Bank of America Stock

Bank of America Dividend 2024

Bank of America Dividend

0.92 USD

Bank of America Dividend yield

2.04 %

Ticker

BAC

ISIN

US0605051046

WKN

858388

How much dividend does Bank of America 2024 pay?

According to the latest status from December 2024, Bank of America paid a total of 0.92 USD per share in dividends within the last 12 months. With the current Bank of America price of 45.05 USD, this corresponds to a dividend yield of 2.04 %. A dividend is paid 4 times per year.

2.04 % Dividend Yield=
0.92 USD Dividend
45.05 USD Stock Price

Historical Bank of America Dividends

A dividend is paid 4 times per year. Last year, the payout months were January, April, July, October and December.

PaydateDividend
1/6/20250.26
10/6/20240.26
7/7/20240.24
3/29/20240.24
12/30/20230.24
10/1/20230.24
7/1/20230.22
4/2/20230.22
1/1/20230.22
10/1/20220.22
7/2/20220.21
4/3/20220.21
1/2/20220.21
10/2/20210.21
7/3/20210.18
4/4/20210.18
1/3/20210.18
10/3/20200.18
7/4/20200.18
4/5/20200.18
1
2
3
4
5
...
7

Bank of America dividend history and estimates

In 2023, Bank of America paid a dividend amounting to 0.92 USD. Dividend means that Bank of America distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Bank of America provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Bank of America’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Bank of America's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Bank of America Dividend History

DateBank of America Dividend
2029e0.98 undefined
2028e0.98 undefined
2027e0.98 undefined
2026e0.98 undefined
2025e0.98 undefined
2024e0.98 undefined
20230.92 undefined
20220.86 undefined
20210.78 undefined
20200.72 undefined
20190.66 undefined
20180.54 undefined
20170.39 undefined
20160.25 undefined
20150.2 undefined
20140.12 undefined
20130.04 undefined
20120.04 undefined
20110.04 undefined
20100.04 undefined
20090.04 undefined
20082.24 undefined
20072.4 undefined
20062.12 undefined
20051.9 undefined
20041.7 undefined

Is the Bank of America Dividend Safe?

Bank of America has been increasing the dividend for 10 years.

Over the past 10 years, Bank of America has increased it by an annual 36.827 %.

Over a five-year period, the distribution increased by 11.245%.

Analysts expect a Dividend Increase of 3.465% for the current fiscal year.

Bank of America dividend payout ratio

In 2023, Bank of America had a payout ratio of 29.1%. The payout ratio indicates the percentage of the company's profits that Bank of America distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Bank of America represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Bank of America could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Bank of America's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Bank of America Payout Ratio History

DateBank of America Payout ratio
2029e27.22 %
2028e27.25 %
2027e26.93 %
2026e27.47 %
2025e27.34 %
2024e25.97 %
202329.1 %
202226.96 %
202121.85 %
202038.5 %
201924 %
201820.69 %
201725.32 %
201617.12 %
201515.63 %
201428.57 %
20134.6 %
201216 %
2011400 %
2010-10.81 %
2009-13.79 %
2008414.81 %
200772.95 %
200646.19 %
200547.03 %
200446.7 %

Dividend Details

Understanding Bank of America's Dividend Distributions

Bank of America’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Bank of America's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Bank of America's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Bank of America’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Bank of America Aktienanalyse

What does Bank of America do?

Bank of America Corp is an American multinational bank holding company headquartered in Charlotte, North Carolina. It is one of the largest banks in the world and offers a wide range of financial services and products to individuals, businesses, and institutions. The history of Bank of America dates back to 1904 when it was founded as the Bank of Italy in San Francisco. In 1928, it became known as Bank of America and quickly began to expand. In the 1950s and 60s, it was one of the first banks to offer credit cards and eventually merged with numerous other banks both domestically and internationally. As a result, it now has a presence in nearly every country in the world. Bank of America's business model includes various segments, including retail banking, commercial banking, wealth management, and investment banking. In retail banking, it offers checking accounts, savings accounts, credit cards, mortgages, auto loans, and various other financial products for individual customers. In commercial banking, the bank provides financing solutions and services to small and medium-sized businesses, institutions, and government agencies. Bank of America's wealth and investment management division offers a wide range of advisory and asset management services to high-net-worth individuals and institutional clients. For example, the bank offers a wide selection of investment funds, asset management services, and consulting services. Bank of America is also a major player in investment banking, where it assists companies with mergers and acquisitions, capital raising, and the placement of bonds and stocks in global markets. Bank of America is a leading global investment bank and has completed numerous landmark deals in recent years. Overall, Bank of America offers a wide range of products and services through its various business segments and branches to meet the financial needs of its customers. The bank also offers online banking and mobile banking services and actively promotes social and environmental responsibility. In summary, Bank of America Corp is one of the largest banks in the world, offering a wide range of financial services and products to individual customers, businesses, and institutions. Its business model includes retail banking, commercial banking, wealth management, and investment banking. Bank of America is a key player in investment banking and has completed numerous landmark deals in recent years. Branches and online banking are integral parts of its offering. Bank of America is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Bank of America stock

How much dividend does Bank of America pay?

Over the past 12 months, Bank of America paid a dividend of 0.92 USD . This corresponds to a dividend yield of about 2.04 %. For the coming 12 months, Bank of America is expected to pay a dividend of 0.98 USD.

What is the dividend yield of Bank of America?

The current dividend yield of Bank of America is 2.04 %.

When does Bank of America pay dividends?

Bank of America pays a quarterly dividend. This is distributed in the months of March, July, October, January.

How secure is the dividend of Bank of America?

Bank of America paid dividends every year for the past 26 years.

What is the dividend of Bank of America?

For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 2.18 %.

In which sector is Bank of America located?

Bank of America is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Bank of America kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bank of America from 12/27/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.

When did Bank of America pay the last dividend?

The last dividend was paid out on 12/27/2024.

What was the dividend of Bank of America in the year 2023?

In the year 2023, Bank of America distributed 0.86 USD as dividends.

In which currency does Bank of America pay out the dividend?

The dividends of Bank of America are distributed in USD.

Andere Kennzahlen von Bank of America

Our stock analysis for Bank of America Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of America Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.