Is BNY Mellon High Yield stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, BNY Mellon High Yield pays dividends. Last time was Wednesday 6th of November 2024 where the investors holding the stock on Friday 1st of November 2024 were paid $0.29475 per share. Over the last 54 times between 2020 and 2024, BNY Mellon High Yield has paid $16.39521 with an average of $0.3 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for BNY Mellon High Yield 10 years ago, but if you had invested on Friday 24th of April 2020 when the price was $50.04, you would have made a loss of $-1.750 per share or -3.50%
Yes, the average daily trading liquidity for BNY Mellon High Yield is $28 203 thousand. You should therefore be able to get in and out of your positions relatively fast.
BNY Mellon High Yield has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for BNY Mellon High Yield to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.