Trailing Dividend / Share
$1.27
Bank of America Corporation (BAC) Dividend History
Income profile from 1986 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.4%
Payout Ratio
31.2%
Sustainable
Dividend Streak
12 years
BAC Dividend Income Check
Safety
31.2% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 3.6% and trend is rising.
BAC Dividend Scorecard
Yield & Income
Dividend Yield2.4%
Trailing DPS$1.27
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout31.2%
Earnings SafetySustainable
FCF Payout75.8%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak12 years
3Y CAGR7.9%
5Y CAGR8.4%
Yield on Cost (5Y)3.6%
YOC Trendrising
Total Returns
Buyback Yield5.3%
Total Shareholder Yield7.7%
1Y Total Return31.9%
5Y Total Return39.8%
Div Contribution (5Y)11.5%
Estimated $10K growth (return + dividends):
5Y ago$13,97910Y ago$43,09620Y ago$13,350
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
BAC Income Growth Story
Dividend per share and yield on cost over time (41 years of payments)
BAC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Bank of America Corporation distributes 31.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 75.8%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
BAC has raised its dividend for 12 consecutive years, with a 3-year CAGR of 7.9% and 5-year CAGR of 8.4%.
Total Shareholder Returns
Beyond cash dividends, BAC returns capital through share repurchases. The combined picture: 2.4% dividend yield, 5.3% buyback yield, 7.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.6% and is currently rising. The 5-year total return is 39.8%, with dividends contributing 11.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $43,096 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
BAC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$4.84
Avg/Payment$0.2420
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 5, 2026Latest | $0.2800 | — | 2.10% | Jun 26, 2026 |
| Mar 6, 2026 | $0.2800 | — | 2.26% | Mar 27, 2026 |
| Dec 5, 2025 | $0.2800 | — | 2.00% | Dec 26, 2025 |
| Sep 5, 2025 | $0.2800 | ↑ +7.7% | 2.13% | Sep 26, 2025 |
| Jun 6, 2025 | $0.2600 | — | 2.31% | Jun 27, 2025 |
| Mar 7, 2025 | $0.2600 | — | 2.46% | Mar 28, 2025 |
| Dec 6, 2024 | $0.2600 | — | 2.14% | Dec 27, 2024 |
| Sep 6, 2024 | $0.2600 | ↑ +8.3% | 2.53% | Sep 27, 2024 |
BAC Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
2.4%
#3 of 8
Safety
Sustainable
31.2% payout
Streak
12Y
8.4% 5Y CAGR
Total Shareholder
7.7%
#2 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd BACBank of America Corp… | $404.3B | 2.4% | 31.2% | 12 | Sustainable |
 JPMJPMorgan Chase & Co. | $834.2B | 1.7% | 25.3% | 14 | Sustainable |
 WFCWells Fargo & Compan… | $247.1B | 1.9% | 26.0% | 3 | Sustainable |
 CCitigroup Inc. | $223.7B | 2.1% | 41.0% | 3 | Sustainable |
 GSThe Goldman Sachs Gr… | $285.5B | 1.5% | 31.5% | 12 | Sustainable |
 MSMorgan Stanley | $301.1B | 2.0% | 45.8% | 11 | Sustainable |
2nd  PNCThe PNC Financial Se… | $89.6B | 2.9% | 43.1% | 14 | Sustainable |
1st  TFCTruist Financial Cor… | $65.7B | 4.2% | 57.5% | 10 | Sustainable |
BAC Annual Dividend History (1986–2026)
41 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.56 | — | 2 | — | — | — | 1.9% |
| 2025 | $1.08 | 8.0% | 4 | $3.82 | 28.3% | 3.54x | 3.6% |
| 2024 | $1.00 | 8.7% | 4 | $3.22 | 31.1% | 3.22x | 3.3% |
| 2023 | $0.92 | 7.0% | 4 | $3.08 | 29.9% | 3.35x | 3.1% |
| 2022 | $0.86 | 10.3% | 4 | $3.19 | 27.0% | 3.71x | 2.9% |
| 2021 | $0.78 | 8.3% | 4 | $3.57 | 21.8% | 4.58x | 2.6% |
| 2020 | $0.72 | 9.1% | 4 | $1.87 | 38.5% | 2.60x | 2.4% |
| 2019 | $0.66 | 22.2% | 4 | $2.75 | 24.0% | 4.17x | 2.2% |
| 2018 | $0.54 | 38.5% | 4 | $2.61 | 20.7% | 4.83x | 1.8% |
| 2017 | $0.39 | 56.0% | 4 | $1.56 | 25.0% | 4.00x | 1.3% |
Full BAC Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy BAC Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See BAC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BAC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare BAC vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonBAC — Frequently Asked Questions
Quick answers to the most common questions about buying BAC stock.
How much dividend does BAC pay per share?
Bank of America Corporation (BAC) pays a trailing 12-month dividend of $1.27 per share, with a current dividend yield of +2.4%. Payments are made Semi-Annual.
When is BAC's next ex-dividend date?
BAC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. BAC typically pays dividends Semi-Annual.
Is BAC's dividend safe?
BAC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +31.2% and FCF payout ratio of +75.8%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is BAC a Dividend Achiever?
Yes, Bank of America Corporation is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +8.4%, demonstrating above-inflation dividend growth.
How often does BAC pay dividends?
Bank of America Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.27 per share. Dividend data on this page covers 40+ years from 1986 to 2026.
How much would $10,000 invested in BAC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in BAC five years ago would be worth approximately $13,979 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is BAC's yield on cost for long-term holders?
BAC's yield on cost — the current dividend divided by the original purchase price — is +3.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.4% market yield, thanks to consistent dividend growth.