▷ Bank of America Corporation Dividends 【Calendar 2024】

Upcoming Bank of America Corporation dividend

Change(%)

0.00%

No change

Next payment 0.26$

Next payment date Dec 27, 2024

Last payment 0.26$

Last payment date Sep 27, 2024

00 D 00 H 00 M 00 S

Ex-Dividend: 12/6/24

Confirmed

When are the upcoming Bank of America Corporation dividends in 2024?

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For shareholders of Bank of America Corporation, December 27, 2024 will be a lucrative day with a dividend of 0,26 dollars per share.

What is the last day to buy Bank of America Corporation stocks and get dividends?

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If your goal is to receive dividends from Bank of America Corporation, buy before December 6, 2024 and stay until the Record Date, December 6, 2024, to ensure your eligibility.

Last Bank of America Corporation dividend

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Bank of America Corporation made a dividend payment of 0.26 dollars on the date September 27, 2024.

Dividend policy of Bank of America Corporation

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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 (94,625,996,800.00$) 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	December 5, 2024
Ex-Dividend (Ex-Date)	December 6, 2024
Record date	December 6, 2024
Date of payment	December 27, 2024

Data confirmed by the company Bank of America Corporation (BAC).

Confirmed Source

Dividend yield of Bank of America Corporation vs. the sector

Bank of America Corporation's dividend yield (2.28%) is above the sector average (2.20%).

Comparison with industry average

Bank of America Corporation's dividend yield is between the top 25% (2.90%) and top 75% (0.71%) of the sector.

Evaluation with respect to competence.

Information about Bank of America Corporation

Full name Bank of America Corporation

Ticker BAC

Sector Financial Services

Industry Banks - Diversified

Market Capitalization 350.42B $

Number of Employees 213,491

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.