Bank of America Dividends and Buybacks
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 27th June, 2025 with an ex-dividend date of 6th June, 2025.
Key information
2.3%
Dividend yield
4.5%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 16.0% |
| Next dividend pay date | 27 Jun 25 |
| Ex dividend date | 06 Jun 25 |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Bank of America As A High-Yielding Income Idea
Jun 01Bank of America: I Was Wrong (Rating Downgrade)
Apr 21Shareholders May Be More Conservative With Bank of America Corporation's (NYSE:BAC) CEO Compensation For Now
Apr 16
Wall Street Lunch: Banks Liking These Market Swings
Apr 15Bank Of America: Weak Stock Performance As A Warning
Mar 25Bank of America: Share Price Pressure Is Good News For Long-Term Shareholders
Feb 27
Narrative update from Stjepan Kalinic
Bank of America (BofA) exceeded Q4 2024 expectations by reporting net interest income (NII) of $14.5 billion, surpassing estimates by $170 million. Higher interest rates and an increase in commercialBank of America: Pay Attention To What Buffett Does Next
Feb 04
Narrative update from Richard Bowman
BofA Ends 2024 with a Solid Performance Across all Segments. Bank of America performed very well across the board in the Q4 2024 with solid improvements in net interest income and non-interest incomeBank of America: NII Growth Poised To Accelerate
Jan 27Bank of America: I Was Wrong About Interest Rates (Rating Upgrade)
Jan 19Bank Of America: 6% Yield On Preferred Shares, Still Interesting Despite Low Mark-Up
Jan 11Bank of America: My Best Bank Idea For 2025
Jan 02Bank of America: Buy Now For Increased Dividends
Dec 11Narrative update from Richard Bowman
Business units are performing well, but the bank’s low yielding assets are constraining its ability to increase net interest income.Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)
Nov 10Narrative update from Stjepan Kalinic
BofA reduced its unrealized losses on debt securities from $114.8 billion in Q2 to $89.4 billion in Q3. This improvement comes from the recent rate cuts, which positively impacted the bank's asset valBank of America: We May Have Already Seen The Top
Oct 27Stability 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) | 2.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (BAC) (up to 3 years) | 2.9% |
Notable Dividend: BAC's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: BAC's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), 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 (28.9% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/12 03:48 |
| End of Day Share Price | 2025/06/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bank of America Corporation is covered by 62 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Jason Goldberg | Barclays |