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BAC Bank Of America Corp Dividend

Bank Of America's latest quarterly dividend was on Sep 2, 2021 (ex-date) with a payout of $0.21 per share. On an annualized basis, the company has a current payout of $0.75 per share. This brings the dividend yield to 1.58% based on its recent close price. The latest dividend has an increase of $0.03, or 17% from the prior distribution.

BAC next dividend date: Dec 2, 2021

BAC
DPS
$0.75
Dividend yield
1.58%
Payout ratio
24.9%
Financial Services sector
Dividend yield
2.34%
Payout ratio
32.5%

Dividend yield

Bank Of America's dividend yield of 1.58% is below the Financial Services sector, the industry and its peers average.

Dividend history

Bank Of America has been paying dividends since 1995. BAC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 4.2% since twelve months ago. But with the price of the stock up by 91% from a year ago, the dividend yield has a decrease of 45%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jul 21, 2021 Sep 2, 2021 Sep 24, 2021 $0.21 normal
Apr 22, 2021 Jun 3, 2021 Jun 25, 2021 $0.18 normal
Jan 19, 2021 Mar 4, 2021 Mar 26, 2021 $0.18 normal
Oct 21, 2020 Dec 3, 2020 Dec 24, 2020 $0.18 normal
Jul 22, 2020 Sep 3, 2020 Sep 25, 2020 $0.18 normal
Apr 22, 2020 Jun 4, 2020 Jun 26, 2020 $0.18 normal
Jan 29, 2020 Mar 5, 2020 Mar 27, 2020 $0.18 normal
Oct 22, 2019 Dec 5, 2019 Dec 27, 2019 $0.18 normal
Jul 25, 2019 Sep 5, 2019 Sep 27, 2019 $0.18 normal
Apr 24, 2019 Jun 6, 2019 Jun 28, 2019 $0.15 normal
Jan 30, 2019 Feb 28, 2019 Mar 29, 2019 $0.15 normal
Oct 24, 2018 Dec 6, 2018 Dec 28, 2018 $0.15 normal
Jul 26, 2018 Sep 6, 2018 Sep 28, 2018 $0.15 normal
Apr 25, 2018 May 31, 2018 Jun 29, 2018 $0.12 normal
Jan 31, 2018 Mar 1, 2018 Mar 30, 2018 $0.12 normal
Oct 25, 2017 Nov 30, 2017 Dec 29, 2017 $0.12 normal
Jul 26, 2017 Aug 30, 2017 Sep 29, 2017 $0.12 normal
May 31, 2017 Jun 30, 2017 $0.075 normal
Jan 26, 2017 Mar 1, 2017 Mar 31, 2017 $0.075 normal
Oct 27, 2016 Nov 30, 2016 Dec 30, 2016 $0.075 normal
Jul 28, 2016 Aug 31, 2016 Sep 23, 2016 $0.075 normal
Apr 28, 2016 Jun 1, 2016 Jun 24, 2016 $0.05 normal
Jan 21, 2016 Mar 2, 2016 Mar 25, 2016 $0.05 normal
Oct 22, 2015 Dec 2, 2015 Dec 24, 2015 $0.05 normal
Jul 23, 2015 Sep 2, 2015 Sep 25, 2015 $0.05 normal
Apr 16, 2015 Jun 3, 2015 Jun 26, 2015 $0.05 normal

Dividend payouts

Payout ratio

Bank Of America's payout ratio of 24.9% is above the industry average but below the Financial Services sector and its peers average.

Total amount of dividends paid per year (from cash flow)