Bank of America Dividend
Dividend criteria checks 4/6
Bank of America is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
32%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.99 |
Dividend yield forecast in 3Y | 3.2% |
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 |
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Segment | Dividend Yield |
---|---|
Company (BAC) | 2.4% |
Market Bottom 25% (PE) | 4.4% |
Market Top 25% (PE) | 14.4% |
Industry Average (Banks) | 6.9% |
Analyst forecast in 3 Years (BAC) | 3.2% |
Notable Dividend: BAC's dividend (2.41%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (4.37%).
High Dividend: BAC's dividend (2.41%) is low compared to the top 25% of dividend payers in the PE market (14.42%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), 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 (32.3% payout ratio).