The historical rank and industry rank for Bank of America's 3-Year Dividend Growth Rate or its related term are showing as below:
WBO:BOAC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -74.5 Med: 13.5 Max: 84.2
Current: 8.5
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of America was 84.20% per year. The lowest was -74.50% per year. And the median was 13.50% per year.
WBO:BOAC's 3-Year Dividend Growth Rate is ranked better than 51.71% of 791
companies
in the Banks industry
Industry Median: 7.9
vs WBO:BOAC: 8.50
During the past 12 months, Bank of America's average Dividends Per Share Growth Rate was 8.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 31.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Bank of America Corp stock dividend yield is close to 2-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Bank of America's 3-Year Dividend Growth Rate
For the Banks - Diversified subindustry, Bank of America's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bank of America's 3-Year Dividend Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Bank of America's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Bank of America's 3-Year Dividend Growth Rate falls into.
Bank of America 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Bank of America (WBO:BOAC) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Bank of America's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Bank of America was 0.39. The lowest was 0.15. And the median was 0.24.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Bank of America Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.260000
2024-12-06
2024-12-06
2024-12-27
Cash Dividend
quarterly
USD:EUR 0.942000
USD 0.260000
2024-09-06
2024-09-06
2024-09-27
Cash Dividend
quarterly
USD:EUR 0.901000
USD 0.240000
2024-06-07
2024-06-07
2024-06-28
Cash Dividend
quarterly
USD:EUR 0.929000
USD 0.240000
2024-02-29
2024-03-01
2024-03-29
Cash Dividend
quarterly
USD:EUR 0.927000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Bank of America's Dividend Yield (%) for Today is calculated as
Current Share Price is €43.86.
Bank of America's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.92462.
During the past 13 years, the highest Dividend Yield of Bank of America was 3.58%. The lowest was 0.44%. And the median was 1.86%.
Warning Sign:
Bank of America Corp stock dividend yield is close to 2-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of America 3-Year Dividend Growth Rate Related Terms>
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
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