BK Stock Recent News
BK LATEST HEADLINES
After avoiding banks for years following the 2008 crisis, I have been seeking diversification in the sector through low-volatility dividend payers. Screening asset managers and custody banks for strong dividend track records, revenue growth, and profitability, only BNY Mellon met criteria. Despite some indications of overvaluation, I rate BNY Mellon a Buy for its stability, shareholder-friendly policies, and strategic growth initiatives.
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?
Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors need to pay close attention to The Bank of New York (BK) stock based on the movements in the options market lately.
Investors interested in Alternative Energy - Other stocks are likely familiar with World Kinect (WKC) and Bloom Energy (BE). But which of these two stocks offers value investors a better bang for their buck right now?
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?
Six new dividend increases, including Lowe's with a 4.5% increase, extending its 62-year streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Data sourced from U.S. Dividend Champions and NASDAQ, companies must have at least 5 years of dividend growth history.
Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Bank of New York Mellon's latest Q2 earnings shows growth across all segments. The dividend was recently increased by 12%. BK has averaged a double-digit growth rate over the last decade, making it a potential income play. A dividend discount calculation shows a potential 12.7% upside with estimated fair price of $73.33 per share. This is assuming that the business is able to grow earnings at 6%.
Bank of New York Mellon Corp.'s stock was downgraded to neutral from buy on Monday by Citigroup analyst Keith Horowitz despite the bank's strong second-quarter earnings, with Horowitz citing its current market valuation.