Bank of America Dividend yield




   USD/share 
 Price  41.22
 Dividend  0.84
 Earnings  3.78
 Cash-flow  -0.89
 Book value  29.44
 Equity  30.48

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 paid a total dividend of 6,787 million USD last year, for a market value of 333,058 millions (Market Cap 292,757 millions). Dividend per share of Bank of America is 0.84 USD, and his stock market price 41.22 USD.

According to the chart below, where dividend yield is displayed, Bank of America has a dividend yield of 2.04%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bank of America dividend yield with other Banks companies or firms from USA.

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 0.84 per share, an amount that accounts for 2.04%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bank of America payout on ernings is currently 22.22%, which is lower than the market average and companies of Financials industry, which are 38.25% and 41.38% 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 -0.89 per share, which is lower than the dividend per share paid by the company of USD 0.84, 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

Year Yield  USD  Paypout  Shares* 
Present2.04%0.8422.22%8,080
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

Bank of America Stock performance

Finally, last moth Bank of America showed a return of -6.70% compared to a worldwide 1.12% average, and a 1.75% of Financials firms. Over the last year, the company obtained a 6.50% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Banks firms.

Bank of America stock and market return