Bank of America Corporation (BAC) Dividend History

NYSE: BACYield, payment dates, growth and payout ratio.

BAC latest dividend

$0.32last dividend per share
Ex-dividend dateSep 4Friday, 2026
Payment dateSep 25Friday, 2026

The next dividend has not been announced yet.

  • 12 yearsof dividend increases
  • 1986paying since
  • Quarterly4 payments a year
  • +8.4%5-year growth a year
  • 2.50%forward yield

BAC dividend income calculator

Dividend income a year
$128
Each payment
$32
Value of the shares
$5,123
Dividend yield
2.50%

At the latest close; forward annual dividend $1.28 per share, before tax.

BAC dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

BAC dividend safety

Payout ratio (earnings)21.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)75.8%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+8.4%
Growing · a year on average
Years of increases12
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

BAC yield on cost

Bank of America Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$51.282.50%$1.162.3%
3 years ago$27.314.69%$3.2011.7%
5 years ago$46.282.77%$4.9510.7%
10 years ago$16.267.87%$7.9148.6%
20 years ago$53.812.38%$13.8025.6%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

BAC dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

BAC dividends by year

Bank of America Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.08+8.0%1.96%4
2024$1.00+8.7%2.28%4
2023$0.92+7.0%2.73%4
2022$0.86+10.3%2.60%4
2021$0.78+8.3%1.75%4
2020$0.72+9.1%2.38%4
2019$0.66+22.2%1.87%4
2018$0.54+38.5%2.19%4
2017$0.39+56.0%1.32%4
2016$0.25+25.0%1.13%4
2015$0.20+66.7%1.19%4
2014$0.12+200.0%0.67%4
2013$0.040.0%0.26%4
2012$0.040.0%0.34%4
2011$0.040.0%0.72%4
2010$0.040.0%0.30%4
2009$0.04−98.2%0.27%4
2008$2.24−6.7%15.91%4
2007$2.40+13.2%5.82%4
2006$2.12—3.97%4

BAC dividend history

164 payments
Bank of America Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-042026-09-25$0.32+14.3%Quarterly
2026-06-052026-06-26$0.28—Quarterly
2026-03-062026-03-27$0.28—Quarterly
2025-12-052025-12-26$0.28—Quarterly
2025-09-052025-09-26$0.28+7.7%Quarterly
2025-06-062025-06-27$0.26—Quarterly
2025-03-072025-03-28$0.26—Quarterly
2024-12-062024-12-27$0.26—Quarterly
2024-09-062024-09-27$0.26+8.3%Quarterly
2024-06-072024-06-28$0.24—Quarterly
2024-02-292024-03-29$0.24—Quarterly
2023-11-302023-12-29$0.24—Quarterly
2023-08-312023-09-29$0.24+9.1%Quarterly
2023-06-012023-06-30$0.22—Quarterly
2023-03-022023-03-31$0.22—Quarterly
2022-12-012022-12-30$0.22—Quarterly
Show all 164 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-012022-09-30$0.22+4.8%Quarterly
2022-06-022022-06-24$0.21—Quarterly
2022-03-032022-03-25$0.21—Quarterly
2021-12-022021-12-31$0.21—Quarterly
2021-09-022021-09-24$0.21+16.7%Quarterly
2021-06-032021-06-25$0.18—Quarterly
2021-03-042021-03-26$0.18—Quarterly
2020-12-032020-12-24$0.18—Quarterly
2020-09-032020-09-25$0.18—Quarterly
2020-06-042020-06-26$0.18—Quarterly
2020-03-052020-03-27$0.18—Quarterly
2019-12-052019-12-27$0.18—Quarterly
2019-09-052019-09-27$0.18+20.0%Quarterly
2019-06-062019-06-28$0.15—Quarterly
2019-02-282019-03-29$0.15—Quarterly
2018-12-062018-12-28$0.15—Quarterly
2018-09-062018-09-28$0.15+25.0%Quarterly
2018-05-312018-06-29$0.12—Quarterly
2018-03-012018-03-30$0.12—Quarterly
2017-11-302017-12-29$0.12—Quarterly
2017-08-302017-09-29$0.12+60.0%Quarterly
2017-05-312017-06-30$0.075—Quarterly
2017-03-012017-03-31$0.075—Quarterly
2016-11-302016-12-30$0.075—Quarterly
2016-08-312016-09-23$0.075+50.0%Quarterly
2016-06-012016-06-24$0.05—Quarterly
2016-03-022016-03-25$0.05—Quarterly
2015-12-022015-12-24$0.05—Quarterly
2015-09-022015-09-25$0.05—Quarterly
2015-06-032015-06-26$0.05—Quarterly
2015-03-042015-03-27$0.05—Quarterly
2014-12-032014-12-26$0.05—Quarterly
2014-09-032014-09-26$0.05+400.0%Quarterly
2014-06-202014-06-30$0.01—Quarterly
2014-03-052014-03-28$0.01—Quarterly
2013-12-042013-12-27$0.01—Quarterly
2013-09-042013-09-27$0.01—Quarterly
2013-06-052013-06-28$0.01—Quarterly
2013-02-272013-03-22$0.01—Quarterly
2012-12-052012-12-28$0.01—Quarterly
2012-09-052012-09-28$0.01—Quarterly
2012-05-302012-06-22$0.01—Quarterly
2012-02-292012-03-23$0.01—Quarterly
2011-11-302011-12-23$0.01—Quarterly
2011-08-312011-09-23$0.01—Quarterly
2011-06-012011-06-24$0.01—Quarterly
2011-03-022011-03-25$0.01—Quarterly
2010-12-012010-12-24$0.01—Quarterly
2010-09-012010-09-24$0.01—Quarterly
2010-06-022010-06-25$0.01—Quarterly
2010-03-032010-03-26$0.01—Quarterly
2009-12-022009-12-24$0.01—Quarterly
2009-09-022009-09-25$0.01—Quarterly
2009-06-032009-06-26$0.01—Quarterly
2009-03-042009-03-27$0.01−96.9%Quarterly
2008-12-032008-12-26$0.32−50.0%Quarterly
2008-09-032008-09-26$0.64—Quarterly
2008-06-042008-06-27$0.64—Quarterly
2008-03-052008-03-28$0.64—Quarterly
2007-12-052007-12-28$0.64—Quarterly
2007-09-052007-09-28$0.64+14.3%Quarterly
2007-05-302007-06-22$0.56—Quarterly
2007-02-282007-03-23$0.56—Quarterly
2006-11-292006-12-22$0.56—Quarterly
2006-08-302006-09-22$0.56+12.0%Quarterly
2006-05-312006-06-23$0.5—Quarterly
2006-03-012006-03-24$0.5—Quarterly
2005-11-302005-12-23$0.5—Quarterly
2005-08-312005-09-23$0.5+11.1%Quarterly
2005-06-012005-06-24$0.45—Quarterly
2005-03-022005-03-25$0.45—Quarterly
2004-12-012004-12-22$0.45—Quarterly
2004-09-012004-09-24$0.45+12.5%Quarterly
2004-06-022004-06-25$0.4—Quarterly
2004-03-032004-03-26$0.4—Quarterly
2003-12-032003-12-26$0.4—Quarterly
2003-09-032003-09-26$0.4+25.0%Quarterly
2003-06-042003-06-27$0.32—Quarterly
2003-03-052003-03-28$0.32—Quarterly
2002-12-042002-12-27$0.32+6.7%Quarterly
2002-09-042002-09-27$0.3—Quarterly
2002-06-052002-06-28$0.3—Quarterly
2002-02-272002-03-22$0.3—Quarterly
2001-12-052001-12-28$0.3+7.1%Quarterly
2001-09-052001-09-28$0.28—Quarterly
2001-05-302001-06-22$0.28—Quarterly
2001-02-282001-03-23$0.28—Quarterly
2000-11-292000-12-20$0.28+12.0%Quarterly
2000-08-302000-09-22$0.25—Quarterly
2000-05-312000-06-23$0.25—Quarterly
2000-03-012000-03-24$0.25—Quarterly
1999-12-011999-12-23$0.25+11.1%Quarterly
1999-09-011999-09-24$0.225—Quarterly
1999-06-021999-06-25$0.225—
1999-03-031999-03-26$0.225—Quarterly
1998-12-021998-12-23$0.225+18.4%Quarterly
1998-09-021998-09-25$0.19—Quarterly
1998-06-031998-06-26$0.19—Quarterly
1998-03-041998-03-27$0.19—Quarterly
1997-12-031997-12-24$0.19+15.2%Quarterly
1997-09-031997-09-26$0.165—Quarterly
1997-06-041997-06-27$0.165—Quarterly
1997-03-051997-03-28$0.165—Quarterly
1996-12-041996-12-27$0.165+13.8%Quarterly
1996-09-041996-09-27$0.145—Quarterly
1996-06-051996-06-28$0.145—Quarterly
1996-02-281996-03-22$0.145—Quarterly
1995-11-291995-12-20$0.145+16.0%Quarterly
1995-08-301995-09-22$0.125−75.0%Quarterly
1995-05-29—$0.5+300.0%
1995-05-261995-06-23$0.125—Quarterly
1995-02-271995-03-24$0.125—Quarterly
1994-11-281994-12-22$0.125+8.7%Quarterly
1994-08-291994-09-23$0.115—Quarterly
1994-05-271994-06-24$0.115—Quarterly
1994-02-281994-03-25$0.115+9.5%Quarterly
1993-11-291993-12-22$0.105—
1993-08-301993-09-24$0.105+5.0%
1993-05-281993-06-25$0.1—
1993-03-011993-03-26$0.1—
1992-11-301992-12-23$0.1+8.1%
1992-08-311992-09-25$0.0925—
1992-06-011992-06-26$0.0925—
1992-03-021992-03-27$0.0925—
1991-12-021991-12-27$0.0925—
1991-08-301991-09-27$0.0925—
1991-06-031991-06-28$0.0925—
1991-03-041991-03-22$0.0925—
1990-12-031990-12-28$0.0925+5.7%
1990-08-311990-09-28$0.0875—
1990-05-251990-06-22$0.0875—
1990-02-261990-03-23$0.0875+16.7%
1989-11-271989-12-22$0.075—
1989-08-281989-09-22$0.075+20.0%
1989-05-261989-06-23$0.0625—
1989-02-271989-03-23$0.0625—
1988-11-281988-12-23$0.0625+8.7%
1988-08-291988-09-23$0.0575—
1988-05-271988-06-24$0.0575—
1988-02-291988-03-25$0.0575—
1987-11-301987-12-24$0.0575+9.5%
1987-08-311987-09-25$0.0525—
1987-06-011987-06-26$0.0525—
1987-03-021987-03-27$0.0525—
1986-12-01—$0.0525+10.5%
1986-08-29—$0.0475—
1986-06-02—$0.0475—
1986-03-03—$0.0475—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

BAC stock split history

  • 2:1August 30, 2004
  • 2:1February 28, 1997
  • 2:1November 21, 1986

BAC dividend overview

Bank of America pays an annual dividend of $1.28 per share, a yield of 2.50% at the latest close, paid quarterly. It paid $1.08 per share in 2025, up 8.0% from 2024. It has raised its dividend for 12 consecutive years. Over five years the dividend grew 8.4% a year on average and over ten years 18.4% a year. The payout ratio is 21.3% of trailing earnings.

Related: BAC cash flow statement, BAC key metrics, BAC chart. See the BAC stock overview for the latest quote and news.

BAC dividends FAQ

Does Bank of America pay a dividend?

Yes. Bank of America has paid a regular dividend since 1986, quarterly, most recently $0.32 per share with an ex-dividend date of September 4, 2026.

What is Bank of America's dividend yield?

Bank of America's forward annual dividend is $1.28 per share, a dividend yield of 2.50% at the latest close of $51.23.

How often does Bank of America pay dividends?

Bank of America pays dividends quarterly.

How fast is Bank of America's dividend growing?

Bank of America's dividend per share grew from $0.72 in 2020 to $1.08 in 2025, 8.4% a year on average over five years; it has increased for 12 years in a row.

What is Bank of America's dividend payout ratio?

Bank of America pays out 21.3% of its trailing earnings as dividends and 75.8% of its free cash flow (fiscal 2025).

Has Bank of America split its stock?

Bank of America has split its stock 3 times: 2:1 on August 30, 2004, 2:1 on February 28, 1997, 2:1 on November 21, 1986. Dividends per share on this page are adjusted for splits.

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