Bank of America Corp. (BAC) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, BAC has greater average cash flow over the past 5.5 years than 97.68% US-listed dividend payers.
- In terms of debt burden relative to earnings, BAC has an EBITDA to net debt ratio of 25,502,000,000, ranking above 99.35% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- Currently, BAC generates more cash flow over the 12 months prior than merely 0.26% of US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with BAC that may be suitable potential portfolio mates: COR, FENG, CAAS, WPG and PJT.
BAC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $37.02 | $24.44 | -43.28% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for BAC, the DDM model, as implemented by StockNews, implies a negative return of 43.28% relative to its current price. Digging deeper, the aspects of Bank Of America Corp's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -43.28%, based on the stock's current share price and target price based on a dividend discount model, is greater than just 24.9% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, BAC has a discount rate lower than just 24.9% of them (a lower discount rate is associated with lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for Bank Of America Corp than it is for just 24.12% of other dividend issuers in the Financial Services sector.
- Based on dividend growth rate, BAC boasts a higher growth rate in terms of its annual cash distributed to its owners than 75.89% of the dividend issuers in our set.
BAC Dividend Chart
BAC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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BAC Dividends vs. Peers
BAC's dividend yield currently ranks #8 of 12 vs. its peers in the Money Center Banks category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | C | Citigroup Inc. | 3.77% |
| 2 | USB | U.S. Bancorp | 3.53% |
| 3 | PNC | PNC Financial Services Group Inc. | 3.47% |
| 4 | CMA | Comerica Incorporated | 3.33% |
| 5 | STI | SunTrust Banks, Inc. | 3.19% |
| 6 | JPM | JPMorgan Chase & Co. | 3.09% |
| 7 | MTB | M&T Bank Corp. | 2.70% |
| 8 | BAC | Bank of America Corp. | 2.29% |
| 9 | WFC | Wells Fargo & Company | 2.19% |
| 10 | FRC | First Republic Bank | 0.71% |
| 11 | USCB | U.S. Century Bank | 0.00% |
| 12 | WTBFA | WTB Financial Corporation | 0.00% |
Looking for More Information on BAC dividends?
Want to do more research on Bank Of America Corp's dividends? Try the links below:Bank Of America Corp Common Stock (BAC) Dividend History | Nasdaq
Dividend History for Bank Of America Corp (BAC) - Dividend Investor
Bank Of America Corp (BAC) Dividend History - Seeking Alpha