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: |
| $40.45 | $24.57 | -40.1% |
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. Regarding Bank Of America Corp, the DDM model, as implemented by StockNews, implies a negative return of 40.1% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Bank Of America Corp are:
- In comparison to other stocks in the Financial Services sector, Bank Of America Corp offers a higher dividend yield than 28.84% of them.
- BAC's market cap of approximately $345 billion makes it a mega-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 32.61% of them.
- In terms of who is growing the amount of dividends they return to shareholders, Bank Of America Corp has been increasing its dividends at a faster rate than 75.43% of US-listed dividend-issuing stocks we observed.
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 13 vs. its peers in the Money Center Banks category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | CMA | Comerica Incorporated | 3.71% |
| 2 | KEY | KeyCorp | 3.52% |
| 3 | MTB | M&T Bank Corporation | 3.21% |
| 4 | STI | SunTrust Banks, Inc. | 3.19% |
| 5 | USB | U.S. Bancorp | 2.91% |
| 6 | C | Citigroup Inc. | 2.90% |
| 7 | PNC | PNC Financial Services Group Inc. (The) | 2.63% |
| 8 | JPM | JPMorgan Chase & Co. | 2.28% |
| 9 | BAC | Bank of America Corp. | 1.79% |
| 10 | WFC | Wells Fargo & Company | 1.72% |
| 11 | FRC | FIRST REPUBLIC BANK | 0.44% |
| 12 | USCB | U.S. Century Bank | 0.00% |
| 13 | 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