Upcoming Bank of America Corporation dividend
Change(%)
0.00%
No change
Next payment 0.24$
Next payment date Mar 29, 2024
Last payment 0.24$
Last payment date Dec 29, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/29/24
Confirmed

For shareholders of Bank of America Corporation, March 29, 2024 will be a lucrative day with a dividend of 0,24 dollars per share.

If your goal is to receive dividends from Bank of America Corporation, buy before February 29, 2024 and stay until the Record Date, March 1, 2024, to ensure your eligibility.

Bank of America Corporation made a dividend payment of 0.24 dollars on the date December 29, 2023.

After acquiring Merrill Lynch, Bank of America became one of the largest investment institutions in the United States, although its policy regarding the portion it grants to its investors could be considered conservative, since it is around 26%.

Based on its latest share price, its yield is 3%, and dividends are paid to shareholders four times a year, in March, June, September and December.

Payout Ratio Bank of America Corporation Dividends

Bank of America Corporation paid 3% of its net income in the last fiscal period as dividends.
Bank of America Corporation's earnings (93,358,997,504.00$) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of BAC.
Dividend payout ratio
Payout Ratio

Dividend calendar of Bank of America Corporation

These are the most important events of the Bank of America Corporation calendar in 2024:

Event Day
Last trading date February 28, 2024
Ex-Dividend (Ex-Date) February 29, 2024
Record date March 1, 2024
Date of payment March 29, 2024
Data confirmed by the company Bank of America Corporation (BAC).
Confirmed
Source
Historical annual dividend yields of Bank of America Corporation
Over the past 5 years, Bank of America Corporation has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Bank of America Corporation vs. the sector
Bank of America Corporation's dividend yield (2.54%) is above the sector average (2.45%).
Comparison with industry average
Bank of America Corporation's dividend yield is between the top 25% (2.88%) and top 75% (0.70%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Bank of America Corporation
In the last 5 years, Bank of America Corporation's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Bank of America Corporation

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
11/30/2023
08/31/2023
06/01/2023
03/02/2023
0.24 $
0.24 $
0.22 $
0.22 $
0.92 $
2022
12/01/2022
09/01/2022
06/02/2022
03/03/2022
0.22 $
0.22 $
0.21 $
0.21 $
0.86 $
2021
12/02/2021
09/02/2021
06/03/2021
03/04/2021
0.21 $
0.21 $
0.18 $
0.18 $
0.78 $
2020
12/03/2020
09/03/2020
06/04/2020
03/05/2020
0.18 $
0.18 $
0.18 $
0.18 $
0.72 $
2019
12/05/2019
09/05/2019
06/06/2019
02/28/2019
0.18 $
0.18 $
0.15 $
0.15 $
0.66 $
2018
12/06/2018
09/06/2018
05/31/2018
03/01/2018
0.15 $
0.15 $
0.12 $
0.12 $
0.54 $
2017
11/30/2017
08/30/2017
05/31/2017
03/01/2017
0.12 $
0.12 $
0.075 $
0.075 $
0.39 $
2016
11/30/2016
08/31/2016
06/01/2016
03/02/2016
0.075 $
0.075 $
0.05 $
0.05 $
0.25 $
2015
12/02/2015
09/02/2015
06/03/2015
03/04/2015
0.05 $
0.05 $
0.05 $
0.05 $
0.2 $
2014
12/03/2014
09/03/2014
06/20/2014
03/05/2014
0.05 $
0.05 $
0.01 $
0.01 $
0.12 $
2013
12/04/2013
09/04/2013
06/05/2013
02/27/2013
0.01 $
0.01 $
0.01 $
0.01 $
0.04 $
2012
12/05/2012
09/05/2012
05/30/2012
02/29/2012
0.01 $
0.01 $
0.01 $
0.01 $
0.04 $
2011
11/30/2011
08/31/2011
06/01/2011
03/02/2011
0.01 $
0.01 $
0.01 $
0.01 $
0.04 $
2010
12/01/2010
09/01/2010
06/02/2010
03/03/2010
0.01 $
0.01 $
0.01 $
0.01 $
0.04 $
2009
12/02/2009
09/02/2009
06/03/2009
03/04/2009
0.01 $
0.01 $
0.01 $
0.01 $
0.04 $
2008
12/03/2008
09/03/2008
06/04/2008
03/05/2008
0.32 $
0.64 $
0.64 $
0.64 $
2.24 $
2007
12/05/2007
09/05/2007
05/30/2007
02/28/2007
0.64 $
0.64 $
0.56 $
0.56 $
2.4 $
2006
11/29/2006
08/30/2006
05/31/2006
03/01/2006
0.56 $
0.56 $
0.5 $
0.5 $
2.12 $
2005
11/30/2005
08/31/2005
06/01/2005
03/02/2005
0.5 $
0.5 $
0.45 $
0.45 $
1.9 $
2004
12/01/2004
09/01/2004
06/02/2004
03/03/2004
0.45 $
0.45 $
0.4 $
0.4 $
1.7 $
2003
12/03/2003
09/03/2003
06/04/2003
03/05/2003
0.4 $
0.4 $
0.32 $
0.32 $
1.44 $
2002
12/04/2002
09/04/2002
06/05/2002
02/27/2002
0.32 $
0.3 $
0.3 $
0.3 $
1.22 $
2001
12/05/2001
09/05/2001
05/30/2001
02/28/2001
0.3 $
0.28 $
0.28 $
0.28 $
1.14 $
2000
11/29/2000
08/30/2000
05/31/2000
03/01/2000
0.28 $
0.25 $
0.25 $
0.25 $
1.03 $
1999
12/01/1999
09/01/1999
06/02/1999
03/03/1999
0.25 $
0.225 $
0.225 $
0.225 $
0.925 $
1998
12/02/1998
09/02/1998
06/03/1998
03/04/1998
0.225 $
0.19 $
0.19 $
0.19 $
0.795 $
1997
12/03/1997
09/03/1997
06/04/1997
03/05/1997
0.19 $
0.165 $
0.165 $
0.165 $
0.685 $
1996
12/04/1996
09/04/1996
06/05/1996
02/28/1996
0.165 $
0.145 $
0.145 $
0.145 $
0.6 $
1995
11/29/1995
08/30/1995
05/26/1995
02/27/1995
0.145 $
0.125 $
0.125 $
0.125 $
0.52 $
1994
11/28/1994
08/29/1994
05/27/1994
02/28/1994
0.125 $
0.115 $
0.115 $
0.115 $
0.47 $
1993
11/29/1993
08/30/1993
05/28/1993
03/01/1993
0.105 $
0.105 $
0.1 $
0.1 $
0.41 $
1992
11/30/1992
08/31/1992
06/01/1992
03/02/1992
0.1 $
0.0925 $
0.0925 $
0.0925 $
0.3775 $
1991
12/02/1991
08/30/1991
06/03/1991
03/04/1991
0.0925 $
0.0925 $
0.0925 $
0.0925 $
0.37 $
1990
12/03/1990
08/31/1990
05/25/1990
02/26/1990
0.0925 $
0.0875 $
0.0875 $
0.0875 $
0.355 $
1989
11/27/1989
08/28/1989
05/26/1989
02/27/1989
0.075 $
0.075 $
0.0625 $
0.0625 $
0.275 $
1988
11/28/1988
08/29/1988
05/27/1988
02/29/1988
0.0625 $
0.0575 $
0.0575 $
0.0575 $
0.235 $
1987
11/30/1987
08/31/1987
06/01/1987
03/02/1987
0.0575 $
0.0525 $
0.0525 $
0.0525 $
0.215 $
1986
12/01/1986
08/29/1986
06/02/1986
0.0525 $
0.0475 $
0.0475 $
0.1475 $
Bank of America Corporation dividend capture strategy
Step 1: Buy Bank of America Corporation shares (BAC) one day before ex-dividend date
Date of purchase Feb 28, 2024
Next ex-dividend date Feb 29, 2024
Step 2: Sell Bank of America Corporation shares (BAC) when the price recovers.
Date of sale (estimated) Mar 1, 2024
Average price recovery 1 days
Average return on cost 0.61%
The dividend capture strategy is based on historical Bank of America Corporation data. Past performance is no guarantee of future results.

Information about Bank of America Corporation

Full name Bank of America Corporation
Ticker BAC
Sector Financial Services
Industry Banks - Diversified
Market Capitalization 297.60B $
Number of Employees 212,985
Description of the company

Bank of America is one of the most powerful financial institutions in the United States, ranking as the fifth largest company in the country and the third largest non-oil company, after WalMart and General Electric.

It was established after NationsBank bought the former Bank of America located in San Francisco in 1998, from which it also got its name, although in reality the latter had its beginnings in 1904 from the Bank of Italy founded by Amadeo Giannini, thus having more than a century of history.

Today it offers services throughout the United States with headquarters in North Carolina, with branches in more than 40 countries including some in Latin America. It is owned by Berkshire Hathaway, Vanguard Group and BlackRock.

It has faced some lawsuits and fines, but nevertheless continues to grow, achieving a 9% stake in the Chinese Construction Bank and establishing offices in Hong Kong, Shanghai and Guangzhou.

Among its social responsibility policies, it has earmarked a portion of its loan portfolio for "green" projects, providing its employees with incentives for the purchase of hybrid vehicles and mortgage loans for customers with energy-inefficient homes, and partnered with Brighter Planet to offer credit cards for renewable energy projects.

Frequently asked questions about Bank of America Corporation dividends

Bank of America Corporation pays dividends on a Trimestral basis.

Bank of America Corporation is listed on the New York Stock Exchange and is part of the Nyse.

Bank of America Corporation has the Ticker or stock code BAC.

The CEO of Bank of America Corporation in 2024 is Mr. Brian Thomas Moynihan.

Bank of America Corporation has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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