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That s an important consideration for a dividend stock.

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Since that time bank of america has raised the payout each year to the current 0 72 annual dividend per share good for seven consecutive years of growth. Lending derivatives and other commercial banking activities are performed globally by banking affiliates of bank of america corporation including bank of america n a member fdic. Bank of america corp. Nyse stock bank of america dividend policy.

A stock s dividend uptrend rating is dependent on the company s price to earnings p e ratio to evaluate whether or not a stock s dividend is likely to trend upward. See complete stock analysis and upcoming dividend payout for bac n. The management team has to be willing and able to raise the payout and bank of america checks that box. Bank of america declares quarterly stock dividends october 21 2020 at 4 15 pm eastern bank of america corporation today announced the board of directors declared a regular quarterly cash dividend on bank of america common stock of 0 18 per share payable on december 24 2020 to shareholders of record as of december 4 2020.

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