Bank of America Dividends and Buybacks
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.24% that is well covered by earnings. Next payment date is on 6th January, 2025 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 | 9.4% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 06 Dec 24 |
| Dividend per share | €1.431 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NCB0's dividends per share have been stable in the past 10 years.
Growing Dividend: NCB0'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 (NCB0) | 2.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.3% |
| Analyst forecast (NCB0) (up to 3 years) | 2.5% |
Notable Dividend: NCB0's dividend (2.24%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: NCB0's dividend (2.24%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), NCB0's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NCB0's dividends in 3 years are forecast to be well covered by earnings (33.3% payout ratio).