Bank of America dividend history
Bank of America's dividend was $1.08 a share in fiscal 2025, up 8.0% on the year before. That was 31.3% of net income. It has raised its dividend per share every year since fiscal 2015, as far back as our figures go.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $25.6B
- Dividends (TTM)
- $9.9B
- Returned to shareholders
- 91%
- of free cash flow
- Buybacks, last 3 fiscal years
- $39.1B
- Diluted share count
- −4.2%
- year over year
- Total shareholder yield
- 10.3%
- dividends 2.9% + buybacks 7.5% of market value
- Dividend payout ratio
- 31%
- of net income paid out
Dividends by fiscal year
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | — | — | — | — | — | — | $0.200 | $0.250 | $0.390 | $0.540 | $0.660 | $0.720 | $0.780 | $0.860 | $0.920 | $1.00 | $1.08 | — |
| Dividend per share growth | — | — | — | — | — | — | — | +25.0% | +56.0% | +38.5% | +22.2% | +9.1% | +8.3% | +10.3% | +7.0% | +8.7% | +8.0% | — |
| Dividends paid | 4.9 | 1.8 | 1.7 | 1.9 | 1.7 | 2.3 | 3.6 | 4.2 | 5.7 | 6.9 | 5.9 | 7.7 | 8.1 | 8.6 | 9.1 | 9.5 | 9.6 | 9.9 |
| Share buybacks | 0.0 | — | — | 0.0 | 3.2 | 1.7 | 2.4 | 5.1 | 12.8 | 20.1 | 28.1 | 7.0 | 25.1 | 5.1 | 4.6 | 13.1 | 21.4 | 25.6 |
| Dividends ÷ net income | 77.5% | — | 120.2% | 45.6% | 14.7% | 41.8% | 22.5% | 23.5% | 31.3% | 24.5% | 21.6% | 43.2% | 25.2% | 31.2% | 34.5% | 35.2% | 31.3% | 30.8% |
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