A Historic Bank With Excellent Growth

But is the dividend safe? [Shield] AN OXFORD CLUB PUBLICATION [Wealthy Retirement]( [View in browser]( SPONSORED [Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024.]( [The Crypto Market - Halving]( The same catalyst the kicked off the three major crypto bull markets... is about to hit again on April 22, 2024. [Here's what you need to do now to profit.]( [SAFETY NET]( [Can Investors Rely on BNY Mellon's Dividend?]( [Marc Lichtenfeld, Chief Income Strategist, The Oxford Club]( [Marc Lichtenfeld]( Saying that Bank of New York Mellon (NYSE: BK) has a rich history is like saying the Broadway show Hamilton did OK at the box office. It's a massive understatement. The 240-year-old bank was actually founded by Alexander Hamilton - you know, the secretary of the Treasury who became the unlikely subject of a smash hit musical. (Who knows? Perhaps years from now, we'll all be tapping our toes to the catchy tunes from Yellen.) BNY Mellon is enormous, overseeing nearly $50 trillion in clients' assets, which is equal to just under half of the global GDP. So the company is big, it's well established and it pays a regular dividend, which currently yields around 3%. But can investors expect to keep receiving their dividends? The metric we use to analyze banks' dividends is net interest income (NII). This is the money that banks make from lending. They do collect fee income as well, but net interest income is the best way to decipher whether management is on the ball when it comes to lending practices. After a slight stumble during the pandemic, BNY Mellon's NII has been steadily growing and is expected to surge 27% in 2024, following 24% growth last year and 34% growth the year before. [Chart: NII Has Been Surging Since the Pandemic]( [View larger image]( SPONSORED [Putin's boneheaded mistake could make Americans INCREDIBLY RICH!]( [Putin Infuriated]( Source: [Wikimedia Commons]( The mainstream media isn't talking about this, but Americans who catch on early to this mistake made by Vladimir Putin... could become wealthy. This will be sure to infuriate him! [ Click Here to See How]( Meanwhile, the company paid out $1.26 billion in dividends in 2023 for a payout ratio of just 29%. This year, the total amount paid in dividends is expected to rise to over $1.3 billion, but with NII projected to surge, the payout ratio is forecast to drop to just 24%. BNY Mellon's dividend has been higher every year since 2013 - although the company hasn't technically raised the dividend every year in that span. Twice in the past decade, the company boosted the dividend in the middle of the year and didn't raise it again until two years later. However, the total dividend per share continued to rise each year. Here's an example from 2019 to 2021 to show you what I mean. [Chart: ]( [View larger image]( I know how I feel about that... but I want to hear from you. Does it concern you that BNY Mellon hasn't always raised its dividend every year? Do you still feel like you can trust the dividend? Click the button below to share your thoughts on the next page, and then scroll up to finish reading and get my grade. [Share Your Thoughts and Finish Reading]( [2024 Private Wealth Seminar at the Wequassett Resort & Golf Club in Harwich, Massachusetts on October 7-8, 2024]( BUILD AND PROTECT YOUR WEALTH [Get Marc's Top 5 Dividend Stocks (FREE PICKS)]( [How "Whale Trades" Delivered +154% Overnight]( [Expert Predicts Gold, Oil, Copper About to Soar Higher... Discover Why We're in a New Commodities Supercycle Right Here.]( [The Dividend with the Greatest Returns]( MORE FROM WEALTHY RETIREMENT [Article]( [Can Investors Rely on BNY Mellon's Dividend?]( [Article]( [Is This the End of the Big Tech Rally?]( [Article]( [A Brief History of the Markets]( [Article]( [Is Pfizer a "Buy" After Crashing Back to Earth?]( [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0ACan you rely on this historic bank%27s dividend?%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Wealthy%20Retirement...&body=From%20Wealthy%20Retirement:%0D%0A%0D%0ACan you rely on this historic bank%27s dividend?%0D%0A%0D [Push Alert]( [Push Alert]( SPONSORED [💫 Uncover the Secret of the Supercycle! 💫]( Did you know commodities soared by over 500% during the last two supercycles... While stocks returned nothing? Learn from the past and prepare for the future with Marc Lichtenfeld at the [Commodities Supercycle Summit](. [Click Here Now]( [The Oxford Club]( You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Wealthy Retirement]( | [Unsubscribe]( © 2024 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [877.808.9795](#) | International: [+1.443.353.4621](#) [Oxfordclub.com]( Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.