Bank of America Dividend yield




   USD/share 
 Price  28.67
 Dividend  0.96
 Earnings  3.26
 Cash-flow  -0.79
 Book value  31.86
 Equity  30.75

Bank of America is part of Banks business, which is part of Financials industry. Bank of America is a company from USA, and his stocks are publicly traded.

Bank of America stock dividend

Bank of America paid a total dividend of 7,679 million USD last year, for a market value of 229,331 millions (Market Cap 199,451 millions). Bank of America dividend per share is 0.96 USD, and his stock market price 28.67 USD.

According to the chart below, where dividend yield is displayed, Bank of America has a dividend yield of 3.35%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Bank of America stocks dividend with other Banks companies or other of the highest USA dividend stocks list.

Dividend yield of Bank of America

Bank of America Dividend Payout

About the ability of Bank of America to maintain his current dividend of USD 0.96 per share, an amount that accounts for 3.35%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bank of America payout on ernings is currently 29.45%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Bank of Americacan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bank of America is USD -0.79 per share, which is lower than the dividend per share paid by the company of USD 0.96, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bank of America, compared againt world market average, USA companies, Financials industry and Banks sector companies.

Bank of America payout

Bank of America Dividend History

Below you will find a table with the historical evolution of Bank of America's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 
Present3.35%0.9629.45%7,999
20222.66%0.8823.10%8,057
20211.89%0.8441.58%8,184
20202.38%0.7224.00%8,676
20192.04%0.7223.68%8,995
20182.44%0.6030.46%9,814
20171.63%0.4829.63%10,431
20161.42%0.3020.13%10,272
20151.15%0.2044.44%10,438

*In millions

Then you can see the evolution of Bank of America dividend stock, and compare it with the average of USA stocks and that of the Banks stocks.

Bank of America stock dividend history

Bank of America Stock performance

Finally, last moth Bank of America showed a return of -10.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -14.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Banks firms.

Bank of America stock and market return