Bank of America (BAC) Dividends
Price: $42.155
Market Cap: $324.12B
Avg Volume: 38.69M
Market Cap: $324.12B
Avg Volume: 38.69M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
Dividend Overview
Bank of America (BAC) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $1.04
- Ex-Dividend Date: December 06, 2024
- Total Dividends Paid (Last Year): $9.09B
Dividend Metrics
- Dividend Yield: 3.36%
- Payout Ratio: 34.27%
- Dividend Growth (YoY): -5.96%
Dividend Yield
3.36%
Dividend Payout Ratio
34.27%
Dividend Paid & Capex Coverage Ratio
4.95x
Bank of America pays an annual dividend of $1.04 per share. This means that for each share you own, you'll receive $1.04 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was December 06, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Bank of America paid a total of $9.09B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Bank of America's dividend yield stands at 3.36%. To put this in perspective, if you invest $100 in Bank of America's stock at the current price, you can expect to receive approximately $3.36 in annual dividend income.
The company's dividend payout ratio is 34.27%. This means that Bank of America is distributing 34.27% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Bank of America's dividend has decreased by -5.96%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Bank of America (BAC) dividend payments have grown -5.96% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Bank of America Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.26 | $0.26 | December 06, 2024 | December 06, 2024 | December 27, 2024 | October 16, 2024 |
| $0.26 | $0.26 | September 06, 2024 | September 06, 2024 | September 27, 2024 | July 24, 2024 |
| $0.24 | $0.24 | June 07, 2024 | June 07, 2024 | June 28, 2024 | April 25, 2024 |
| $0.24 | $0.24 | February 29, 2024 | March 01, 2024 | March 29, 2024 | January 31, 2024 |
| $0.24 | $0.24 | November 30, 2023 | December 01, 2023 | December 29, 2023 | October 18, 2023 |
| $0.24 | $0.24 | August 31, 2023 | September 01, 2023 | September 29, 2023 | July 19, 2023 |
| $0.22 | $0.22 | June 01, 2023 | June 02, 2023 | June 30, 2023 | April 26, 2023 |
| $0.22 | $0.22 | March 02, 2023 | March 03, 2023 | March 31, 2023 | February 01, 2023 |
| $0.22 | $0.22 | December 01, 2022 | December 02, 2022 | December 30, 2022 | October 19, 2022 |
| $0.22 | $0.22 | September 01, 2022 | September 02, 2022 | September 30, 2022 | July 20, 2022 |
| $0.21 | $0.21 | June 02, 2022 | June 03, 2022 | June 24, 2022 | April 27, 2022 |
| $0.21 | $0.21 | March 03, 2022 | March 04, 2022 | March 25, 2022 | February 02, 2022 |
| $0.21 | $0.21 | December 02, 2021 | December 03, 2021 | December 31, 2021 | October 20, 2021 |
| $0.21 | $0.21 | September 02, 2021 | September 03, 2021 | September 24, 2021 | July 21, 2021 |
| $0.18 | $0.18 | June 03, 2021 | June 04, 2021 | June 25, 2021 | April 22, 2021 |
| $0.18 | $0.18 | March 04, 2021 | March 05, 2021 | March 26, 2021 | January 19, 2021 |
| $0.18 | $0.18 | December 03, 2020 | December 04, 2020 | December 24, 2020 | October 21, 2020 |
| $0.18 | $0.18 | September 03, 2020 | September 04, 2020 | September 25, 2020 | July 22, 2020 |
| $0.18 | $0.18 | June 04, 2020 | June 05, 2020 | June 26, 2020 | April 22, 2020 |
| $0.18 | $0.18 | March 05, 2020 | March 06, 2020 | March 27, 2020 | January 29, 2020 |
| $0.18 | $0.18 | December 05, 2019 | December 06, 2019 | December 27, 2019 | October 22, 2019 |
| $0.18 | $0.18 | September 05, 2019 | September 06, 2019 | September 27, 2019 | July 25, 2019 |
| $0.15 | $0.15 | June 06, 2019 | June 07, 2019 | June 28, 2019 | April 24, 2019 |
| $0.15 | $0.15 | February 28, 2019 | March 01, 2019 | March 29, 2019 | January 30, 2019 |
| $0.15 | $0.15 | December 06, 2018 | December 07, 2018 | December 28, 2018 | October 24, 2018 |
| $0.15 | $0.15 | September 06, 2018 | September 07, 2018 | September 28, 2018 | July 26, 2018 |
| $0.12 | $0.12 | May 31, 2018 | June 01, 2018 | June 29, 2018 | April 25, 2018 |
| $0.12 | $0.12 | March 01, 2018 | March 02, 2018 | March 30, 2018 | January 31, 2018 |
| $0.12 | $0.12 | November 30, 2017 | December 01, 2017 | December 29, 2017 | October 25, 2017 |
| $0.12 | $0.12 | August 30, 2017 | September 01, 2017 | September 29, 2017 | July 28, 2017 |
| $0.075 | $0.075 | May 31, 2017 | June 02, 2017 | June 30, 2017 | May 01, 2017 |
| $0.075 | $0.075 | March 01, 2017 | March 03, 2017 | March 31, 2017 | January 26, 2017 |
| $0.075 | $0.075 | November 30, 2016 | December 02, 2016 | December 30, 2016 | October 28, 2016 |
| $0.075 | $0.075 | August 31, 2016 | September 02, 2016 | September 23, 2016 | July 28, 2016 |
| $0.05 | $0.05 | June 01, 2016 | June 03, 2016 | June 24, 2016 | April 29, 2016 |
| $0.05 | $0.05 | March 02, 2016 | March 04, 2016 | March 25, 2016 | January 21, 2016 |
| $0.05 | $0.05 | December 02, 2015 | December 04, 2015 | December 24, 2015 | October 22, 2015 |
| $0.05 | $0.05 | September 02, 2015 | September 04, 2015 | September 25, 2015 | July 24, 2015 |
| $0.05 | $0.05 | June 03, 2015 | June 05, 2015 | June 26, 2015 | April 17, 2015 |
| $0.05 | $0.05 | March 04, 2015 | March 06, 2015 | March 27, 2015 | February 11, 2015 |
| $0.05 | $0.05 | December 03, 2014 | December 05, 2014 | December 26, 2014 | October 24, 2014 |
| $0.05 | $0.05 | September 03, 2014 | September 05, 2014 | September 26, 2014 | August 06, 2014 |
| $0.01 | $0.01 | June 20, 2014 | June 24, 2014 | June 30, 2014 | June 19, 2014 |
| $0.01 | $0.01 | March 05, 2014 | March 07, 2014 | March 28, 2014 | February 11, 2014 |
| $0.01 | $0.01 | December 04, 2013 | December 06, 2013 | December 27, 2013 | October 24, 2013 |
| $0.01 | $0.01 | September 04, 2013 | September 06, 2013 | September 27, 2013 | July 24, 2013 |
| $0.01 | $0.01 | June 05, 2013 | June 07, 2013 | June 28, 2013 | April 30, 2013 |
| $0.01 | $0.01 | February 27, 2013 | March 01, 2013 | March 22, 2013 | January 23, 2013 |
| $0.01 | $0.01 | December 05, 2012 | December 07, 2012 | December 28, 2012 | October 24, 2012 |
| $0.01 | $0.01 | September 05, 2012 | September 07, 2012 | September 28, 2012 | July 11, 2012 |
| $0.01 | $0.01 | May 30, 2012 | June 01, 2012 | June 22, 2012 | April 13, 2012 |
| $0.01 | $0.01 | February 29, 2012 | March 02, 2012 | March 23, 2012 | January 12, 2012 |
| $0.01 | $0.01 | November 30, 2011 | December 02, 2011 | December 23, 2011 | November 21, 2011 |
| $0.01 | $0.01 | August 31, 2011 | September 02, 2011 | September 23, 2011 | August 24, 2011 |
| $0.01 | $0.01 | June 01, 2011 | June 03, 2011 | June 24, 2011 | May 12, 2011 |
| $0.01 | $0.01 | March 02, 2011 | March 04, 2011 | March 25, 2011 | January 27, 2011 |
| $0.01 | $0.01 | December 01, 2010 | December 03, 2010 | December 24, 2010 | October 26, 2010 |
| $0.01 | $0.01 | September 01, 2010 | September 03, 2010 | September 24, 2010 | July 29, 2010 |
| $0.01 | $0.01 | June 02, 2010 | June 04, 2010 | June 25, 2010 | April 29, 2010 |
| $0.01 | $0.01 | March 03, 2010 | March 05, 2010 | March 26, 2010 | January 28, 2010 |
| $0.01 | $0.01 | December 02, 2009 | December 04, 2009 | December 24, 2009 | October 28, 2009 |
| $0.01 | $0.01 | September 02, 2009 | September 04, 2009 | September 25, 2009 | July 21, 2009 |
| $0.01 | $0.01 | June 03, 2009 | June 05, 2009 | June 26, 2009 | April 29, 2009 |
| $0.01 | $0.01 | March 04, 2009 | March 06, 2009 | March 27, 2009 | January 16, 2009 |
| $0.32 | $0.32 | December 03, 2008 | December 05, 2008 | December 26, 2008 | October 06, 2008 |
| $0.64 | $0.64 | September 03, 2008 | September 05, 2008 | September 26, 2008 | July 23, 2008 |
| $0.64 | $0.64 | June 04, 2008 | June 06, 2008 | June 27, 2008 | April 23, 2008 |
| $0.64 | $0.64 | March 05, 2008 | March 07, 2008 | March 28, 2008 | January 23, 2008 |
| $0.64 | $0.64 | December 05, 2007 | December 07, 2007 | December 28, 2007 | October 24, 2007 |
| $0.64 | $0.64 | September 05, 2007 | September 07, 2007 | September 28, 2007 | July 25, 2007 |
| $0.56 | $0.56 | May 30, 2007 | June 01, 2007 | June 22, 2007 | April 25, 2007 |
| $0.56 | $0.56 | February 28, 2007 | March 02, 2007 | March 23, 2007 | January 24, 2007 |
| $0.56 | $0.56 | November 29, 2006 | December 01, 2006 | December 22, 2006 | October 25, 2006 |
| $0.56 | $0.56 | August 30, 2006 | September 01, 2006 | September 22, 2006 | July 26, 2006 |
| $0.5 | $0.5 | May 31, 2006 | June 02, 2006 | June 23, 2006 | April 26, 2006 |
| $0.5 | $0.5 | March 01, 2006 | March 03, 2006 | March 24, 2006 | January 25, 2006 |
| $0.5 | $0.5 | November 30, 2005 | December 02, 2005 | December 23, 2005 | October 26, 2005 |
| $0.5 | $0.5 | August 31, 2005 | September 02, 2005 | September 23, 2005 | June 22, 2005 |
| $0.45 | $0.45 | June 01, 2005 | June 03, 2005 | June 24, 2005 | April 27, 2005 |
| $0.45 | $0.45 | March 02, 2005 | March 04, 2005 | March 25, 2005 | January 26, 2005 |
| $0.45 | $0.45 | December 01, 2004 | December 03, 2004 | December 22, 2004 | October 27, 2004 |
| $0.45 | $0.45 | September 01, 2004 | September 03, 2004 | September 24, 2004 | June 23, 2004 |
| $0.8 | $0.4 | June 02, 2004 | June 04, 2004 | June 25, 2004 | April 02, 2004 |
| $0.8 | $0.4 | March 03, 2004 | March 05, 2004 | March 26, 2004 | January 29, 2004 |
| $0.8 | $0.4 | December 03, 2003 | December 05, 2003 | December 26, 2003 | October 22, 2003 |
| $0.8 | $0.4 | September 03, 2003 | September 05, 2003 | September 26, 2003 | June 25, 2003 |
| $0.64 | $0.32 | June 04, 2003 | June 06, 2003 | June 27, 2003 | April 30, 2003 |
| $0.64 | $0.32 | March 05, 2003 | March 07, 2003 | March 28, 2003 | January 22, 2003 |
| $0.64 | $0.32 | December 04, 2002 | December 06, 2002 | December 27, 2002 | October 23, 2002 |
| $0.6 | $0.3 | September 04, 2002 | September 06, 2002 | September 27, 2002 | July 24, 2002 |
| $0.6 | $0.3 | June 05, 2002 | June 07, 2002 | June 28, 2002 | April 30, 2002 |
| $0.6 | $0.3 | February 27, 2002 | March 01, 2002 | March 22, 2002 | January 23, 2002 |
| $0.6 | $0.3 | December 05, 2001 | December 07, 2001 | December 28, 2001 | October 24, 2001 |
| $0.56 | $0.28 | September 05, 2001 | September 07, 2001 | September 28, 2001 | July 25, 2001 |
| $0.56 | $0.28 | May 30, 2001 | June 01, 2001 | June 22, 2001 | April 25, 2001 |
| $0.56 | $0.28 | February 28, 2001 | March 02, 2001 | March 23, 2001 | January 24, 2001 |
| $0.56 | $0.28 | November 29, 2000 | December 01, 2000 | December 20, 2000 | October 25, 2000 |
| $0.5 | $0.25 | August 30, 2000 | September 01, 2000 | September 22, 2000 | July 26, 2000 |
| $0.5 | $0.25 | May 31, 2000 | June 02, 2000 | June 23, 2000 | April 25, 2000 |
| $0.5 | $0.25 | March 01, 2000 | March 03, 2000 | March 24, 2000 | January 26, 2000 |
| $0.5 | $0.25 | December 01, 1999 | December 03, 1999 | December 23, 1999 | October 27, 1999 |
| $0.45 | $0.225 | September 01, 1999 | September 03, 1999 | September 24, 1999 | July 28, 1999 |
| $0.45 | $0.225 | June 02, 1999 | June 04, 1999 | June 25, 1999 | April 28, 1999 |
| $0.45 | $0.225 | March 03, 1999 | March 05, 1999 | March 26, 1999 | January 27, 1999 |
| $0.45 | $0.225 | December 02, 1998 | December 04, 1998 | December 23, 1998 | October 28, 1998 |
| $0.38 | $0.19 | September 02, 1998 | September 04, 1998 | September 25, 1998 | July 22, 1998 |
| $0.38 | $0.19 | June 03, 1998 | June 05, 1998 | June 26, 1998 | April 22, 1998 |
| $0.38 | $0.19 | March 04, 1998 | March 06, 1998 | March 27, 1998 | January 28, 1998 |
| $0.38 | $0.19 | December 03, 1997 | December 05, 1997 | December 24, 1997 | October 22, 1997 |
| $0.33 | $0.165 | September 03, 1997 | September 05, 1997 | September 26, 1997 | July 23, 1997 |
| $0.33 | $0.165 | June 04, 1997 | June 06, 1997 | June 27, 1997 | April 23, 1997 |
| $0.33 | $0.165 | March 05, 1997 | March 07, 1997 | March 28, 1997 | January 22, 1997 |
| $0.66 | $0.165 | December 04, 1996 | December 06, 1996 | December 27, 1996 | October 23, 1996 |
| $0.58 | $0.145 | September 04, 1996 | September 06, 1996 | September 27, 1996 | July 16, 1996 |
| $0.58 | $0.145 | June 05, 1996 | June 07, 1996 | June 28, 1996 | April 24, 1996 |
| $0.58 | $0.145 | February 28, 1996 | March 01, 1996 | March 22, 1996 | January 24, 1996 |
| $0.58 | $0.145 | November 29, 1995 | December 01, 1995 | December 20, 1995 | October 25, 1995 |
| $0.5 | $0.125 | August 30, 1995 | September 01, 1995 | September 22, 1995 | July 26, 1995 |
| $0.5 | $0.125 | August 25, 1995 | |||
| $0.5 | $0.125 | May 30, 1995 | |||
| $0.5 | $0.125 | May 26, 1995 | June 02, 1995 | June 23, 1995 | April 26, 1995 |
| $0.5 | $0.125 | February 27, 1995 | March 03, 1995 | March 24, 1995 | |
| $0.5 | $0.125 | November 28, 1994 | December 02, 1994 | December 22, 1994 | |
| $0.46 | $0.115 | August 29, 1994 | September 02, 1994 | September 23, 1994 | |
| $0.46 | $0.115 | May 27, 1994 | June 03, 1994 | June 24, 1994 | |
| $0.46 | $0.115 | February 28, 1994 | March 04, 1994 | March 25, 1994 | January 28, 1994 |
| $0.42 | $0.105 | November 29, 1993 | December 03, 1993 | December 22, 1993 | October 29, 1993 |
| $0.42 | $0.105 | August 30, 1993 | September 03, 1993 | September 24, 1993 | July 30, 1993 |
| $0.4 | $0.1 | May 28, 1993 | June 04, 1993 | June 25, 1993 | May 06, 1993 |
| $0.4 | $0.1 | March 01, 1993 | March 05, 1993 | March 26, 1993 | January 29, 1993 |
| $0.4 | $0.1 | November 30, 1992 | December 04, 1992 | December 23, 1992 | November 02, 1992 |
| $0.37 | $0.0925 | August 31, 1992 | September 04, 1992 | September 25, 1992 | July 27, 1992 |
| $0.37 | $0.0925 | June 01, 1992 | June 05, 1992 | June 26, 1992 | April 27, 1992 |
| $0.37 | $0.0925 | March 02, 1992 | March 06, 1992 | March 27, 1992 | January 27, 1992 |
| $0.37 | $0.0925 | December 02, 1991 | December 06, 1991 | December 27, 1991 | October 28, 1991 |
| $0.37 | $0.0925 | August 30, 1991 | September 06, 1991 | September 27, 1991 | July 29, 1991 |
| $0.37 | $0.0925 | June 03, 1991 | June 07, 1991 | June 28, 1991 | April 29, 1991 |
| $0.37 | $0.0925 | March 04, 1991 | March 08, 1991 | March 22, 1991 | January 28, 1991 |
| $0.37 | $0.0925 | December 03, 1990 | December 07, 1990 | December 28, 1990 | October 26, 1990 |
| $0.35 | $0.0875 | August 31, 1990 | September 07, 1990 | September 28, 1990 | July 26, 1990 |
| $0.35 | $0.0875 | May 25, 1990 | June 01, 1990 | June 22, 1990 | April 27, 1990 |
| $0.35 | $0.0875 | February 26, 1990 | March 02, 1990 | March 23, 1990 | January 26, 1990 |
| $0.3 | $0.075 | November 27, 1989 | December 01, 1989 | December 22, 1989 | October 26, 1989 |
| $0.3 | $0.075 | August 28, 1989 | September 01, 1989 | September 22, 1989 | July 28, 1989 |
| $0.25 | $0.0625 | May 26, 1989 | June 02, 1989 | June 23, 1989 | April 28, 1989 |
| $0.25 | $0.0625 | February 27, 1989 | March 03, 1989 | March 23, 1989 | January 26, 1989 |
| $0.25 | $0.0625 | November 28, 1988 | December 02, 1988 | December 23, 1988 | October 26, 1988 |
| $0.23 | $0.0575 | August 29, 1988 | September 02, 1988 | September 23, 1988 | August 05, 1988 |
| $0.23 | $0.0575 | May 27, 1988 | June 03, 1988 | June 24, 1988 | April 27, 1988 |
| $0.23 | $0.0575 | February 29, 1988 | March 04, 1988 | March 25, 1988 | January 28, 1988 |
| $0.23 | $0.0575 | November 30, 1987 | December 04, 1987 | December 24, 1987 | October 29, 1987 |
| $0.21 | $0.0525 | August 31, 1987 | September 04, 1987 | September 25, 1987 | July 24, 1987 |
| $0.21 | $0.0525 | June 01, 1987 | June 05, 1987 | June 26, 1987 | April 24, 1987 |
| $0.21 | $0.0525 | March 02, 1987 | March 06, 1987 | March 27, 1987 | January 30, 1987 |
| $0.21 | $0.0525 | December 01, 1986 | |||
| $0.38 | $0.0475 | August 29, 1986 | |||
| $0.38 | $0.0475 | June 02, 1986 | |||
| $0.38 | $0.0475 | March 03, 1986 |
Frequently Asked Questions
Bank of America currently pays an annual dividend of $1.04 per share. This means that for each share you own, you'll receive $1.04 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Bank of America's current dividend yield is 3.36%. This means that if you invest $100 in Bank of America's stock at the current price, you can expect to receive approximately $3.36 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Bank of America was December 06, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Bank of America's investor relations page or financial news sources for the next ex-dividend date announcement.
Bank of America's dividend payout ratio is currently 34.27%. This means that the company is distributing 34.27% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Bank of America paid a total of $9.09B in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Bank of America distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Bank of America's dividend has decreased by -5.96%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.