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Data last updated: Jul 17, 2026
Snapshot (as of Jul 17, 2026): Bank of America Corporation (BAC) pays a $1.12 annual dividend ($0.28 quarterly), yielding 1.82% at $61.49/share. Next ex-dividend date 2026-06-05. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.82%
Annual Dividend: $1.12 per share
Payout Ratio: 28.6%
Ex-Dividend Date: 2026-06-05
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 41
Bank of America Corporation dividend currently yields 1.94%, backed by one of the largest diversified banking operations in the world. BAC pays $1.12 per share annually in quarterly installments, with the next ex-dividend date on June 5, 2026. The bank serves approximately 67 million consumer and small business clients across consumer banking, global wealth management, global banking, and global markets. With a beta of 1.196, BAC stock carries moderate market sensitivity, making it a fit for growth-and-income investors comfortable with some price volatility in exchange for a fast-growing payout.
Bank of America Corporation pays out 30.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings relative to the dividend leaves substantial room to sustain and grow the payout, supported by a diversified revenue base spanning consumer deposits, wealth management fees, commercial lending, and global markets activity. The most significant data-supported pressure on Bank of America Corporation dividend safety is the stock's beta of 1.196, which reflects earnings sensitivity to broader economic conditions that can affect banking revenue.
Bank of America Corporation dividend history shows a CAGR of 26.5% per year from 2011 to 2025. The per-share annual dividend grew from $0.04 to $1.08 over that window (2026 data is partial and excluded from the growth calculation). The largest single-year increase in the window was 200.0% in 2014, reflecting a sharp acceleration from the post-crisis payout floor.
| 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 stock fits growth-and-income investors who want a rising dividend from a large, diversified bank and are willing to accept a low current yield in exchange for above-average growth. At 1.94%, the yield is low (below 2%), though it sits above the 5-year average yield of 1.6%, meaning the current entry point offers slightly more income than the historical norm. The 30.4% payout ratio leaves room for continued increases. What an investor gets here is a fast-growing dividend from a bank with global scale. What they give up is meaningful current income, since the yield alone does not serve investors who need cash flow today.
| Payment Date | Amount per Share |
|---|---|
| 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 |
| 2024-02-29 | $0.2400 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5600 |
| 2025 | $1.0800 |
| 2024 | $1.0000 |
| 2023 | $0.9200 |
| 2022 | $0.8600 |
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