Bank of America Corp. (BAC) Dividends

Bank of America Corp. (BAC): $37.00

0.14 (+0.38%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
BAC Dividend Yield
2.39%
BAC Annual Dividend
$0.88
BAC Payout Ratio

BAC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$37.00$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 #9 of 12 vs. its peers in the Money Center Banks category.
Rank Symbol Name Dividend Yield
1 USB U.S. Bancorp 4.39%
2 C Citigroup Inc. 4.32%
3 CMA Comerica Incorporated 3.88%
4 PNC PNC Financial Services Group Inc. 3.69%
5 STI SunTrust Banks, Inc. 3.19%
6 JPM JPMorgan Chase & Co. 2.98%
7 MTB M&T Bank Corp. 2.83%
8 WFC Wells Fargo & Company 2.55%
9 BAC Bank of America Corp. 2.39%
10 FRC First Republic Bank 0.90%
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

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