Bank of America Corporation Dividend Yield: 0.50%
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BAC Dividend Yield Rankings
| Overall | 60th percentile | 1855 of 4677 |
| Sector | 35th percentile | 630 of 971 in Financial |
| Industry | 53rd percentile | 38 of 82 in Regional - Mid-Atlantic Banks |
BAC Dividend Yield Range, Past 5 Years
| Minimum | 1.23% | Mar 1997 |
| Maximum | 6.21% | Dec 1990 |
| Average |
About Dividend Yield
The dividend yield is the sum company's annual dividends per share, divided by the current price per share. It is often expressed as a percentage. It the reciprocal of the price/dividend ratio. By investing in a company with a high dividend yield, investors can secure a relatively stable cash flow. However, it is important to note that sometimes dividend yields are high when a company is facing financial trouble, and the company may cut the dividend in the near future.
For example, if a stock trades at $36 and pays $1.80 in dividends over the course of one year ($.45 per quarter), the company's dividend yield is 5%.
Learn More
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