNY) yields 1.41% ($2.22 per share annually), with a blended fair-value estimate of $360.65 — +130% upside, so it screens as undervalued. Dividend safety grade: A (83/100). 15 years of dividend growth.
Is BNY a good dividend stock?
YesThe Bank of New York Mellon Cor (BNY) pays a quarterly dividend yielding 1.41% ($2.22/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
- 185% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 1.41%
- Payout Ratio
- 26%
- Annual Dividend
- $2.22
- 5-Yr Avg Growth
- 10.0%
- Ex-Dividend Date
- Jul 27, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 1.06
- Market Cap
- $107.7B
- P/E Ratio
- 19.5
- 5-Yr Total Return
- 185%
- 52-Week Range
- $98.01 – $163.77
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
BNY Price — Last 12 Months
Daily close
Price Return
1 Year
+49%
3 Years
+250%
5 Years
+185%
52-Week Range
$98.01 – $163.77
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BNY worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Bank of New York Mellon Cor is $360.65 per share, versus a market price of $157.13. That implies 130% of upside — a margin of safety of about 56%.
Fair Value
$360.65
Current Price
$157.13
Upside
+130%
Margin of Safety
56%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 11.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.6% discount rate (CAPM), 11.0% stage-1 growth, 2.5% terminal growth, $8.06 EPS, $2.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BNY 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 $2.22 / yr per share
