Bank of America Dividend
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
34%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CHF 1.040 |
| Earnings per share | CHF 2.94 |
| Dividend yield forecast | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAC's dividends per share have been stable in the past 10 years.
Growing Dividend: BAC'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 (BAC) | 2.6% |
| Market Bottom 25% (CH) | 1.9% |
| Market Top 25% (CH) | 4.3% |
| Industry Average (Banks) | 3.9% |
| Analyst forecast (BAC) (up to 3 years) | 3.0% |
Notable Dividend: BAC's dividend (2.64%) is higher than the bottom 25% of dividend payers in the Swiss market (1.85%).
High Dividend: BAC's dividend (2.64%) is low compared to the top 25% of dividend payers in the Swiss market (4.31%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), BAC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAC's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).