The Bank of New York Mellon Corp. (NYSE)
- By date
- Metadoro first
BK stocks
are trading 35% off their peak prices and are now emerged on long-term
investors’ radar screens. BNY Mellon is a multinational banking investment
company that offers asset management services and investment services in 35
countries. It is also the largest custodian in the world with $43 trillion
under custody and more than $1.9 trillion under management. A large number of
clients and a vast amount of assets allow BK to maintain low commissions that are attractive
to clients.
The current
dividend yield is at 3.8%, the largest figure in a decade. This mean that if share
prices decline even more, it may make investments in the company more
attractive to investors. Wall Street analysts expect BK shares to rise to $49.
That would mean a 30% of profit, including dividends.
The Bank of New York Mellon Corp. (NYSE)
| Ticker | BK |
| Contract value | 100 shares |
| Maximum leverage | 1:5 |
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 0.01 lot |
| Maximum transaction volume | 100 lots |
| Hedging margin | 50% |
