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Data last updated: Oct 17, 2026
Snapshot (as of Oct 17, 2026): Bank of America Corporation (BAC) pays a $1.16 annual dividend ($0.32 quarterly), yielding 2.50% at $51.23/share. Next ex-dividend date 2026-09-04. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.50%
Annual Dividend: $1.16 per share
Payout Ratio: 25.9%
Ex-Dividend Date: 2026-09-04
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 41
Bank of America Corporation dividend pays $1.16 per share annually, backed by one of the largest diversified banking operations in the world. BAC currently yields 2.0%, paid quarterly, with the next ex-dividend date on September 4, 2026. The trailing twelve-month dividend rate is $1.16 per share, reflecting the last payment of $0.32 per quarter. With a beta of 1.164, BAC stock carries slightly above-average market sensitivity, making it a fit for dividend investors comfortable with financial sector cyclicality in exchange for a growing payout.
Bank of America Corporation pays out 29.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to absorb earnings pressure without touching the dividend, supported by a business that spans consumer banking, global wealth management, commercial lending, and capital markets across millions of clients. Bank of America Corporation dividend safety benefits from that breadth: no single revenue line dominates the payout. The most significant pressure factor is BAC's beta of 1.164, which means earnings can swing with the broader economy, and a sharp downturn in loan demand or credit quality could test that cushion.
Bank of America Corporation dividend history shows a CAGR of 26.5% per year from 2011 to 2025. The per-share dividend grew from $0.04 to $1.08 over that window (2026 data is partial and excluded from the rate calculation). The largest single-year jump was 200.0% in 2014, when BAC raised the annual dividend from $0.04 to $0.12, reflecting a recovery from post-financial-crisis payout restrictions. Recent growth has been more measured: from $1.00 in 2024 to $1.08 in 2025, an 8.0% increase.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.9% | $0.86 (2022) | $1.08 (2025) |
| 5-Year | +8.4% | $0.72 (2020) | $1.08 (2025) |
| 10-Year | +18.4% | $0.20 (2015) | $1.08 (2025) |
BAC fits dividend investors who want a growing payout from a large, diversified financial institution rather than a high starting yield. The current yield of 2.0% falls in the moderate (2-4%) range, and it sits above the 5-year average yield of 1.6%, meaning today's entry point offers more income than the historical norm. The 29.0% payout ratio keeps the dividend well-covered, but the 16-year streak of consecutive increases comes with the understanding that BAC operates in a cyclical sector. What an investor gets here is a low-payout, growth-oriented dividend with room to expand. What they accept is a yield that is not high by income standards and a business sensitive to economic cycles.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-04 | $0.3200 |
| 2026-06-05 | $0.2800 |
| 2026-03-06 | $0.2800 |
| 2025-12-05 | $0.2800 |
| 2025-09-05 | $0.2800 |
| 2025-06-06 | $0.2600 |
| 2025-03-07 | $0.2600 |
| 2024-12-06 | $0.2600 |
| 2024-09-06 | $0.2600 |
| 2024-06-07 | $0.2400 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.8800 |
| 2025 | $1.0800 |
| 2024 | $1.0000 |
| 2023 | $0.9200 |
| 2022 | $0.8600 |
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