Bank of America Corporation to Issue Quarterly Dividend of $0.28 (NYSE:BAC)

Bank of America Corporation (NYSE:BAC) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Friday, March 6th will be given a dividend of 0.28 per share by the financial services provider on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, March 6th.

Bank of America has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 11 consecutive years. Bank of America has a payout ratio of 26.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Bank of America to earn $4.36 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 25.7%.

Bank of America Stock Performance

Bank of America stock traded up $0.73 during trading hours on Wednesday, hitting $55.18. 33,580,846 shares of the stock traded hands, compared to its average volume of 39,092,711. The firm’s 50 day moving average price is $54.24 and its 200-day moving average price is $51.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $402.94 billion, a price-to-earnings ratio of 14.41, a P/E/G ratio of 1.32 and a beta of 1.29. Bank of America has a 1 year low of $33.06 and a 1 year high of $57.55.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $27.73 billion. During the same quarter in the previous year, the company posted $0.82 earnings per share. The company’s revenue was up 12.3% compared to the same quarter last year. As a group, equities analysts expect that Bank of America will post 3.7 EPS for the current fiscal year.

Key Headlines Impacting Bank of America

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: Board declared a regular quarterly cash dividend of $0.28 per share (payable March 27; record/ex‑dividend dates in March). The payout supports yield-oriented demand and signals capital return discipline. Article Title
• Positive Sentiment: Bank of America Institute reports strong local consumer spending lifts around NFL games (Super Bowl), which could translate into higher card volumes and fee income for consumer-facing banks like BAC. Article Title
• Neutral Sentiment: BofA Research raised its near‑term India rupee forecast after a U.S.–India trade deal, highlighting active FX/research operations but with limited direct impact on BAC’s core U.S. franchise. Article Title
• Neutral Sentiment: BofA Securities continues active analyst coverage and rating changes across other names (e.g., Digital Turbine, Legence, MDU), which underscores the firm’s institutional research footprint but doesn’t directly change BAC fundamentals. Article Title
• Negative Sentiment: Analysts trimmed Bank of America price targets after the bank disclosed adjusted provisions and a pause in buybacks, which raises near‑term earnings/capital concerns and has pressured sentiment. Article Title
• Negative Sentiment: Michael Hartnett (BofA’s chief investment strategist) warned of a potential “sell signal” for global stocks—an elevated macro risk theme that could weigh on bank shares if risk‑off flows accelerate. Article Title
• Negative Sentiment: Coverage noted BofA navigating lawsuit exposure and policy roles (Epstein‑related litigation and stablecoin commentary), which add legal/regulatory overhang and uncertainty to the risk profile. Article Title

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.