Previous close | 51.49 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | N/A |
Market cap | 496.818M |
Beta (5Y monthly) | 1.08 |
PE ratio (TTM) | 0.13 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes? Let's find out.
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A recession will almost certainly increase credit losses, which will be a negative for the banks. In this sort of environment, banks that focus on fee income will have an easier time. Bank of New York Mellon (NYSE: BK) has an unusual business model that might make sense in this environment.