Bank of America Corporation (BAC) Dividend
Bank of America Corporation (BAC) currently pays a dividend yield of 2.38%, distributing $1.28 per share annually ($0.32 per quarter). The company operates in the Financial Services sector.
BAC has raised its dividend for 12 consecutive years.
BAC dividend at a glance
| Dividend Yield | 2.38% |
|---|---|
| Annual Dividend | $1.28 per share |
| Per Payment | $0.32 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 4, 2026 |
| Next Payment Date | December 25, 2026 |
| Payout Ratio | 26% |
| Consecutive Years of Dividend Growth | 12 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $53.78 |
What BAC pays on a $10,000 investment
At a 2.38% yield, $10,000 invested in BAC generates about $238.00 per year, or roughly $59.50 every quarter. Share counts below use an implied price of $53.78, derived from the $1.28 annual dividend and the 2.38% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 18.6 | $23.80 | $5.95 |
| $5,000 | 93 | $119.00 | $29.75 |
| $10,000 | 185.9 | $238.00 | $59.50 |
| $25,000 | 464.8 | $595.00 | $148.75 |
| $100,000 | 1,859.4 | $2,380.00 | $595.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
BAC dividend payment schedule
BAC pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 4, 2026, with payment on December 25, 2026. Later rows are projected forward at the same interval and will shift when Bank of America Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 4, 2026 | December 25, 2026 | $0.32 | Confirmed |
| March 4, 2027 | March 25, 2027 | $0.32 | Projected |
| June 4, 2027 | June 25, 2027 | $0.32 | Projected |
| September 4, 2027 | September 25, 2027 | $0.32 | Projected |
To collect a BAC dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How BAC's dividend compares
Across the 714 dividend stocks and ETFs DivTrkr tracks, the median yield is 4.23%. BAC's 2.38% is 1.85 percentage points below that median, ranking 478th of 714 by yield.
Within Financial Services, where we track 119 names, the median yield is 9.09% — putting BAC below its sector.
Its 12-year run of dividend increases ranks 132nd out of the 363 names in our data with an active growth streak.
What the numbers mean
BAC pays out roughly 26% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, BAC distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
BAC dividend FAQ
When is the next BAC ex-dividend date?
The next BAC ex-dividend date is December 4, 2026, with the payment scheduled for December 25, 2026. You must own shares before the ex-dividend date to receive that payment.
What is BAC's dividend yield?
BAC currently yields 2.38%, based on $1.28 in dividends per share over the past year.
How often does BAC pay dividends?
BAC pays quarterly, which works out to 4 payments per year of about $0.32 per share.
How much dividend income would $10,000 of BAC generate?
At the current 2.38% yield, $10,000 invested in BAC would produce roughly $238.00 per year, or about $59.50 per quarter, before taxes and assuming the dividend holds.
Has BAC increased its dividend?
Yes — BAC has raised its dividend for 12 consecutive years.
BAC dividend history
DivTrkr holds 161 recorded BAC dividend payments going back to 1986, with 12 consecutive complete years of increases and +8.4% a year of growth over the last five complete years. See the full BAC dividend history — every payment, annual totals and growth by year.
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Track BAC dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.