Bank of New York Mellon (NYSE: BK) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $32.15 as of 9:35 a.m. ET, the dividend yield is 1.9%. The average volume for Bank of New York Mellon has been 4.7 million shares per day over the past 30 days. Bank of New York Mellon has a market cap of $37.1 billion and is part of the financial services industry. Shares are down 8.3% year-to-date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. The company has a P/E ratio of 14.44. TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Bank of New York Mellon Ratings Report now.
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