Bank of America (BAC) Dividend History & Yield
Bank of America (BAC) has increased its dividend for 13 consecutive years and currently yields 2.23%. The most recent payment was $0.2800/share on Mar 6, 2026, paid Quarterly.
Current Yield
2.23%
TTM Dividend/Share
$1.10
Payment Frequency
Quarterly
Payout Ratio
31.3%
Consecutive Growth Years
13
Div Growth (1Y CAGR)
8.00%
Div Growth (5Y CAGR)
8.45%
Div Growth (10Y CAGR)
18.37%
Dividend Safety Score
5 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 31.3%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($1.71) covers dividend/share ($1.10).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
13 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 6, 2026
- Payment date
- Mar 27, 2026
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
- Yield (ex-date)
- 2.26%
Ex-date Dec 5, 2025
- Payment date
- Dec 26, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
- Yield (ex-date)
- 2.00%
Ex-date Sep 5, 2025
- Payment date
- Sep 26, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
- Yield (ex-date)
- 2.13%
Ex-date Jun 6, 2025
- Payment date
- Jun 27, 2025
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
- Yield (ex-date)
- 2.31%
Ex-date Mar 7, 2025
- Payment date
- Mar 28, 2025
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
- Yield (ex-date)
- 2.46%
Ex-date Dec 6, 2024
- Payment date
- Dec 27, 2024
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
- Yield (ex-date)
- 2.14%
Ex-date Sep 6, 2024
- Payment date
- Sep 27, 2024
- Dividend
- $0.2600
- Adj. dividend
- $0.2600
- Yield (ex-date)
- 2.53%
Ex-date Jun 7, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 2.41%
Ex-date Feb 29, 2024
- Payment date
- Mar 29, 2024
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 2.72%
Ex-date Nov 30, 2023
- Payment date
- Dec 29, 2023
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.02%
Ex-date Aug 31, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $0.2400
- Adj. dividend
- $0.2400
- Yield (ex-date)
- 3.14%
Ex-date Jun 1, 2023
- Payment date
- Jun 30, 2023
- Dividend
- $0.2200
- Adj. dividend
- $0.2200
- Yield (ex-date)
- 3.17%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 6, 2026 | Mar 27, 2026 | $0.2800 | $0.2800 | 2.26% |
| Dec 5, 2025 | Dec 26, 2025 | $0.2800 | $0.2800 | 2.00% |
| Sep 5, 2025 | Sep 26, 2025 | $0.2800 | $0.2800 | 2.13% |
| Jun 6, 2025 | Jun 27, 2025 | $0.2600 | $0.2600 | 2.31% |
| Mar 7, 2025 | Mar 28, 2025 | $0.2600 | $0.2600 | 2.46% |
| Dec 6, 2024 | Dec 27, 2024 | $0.2600 | $0.2600 | 2.14% |
| Sep 6, 2024 | Sep 27, 2024 | $0.2600 | $0.2600 | 2.53% |
| Jun 7, 2024 | Jun 28, 2024 | $0.2400 | $0.2400 | 2.41% |
| Feb 29, 2024 | Mar 29, 2024 | $0.2400 | $0.2400 | 2.72% |
| Nov 30, 2023 | Dec 29, 2023 | $0.2400 | $0.2400 | 3.02% |
| Aug 31, 2023 | Sep 29, 2023 | $0.2400 | $0.2400 | 3.14% |
| Jun 1, 2023 | Jun 30, 2023 | $0.2200 | $0.2200 | 3.17% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Bank of America has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 13 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.0800 | — | — |
| 2025 | $1.0000 | $1.0800 | +8.0% |
| 2024 | $0.9200 | $1.0000 | +8.7% |
| 2023 | $0.8600 | $0.9200 | +7.0% |
| 2022 | $0.7800 | $0.8600 | +10.3% |
| 2021 | $0.7200 | $0.7800 | +8.3% |
| 2020 | $0.6600 | $0.7200 | +9.1% |
| 2019 | $0.5400 | $0.6600 | +22.2% |
| 2018 | $0.3900 | $0.5400 | +38.5% |
| 2017 | $0.2500 | $0.3900 | +56.0% |
| 2016 | $0.2000 | $0.2500 | +25.0% |
| 2015 | $0.1200 | $0.2000 | +66.7% |
| 2014 | $0.0400 | $0.1200 | +200.0% |
| 2013 | $0.0400 | $0.0400 | 0.0% |
| 2012 | $0.0400 | $0.0400 | 0.0% |
| 2011 | $0.0400 | $0.0400 | 0.0% |
| 2010 | $0.0400 | $0.0400 | 0.0% |
| 2009 | $2.2400 | $0.0400 | -98.2% |
| 2008 | $2.4000 | $2.2400 | -6.7% |
| 2007 | $2.1200 | $2.4000 | +13.2% |
| 2006 | $1.9000 | $2.1200 | +11.6% |
| 2005 | $1.7000 | $1.9000 | +11.8% |
| 2004 | $1.4400 | $1.7000 | +18.1% |
| 2003 | $1.2200 | $1.4400 | +18.0% |
| 2002 | $1.1400 | $1.2200 | +7.0% |
| 2001 | $1.0300 | $1.1400 | +10.7% |
| 2000 | $0.9250 | $1.0300 | +11.4% |
| 1999 | $0.7950 | $0.9250 | +16.4% |
| 1998 | $0.6850 | $0.7950 | +16.1% |
| 1997 | $0.6000 | $0.6850 | +14.2% |
| 1996 | $1.0200 | $0.6000 | -41.2% |
| 1995 | $0.4700 | $1.0200 | +117.0% |
| 1994 | $0.4100 | $0.4700 | +14.6% |
| 1993 | $0.3775 | $0.4100 | +8.6% |
| 1992 | $0.3700 | $0.3775 | +2.0% |
| 1991 | $0.3550 | $0.3700 | +4.2% |
| 1990 | $0.2750 | $0.3550 | +29.1% |
| 1989 | $0.2350 | $0.2750 | +17.0% |
| 1988 | $0.2150 | $0.2350 | +9.3% |
| 1987 | $0.5275 | $0.2150 | -59.2% |
| 1986 | — | $0.5275 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Bank of America pay dividends?
- Yes, Bank of America (BAC) pays quarterly dividends of approximately $1.10 per share annually, yielding 2.23%.
What is Bank of America's dividend yield?
- Bank of America (BAC) has a current dividend yield of 2.23%.
Is Bank of America's dividend safe?
- Bank of America (BAC) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Bank of America increased its dividend?
- Bank of America (BAC) has 13 consecutive years of dividend increases.
What is Bank of America's dividend payout ratio?
- Bank of America (BAC) has a dividend payout ratio of 31.3%.