Bank of America has a rich history of paying dividends to its shareholders, dating back to 1929. The bank has consistently paid dividends for over 90 years, making it one of the most stable dividend-paying companies.
In 2009, Bank of America reduced its dividend by 47% due to the financial crisis, but has since increased it by 50% as the economy recovered. This shows the bank's resilience in maintaining its dividend payments despite market fluctuations.
Bank of America's dividend yield has averaged around 2.5% over the past decade, making it an attractive option for income investors.
Dividend Information
If you're looking to learn more about Bank of America's dividend history, you can start by checking out their dividend history on Nasdaq.
Bank of America Corp Common Stock (BAC) has a long history of paying dividends, with records dating back to 1971.
You can find detailed information on BAC's dividend history on Dividend Investor, which provides a comprehensive list of dividend payments.
Bank of America Corp (BAC) has consistently paid quarterly dividends since 1971.
For a more in-depth analysis, you can also check out Seeking Alpha's dividend history page for Bank of America Corp (BAC).
Comparisons and Forecasts
Bank of America Corporation's dividend yield of 2.32% is a significant percentage of the current stock price paid out as dividends to shareholders.
This dividend yield is higher than 45% of companies in Bank of America's country, but lower than many of its sector and world counterparts.
The percentile ranks table allows investors to quickly compare Bank of America's dividend metrics to its peers in the sector, country, and the world, and evaluate its relative stability and growth potential.
Here's a quick comparison of Bank of America's dividend yield to its sector, country, and world averages:
These comparisons can help investors make more informed decisions about Bank of America's dividend history and future prospects.
Comparing to Other Stocks
Comparing Bank of America Corporation's dividend yield to its sector, country, and the world can be done using the percentile ranks table.
The table shows that Bank of America Corporation's dividend yield of 2.32% is higher than 45% of companies in its country.
A value of 0.45 relative to country means that Bank of America Corporation's dividend yield is higher than 45% of companies in its country.
This is a key metric for investors to evaluate the relative stability and growth potential of a company.
To see the relative dividend yield of Bank of America Corporation compared to its sector, country, and the world, look at the following table:
- Dividend yield: BAC’s latest value of 2.32%
- Relative to sector: 0.37
- Relative to country: 0.45
- Relative to world: 0.49
Bac Price Forecast
The Dividend Discount Model (DDM) suggests a negative return of 43.28% for Bank Of America Corp, based on its current price and target price.
This means that if you buy BAC at its current price of $44.81, you can expect a loss of 43.28% if you sell at the DDM-forecasted price of $24.44.
In comparison to other US listed dividend yielding stocks in the Financial Services sector, BAC's expected return is greater than just 24.9% of its sector peers.
BAC has a discount rate lower than just 24.9% of all dividend issuing stocks in our set, indicating lower risk.
Here's a summary of BAC's dividend discount model performance compared to its sector peers:
Stock Details
Bank of America has a long history of paying dividends, dating back to 1924.
The company's first dividend payment was $0.50 per share, paid out in 1924.
Bank of America has consistently increased its dividend payout over the years, with some years seeing larger increases than others.
Since 2010, the bank's dividend payout has grown from $0.05 to $0.21 per share.
Bank of America's dividend yield has historically been around 3-4% over the past decade.
The bank's dividend payout ratio has averaged around 30-40% over the past 10 years, indicating a relatively stable payout.
Market Trends and Analysis
Bank of America has consistently paid dividends since 1929, with a few exceptions during the Great Depression and World War II.
In the past, the bank's dividend payout has been influenced by its financial performance, with higher payouts often occurring during periods of strong earnings growth.
Bank of America's dividend yield has averaged around 3.5% over the past decade, which is relatively stable compared to other major banks.
The bank's dividend payout ratio has fluctuated over the years, but has generally remained below 50% of net income.
Bank of America's dividend history shows that it has increased its dividend payout in 43 out of the past 50 years, with an average annual increase of 6.5%.
Investment Considerations
Bank of America's dividend yield is 2.32%, which is relatively high compared to its sector, country, and the world, with relative values of 0.37, 0.45, and 0.49 respectively.
The company's payout ratio is modest, indicating a stable dividend.
Bank of America has been rebuilding its dividend steadily, showing a commitment to its shareholders.
The Tier 1 Capital Ratio has been beefed up, ensuring the company can withstand economic downturns.
Here's a comparison of Bank of America's dividend yield to its sector, country, and the world:
- Dividend yield: BAC's latest value of 2.32% is the percentage of the current stock price that is paid out as dividends to shareholders.
- Relative to the sector, country, and world values (0.37, 0.45, and 0.49 respectively) indicate Bank of America Corporation's dividend yield compared to others in its sector, country, and world.
- For example, a value of 0.45 relative to country means that Bank of America Corporation's dividend yield is higher than 45% of companies in its country.
Frequently Asked Questions
How do I find my dividend payment history?
To find your dividend payment history, search for your stock's ticker on Dividend.com and scroll down to the Dividend Payout History section. This visual representation will provide a clear overview of your dividend payments.
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