Bank of America Dividends and Buybacks
Dividend criteria checks 5/6
Bank of America is a dividend paying company with a current yield of 2.18% 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
2.8%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| 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 | US$1.040 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12
Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26
Jul 28Recent updates
Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)
Nov 10Bank of America: We May Have Already Seen The Top
Oct 27Bank of America Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Oct 17Bank of America Q3 Earnings: Net Interest Income Finally Rose
Oct 16Buffett Selling Bank Of America Is A Warning
Oct 10Trimming Bank of America Is Good For Buffett, Not Us
Sep 23Bank of America: Triple Whammy Ahead
Sep 14Ten Reasons That Likely Motivated Buffett To Sell Bank Of America Stock
Sep 03Bank of America: Potential Net Interest Income Trough Strengthens Outlook
Aug 23Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26
Jul 28Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 18Bank of America: Impending Fed Pivot Creates Risk
Jul 17Bank of America: Let Your Winners Run
Jul 09Bank Of America: Swap A 5.6% Yield For A 6.1% Yield
Jun 15Upcoming Dividend Payment
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) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BAC) (up to 3 years) | 2.5% |
Notable Dividend: BAC's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: BAC's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), 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 (31% payout ratio).