BAC Dividend Calculator
Calculate how much dividend income Bank of America Corporation (BAC) could generate with reinvestment. Pre-loaded with BAC's current 1.82% yield and 6.7% dividend growth rate.
Dividend Yield: 1.82%
Annual Dividend: $1.12 per share
Share Price: $61.49
Payout Ratio: 28.6%
BAC DRIP Calculator
Model BAC dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 6.7% per year
What If You Invested $1,000 in BAC 10 Years Ago?
A $1,000 investment in BAC on 2016-04-29 would be worth $5,188.93 today with dividends reinvested (DRIP), a total return of 418.9%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $4,640.11 (364% return). Reinvesting dividends added $548.82 in extra value.
Starting share price: $14.56 — Current share price: $58.73
Frequently Asked Questions
- What is BAC's current dividend yield?
- BAC (Bank of America Corporation) currently has a dividend yield of 1.82%. This means for every $10,000 invested, you would receive approximately $182 per year in dividend income before taxes.
- How much BAC do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from BAC at its current yield of 1.82%, you would need approximately $659,341 invested. With dividend reinvestment and growth, you may need less over time.
- Does BAC pay monthly dividends?
- No, BAC pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is BAC's dividend safe?
- BAC's payout ratio is 28.6%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is BAC's dividend growth rate?
- BAC's 5-year dividend compound annual growth rate (CAGR) is approximately 6.7% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in BAC 10 years ago be worth today?
- A $1,000 investment in BAC on 2016-04-29 would be worth approximately $5,188.93 today with dividends reinvested (DRIP), a 418.9% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $4,640.11 — meaning DRIP added $548.82 in extra value.
See full dividend history and analysis on the BAC dividend page.