NEW YORK ( TheStreet) -- The ex-dividend date for Bank of New York Mellon (NYSE: BK) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $23.43 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Bank of New York Mellon has been eight million shares per day over the past 30 days. Bank of New York Mellon has a market cap of $27.25 billion and is part of the financial sector and financial services industry. Shares are up 16.7% year to date as of the close of trading on Tuesday. The Bank of New York Mellon Corporation, a financial services company, provides various products and services worldwide. The company offers a range of equity, fixed income, cash, and alternative/overlay products, as well as distributes investment management products. The company has a P/E ratio of 11.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter