Bank of America Dividends and Buybacks
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.21% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
2.2%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 9.3% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | AR$1.040 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BA.C's dividends per share have been stable in the past 10 years.
Growing Dividend: BA.C's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of America Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BA.C) | 2.2% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 2.9% |
| Industry Average (Banks) | 4.3% |
| Analyst forecast (BA.C) (up to 3 years) | 2.5% |
Notable Dividend: BA.C's dividend (2.21%) is higher than the bottom 25% of dividend payers in the AR market (0.58%).
High Dividend: BA.C's dividend (2.21%) is low compared to the top 25% of dividend payers in the AR market (2.91%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), BA.C's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BA.C's dividends in 3 years are forecast to be well covered by earnings (31% payout ratio).