Just wanted some honest thoughts on this, hopefully from the people that already own BNYM.
The dividend yield is 3.21%. The company is, as far as I can see, sitting on good foundations.
However, in this case, the other side of the story could be that we could be expecting a huge fluctuation in the capital of large banks, especially the ones that are specialized in custodian banking due to rising interest rates. Is BNYM a company that could provide stability of the dividend (and the stock price) or should I stay away from this investment for the time being?
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