When was Bank of America's last dividend? (2024)

When was Bank of America's last dividend?

Bank of America Corporation's latest ex-dividend date was on February 29, 2024 . The BAC stock shareholders received the last dividend payment of $0.24 per share on March 29, 2024 . Bank of America Corporation's next dividend payment has not been announced at this time.

How many times a year does Bank of America pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 10.3. Our premium tools have predicted Bank Of America Corp.

What is the dividend for BAC in 2024?

CHARLOTTE, NC – Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on March 29, 2024 to shareholders of record as of March 1, 2024.

What is final dividend record date?

The record date will usually be the trading day following the ex-dividend date, which is the trading date the dividend is no longer owed to new buyers of the stock. To be eligible for the upcoming dividend, you must buy the stock at least two business days before the record date.

Is Bank of America stock a good buy now?

The highest analyst price target is $45.00 ,the lowest forecast is $33.00. The average price target represents 13.49% Increase from the current price of $35.21. What do analysts say about Bank of America? Bank of America's analyst rating consensus is a Moderate Buy.

Does Bank of America pay good dividends?

How does BAC dividend yield compare to the market? Notable Dividend: BAC's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.57%). High Dividend: BAC's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (4.87%).

What is the stock price forecast for Bank of America in 2024?

Bank of America Stock Price Forecast 2024-2025

The forecasted Bank of America price at the end of 2024 is $41.30 - and the year to year change +23%. The rise from today to year-end: +20%. In the middle of 2024, we expect to see $38.11.

Does BAC pay monthly dividends?

Bank of America Corporation ( BAC ) pays dividends on a quarterly basis. Bank of America Corporation ( BAC ) has increased its dividends for 11 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

What is the dividend forecast?

The Dividend Forecasting product helps financial institutions price derivatives and better understand how companies are performing. The product delivers precise forecasts of the size and timing of dividend payments based on equity research, market announcements and unique quantitative insight.

Can you buy a stock right before dividend?

The ex-dividend date is one business day before the record date when the shares begin to trade without their dividend. If you buy stocks one day or more before their ex-dividend date, you will still get the dividend. That's when a stock is said to trade cum-dividend, or with dividend.

Is it better to buy before or after ex-dividend date?

The stock price drops by the amount of the dividend on the ex-dividend date. Remember, the ex-dividend date is the day before the record date. If investors want to receive a stock's dividend, they have to buy shares of stock before the ex-dividend date.

Who holds the most Bank of America stock?

Berkshire Hathaway (BRK.A 0.36%)(BRK.B 0.21%): Warren Buffett's Berkshire Hathaway is the largest Bank of America shareholder, with 1.03 billion shares amounting to a 13% stake. As of March 2024, it was the second-largest of Warren Buffett's stock holdings after Apple (AAPL -0.81%), worth almost $37 billion.

Who has the most shares in Bank of America?

Berkshire Hathaway Inc. owns the most shares of Bank of America (BAC).

What is the new dividend for Bank of America?

CHARLOTTE, N.C., Jan. 31, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on March 29, 2024 to shareholders of record as of March 1, 2024.

Is Bank of America a good long term stock?

Experts have mixed opinions about Bank of America (BAC-N) with some seeing it as a top pick due to its global presence, steady performance, and potential for growth. Others have concerns about the impact of rising interest rates, underwater bonds, and the overall banking industry turmoil in the US.

Why is BAC stock tanking?

Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here's what the company reported compared to Wall Street expectations, according to LSEG, formerly known as Refinitiv: Earnings per share: 70 cents, adjusted vs. 68 cents expected.

What do analysts say about Bank of America?

Wall Street expects BofA's net interest income, or NII, to dip to $13.8 billion from $14.6 billion a year ago, according to analysts surveyed by FactSet. Barclays analyst Jason Goldberg said he expects lower NII thanks to softer loan growth and higher funding costs.

Is BAC undervalued?

Share Price vs Fair Value

For this estimate we use a Discounted Cash Flow model. Significantly Below Fair Value: BAC is trading below fair value, but not by a significant amount.

Is Bank of America a buy or sell?

Is Bank of America stock a Buy, Sell or Hold? Bank of America stock has received a consensus rating of buy. The average rating score is A1 and is based on 49 buy ratings, 23 hold ratings, and 6 sell ratings.

Where will the S and P be in 10 years?

Returns in the S&P 500 over the coming decade are more likely to be in the 3%-6% range, as multiples and margins are unlikely to expand, leaving sales growth, buybacks, and dividends as the main drivers of appreciation.

Will Bank of America grow?

CHARLOTTE, NC – Bank of America today announced it will expand its financial center network into nine new markets over the next four years, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities.

Did Bank of America increase the dividend on common stock?

CHARLOTTE, NC – Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, up $0.02 from the prior quarter. The dividend is payable on September 29, 2023 to shareholders of record as of September 1, 2023.

Are monthly dividend stocks better?

Monthly dividends can be a big benefit to income-oriented investors, especially those who are in retirement or relying on dividends as an important source of income. Low commission rates start at $0 for U.S. listed stocks & ETFs*. Margin loan rates from 5.83% to 6.83%.

What are the 3 dividend dates?

For some, cash dividends are a crucial for their retirement income; for others, it's just another source of return on the stock. Stock dividends have key dates that investors must understand otherwise they will miss out on payments. The three dates are the date of declaration, date of record, and date of payment.

What are the four dividend dates?

There are four dates to know when it comes to companies' dividends: the declaration date, the ex-dividend date, the record date, and the payable date. On the ex-dividend date, stock prices typically decline by the amount of the dividend.

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