Will Bank of America raise dividend in 2021?
Starting in Q3 2021, Bank of America Corporation ( NYSE: BAC ) will increase its quarterly common stock dividend to US$0.21 per share. This represents a 17% increase from the current levels, and it was announced following the latest successful stress test that the bank passed on June 24 .
What is the dividend of Bank of America stock?
20, 2021 /PRNewswire/ — Bank of America today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.21 per share, payable on December 31, 2021 to shareholders of record as of December 3, 2021.
What was Bank of America’s last dividend?
Dividend History for Bank of America Corp. (BAC)
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Did Bank of America raise their dividend?
Bank of America Corp. on Wednesday said its board approved a 17% increase to the company’s quarterly cash dividend. The company said the new dividend of 21 cents per share will be payable Sept. 24 to shareholders of record on Sept.
How often does Bank of America pay dividends?
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 10.3.
Is Bank of America a good stock?
In a nutshell, Bank of America is a good long-term investment, as the bank has done well in the area of digitalization and there is room for an expansion in its P/B valuation multiple to bridge the gap with its peers.
Is Bank of America a good dividend stock?
Its online banking platform is now rated one of the best. Bank of America has regularly increased its dividend payment since 2014, and its recent dividend yield of 2.2% exceeds the average dividend yield of S&P 500 stocks. Bank of America is both fully focused on, and helping to create, the future of banking.
Does Coca Cola pay a dividend?
Coca-Cola (NYSE:KO) is the best dividend stock you can buy today. … Coca-Cola is a true Dividend Aristocrat. A Dividend Aristocrat is a company that has paid and raised its dividend for at least 25 consecutive years. Coca-Cola has actually raised its payout for the past 59 years in a row.
Does Amazon pay a dividend?
Amazon’s lack of a dividend certainly has not hurt investors to this point, as Amazon has been a premier growth stock. Over the past 10 years, Amazon stock generated returns of approximately 32% per year. But for income investors, Amazon may not be an attractive option due to the lack of a dividend payment.
What dividend does Wells Fargo pay?
SAN FRANCISCO, July 27, 2021–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.20 per share, payable Sept. 1, 2021, to stockholders of record on Aug.