Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on The Bank of New York Mellon Corporation (NYSE:BK) due to its excellent fundamentals in more than one area. BK is a financially-sound company with a great track record superior dividend payments, trading at a great value. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Bank of New York Mellon here.
Average dividend payer and fair value
BK's shares are now trading at a price below its true value based on its PE ratio of 11.53x, compared to the industry and wider stock market ratio, which means it is relatively cheaper than its peers.
For those seeking income streams from their portfolio, BK is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.8%.
For Bank of New York Mellon, there are three fundamental aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for BK’s future growth? Take a look at our free research report of analyst consensus for BK’s outlook.
- Historical Performance: What has BK's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BK? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.