Bank of America (BAC) has touched its pre-ex close within 30 trading days in 95% of the last 19 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.29), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, BAC sits roughly in line with the Financial Services sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next ex-dividend date is estimated at Sep 4, 2026 (±0 days), based on the historical pattern; the company has not yet declared a dividend.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.29in line with sector
Recovery engine
TL;DR over the most recent 19 events.
| Metric | Value | vs sector |
|---|---|---|
| 30-day touch rate | 95% | in line with sector |
| Median days-to-touch | 1d | in line with sector |
| Signal-to-noise (div / ATR) | 0.29 | in line with sector |
| Avg gap on ex-date | -0.46% | +0.12pp vs sector |
| Win rate at MOC exit | 35% | — |
| Median drawdown during hold | -3.72% | +0.66pp vs sector |
| Best / worst touch (days) | 1 / 19 | — |
Next ex-dividend
Estimated from historical pattern ±0 days.
| Dividend | $0.28 |
| Per-event yield | 0.56% |
| Annualized yield | 2.08% |
| Previously paid | Mar 6, 2026 ($0.28) |
| Last record date | Mar 6, 2026 |
| Last payment date | Mar 27, 2026 |
BAC Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Bank of America (BAC). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.28 | -2.53% | $49.81 | 19 | no | yes | -7.41% | -5.64% | |
| Q4 | $0.28 | -0.42% | $54.16 | 1 | yes | yes | -1.64% | +2.33% | |
| Q3 | $0.28 | -0.36% | $50.62 | 1 | yes | yes | -3.44% | +0.47% | |
| Q2 | $0.26 | 0.70% | $44.38 | 1 | yes | yes | -1.62% | -0.07% | |
| Q1 | $0.26 | -0.36% | $41.46 | 1 | yes | yes | -5.50% | -0.75% | |
| Q4 | $0.26 | 0.13% | $47.00 | 1 | yes | yes | -7.85% | -2.28% | |
| Q3 | $0.26 | -0.92% | $40.14 | 10 | no | yes | -5.31% | -3.06% | |
| Q2 | $0.24 | -1.06% | $39.70 | 1 | yes | yes | -3.12% | -0.55% | |
| Q1 | $0.24 | 0.06% | $34.31 | 1 | yes | yes | -0.82% | +4.55% | |
| Q4 | $0.24 | -0.33% | $30.31 | 1 | yes | yes | -0.89% | +1.95% | |
| Q3 | $0.24 | -0.38% | $29.04 | 2 | yes | yes | -3.72% | -1.52% | |
| Q2 | $0.22 | -0.11% | $27.79 | 1 | yes | yes | -1.62% | +5.97% | |
| Q1 | $0.22 | -1.41% | $34.14 | 2 | yes | yes | -18.92% | -9.90% | |
| Q4 | $0.22 | -0.92% | $37.85 | >30 | no | no | -15.30% | -13.71% | |
| Q3 | $0.22 | -0.80% | $33.61 | 2 | yes | yes | -2.98% | +4.61% | |
| Q2 | $0.21 | -0.71% | $36.67 | 1 | yes | yes | -14.84% | -5.32% | |
| Q1 | $0.21 | -0.16% | $43.16 | 1 | yes | yes | -11.56% | -5.28% | |
| Q4 | $0.21 | 1.12% | $43.84 | 1 | yes | yes | -1.03% | +1.96% | |
| Q3 | $0.21 | -0.19% | $41.19 | 1 | yes | yes | -3.71% | -1.72% | |
| Q2 | $0.18 | -0.40% | $42.94 | 1 | yes | yes | -5.29% | -2.49% |
- -5.64%
- +2.33%
- +0.47%
- -0.07%
- -0.75%
- -2.28%
- -3.06%
- -0.55%
- +4.55%
- +1.95%
- -1.52%
- +5.97%
- -9.90%
- -13.71%
- +4.61%
- -5.32%
- -5.28%
- +1.96%
- -1.72%
- -2.49%
BAC Pre-Ex Touch Time Distribution
First trading session whose intraday high reached the pre-ex close within the 30-day measurement window. td = trading days from ex-date.
| Touch window | Distribution | Count | Share |
|---|---|---|---|
| ≤ 1 day | 14 | 70% | |
| 2–3 days | 3 | 15% | |
| 4–5 days | 0 | 0% | |
| 6–10 days | 1 | 5% | |
| 11–30 days | 1 | 5% | |
| 30+ | 1 | 5% |
BAC Dividend Capture Calculator — After-Tax Yield
Pre-filled with BAC's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
U.S. ordinary-income rate (22-37%) applies on holds shorter than 61 days. Hold longer to qualify for the 0/15/20% qualified-dividend rate.
- Gross dividend
- $56.00
- After-tax dividend
- $36.40
- Slippage round-trip
- -$9.96
- Net if price returns to pre-ex
- +$26.44
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.27%
- Annual if all succeed
- ~13.4%
BAC Dividend Capture Backtest Simulator
Replay every historical BAC ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close, or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · BAC (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| +0.42% | |
| +0.51% | |
| +0.48% | |
| +0.49% | |
| +0.57% | |
| +0.65% | |
| -13.71% | |
| +0.64% | |
| +0.79% | |
| +0.83% | |
| +0.79% | |
| +0.70% | |
| +0.60% | |
| -3.06% | |
| +0.55% | |
| +0.63% | |
| +0.59% | |
| +0.55% | |
| +0.52% | |
| -5.64% |
Results are illustrative only and are not financial advice. Capture simulations use historical prices and simplified costs and tax assumptions. Actual fills, borrow fees, and market rules vary. Consult a qualified advisor before trading.