Bank of New York Mellon is a leading socially responsible dividend stock with a yield of 2.9% (BK)

BA New York bank Mellon Corp (Ticker: BK) has been named one of the best socially responsible dividend stocks by Dividend Channel, meaning a stock with above-average results. ”Dividend rank” statistics, including a high return of 2.9%, as well as being recognized by leading asset managers as being a socially responsible investment, thanks to the analysis of social and environmental criteria. Environmental criteria include considerations such as the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of energy and resource use. Social criteria include things like human rights, child labor, business diversity, and the business’s impact on society – for example, business activities related to weapons, gambling , tobacco and alcohol would be considered.

According to ETF Channel’s ETF Finder, Bank of New York Mellon Corp is a member of both the iShares MSCI USA ESG Select (SUSA) ETF, which accounts for 0.52% of the fund’s underlying holdings, as well as iShares MSCI KLD 400 Social Index Fund ETF (DSI), where BK represents 0.18% of the fund’s underlying holdings.

The annualized dividend paid by Bank of New York Mellon Corp is $1.36/share, currently paid in quarterly installments, and its most recent ex-dividend date was 04/27/2022. Below is a historical long-term dividend chart for BK, which the DividendRank report highlighted as being of key importance. Indeed, studying a company’s past dividend history can be a great help in judging whether the most recent dividend is likely to continue.

BK operates in the banking and savings sector, among companies such as JPMorgan Chase & Co (JPM) and Bank of America Corp (BAC).

Top 25 Socially Responsible Dividend Stocks – Income to Feel Good »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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