The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on October 25, 2021 to shareholders of record as of October 15, 2021. … Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Will Bank of America raise dividends 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 .
Is Bank of America a good stock to buy?
With a forward yield of 2%, exciting prospects for dividend growth in the next few years, and a fairly valued stock, Bank of America seems a good candidate for every dividend investor’s portfolio.
Why Bank of America shares are down?
Bank of America, the second-largest bank by assets in the U.S., saw revenue decline 4% to $21.5 billion from the year-ago quarter due to the impact of low interest rates and a drop in trading activity. Analysts surveyed by FactSet were expecting revenue of $21.8 billion.
Is Bank of America a good stock for 2021?
Going into 2021, Bank of America chose its favorite stock in each of the 11 S&P 500 sectors. Keep in mind that six of the sectors themselves are beating the S&P 500 this year, while five are lagging. Such a mixed bag highlights just how tricky this market, flipping from growth to value and back, has been.
Are bank stocks a good buy right now?
Bank Stocks have been up to a good start in 2021 and are outperforming in the market. But recently, bank stocks fell sharply in response to the Federal Reserve meeting in June’21. The minutes of the meeting stated that the US central bank foresees rates rising in 2023.
What was Bank of America highest stock price?
The latest closing stock price for Bank Of America as of August 24, 2021 is 41.48.
- The all-time high Bank Of America stock closing price was 54.90 on November 16, 2006.
- The Bank Of America 52-week high stock price is 43.49, which is 4.8% above the current share price.
Can I buy stock through Bank of America?
Direct Stock Purchase Plan – You can purchase your initial shares directly through the Bank of America Corporation Investment Plan. You can review a summary of plan features, view plan materials or open an account online to begin investing in Bank of America.
What stock pays the highest dividend?
25 Top-Paying Dividend Stocks That Will Make You Rich
- Franklin Resources. …
- Walgreens Boots Alliance. …
- AbbVie Inc. …
- Federal Realty Investment Trust. …
- People’s United Financial. Annual dividend: $0.72. …
- Chevron Corp. Annual dividend: $5.16. …
- AT&T Inc. Annual dividend: $2.08. …
- Exxon Mobil Corp. Annual dividend: $3.48.
What stock pays the best dividend?
(NYSE: ABBV), Chevron Corporation (NYSE: CVX), The Coca-Cola Company (NYSE: KO), and International Business Machines Corporation (NYSE: IBM), T. Rowe Price Group, Inc. (NASDAQ: TROW) is one of the best dividend-paying stocks to buy now according to market analysts.
What is Apple stock dividend?
|January 27, 2021||February 8, 2021||$0.205|
|October 29, 2020||November 9, 2020||$0.205|
|July 30, 2020||August 24, 2020||N/A|
|July 30, 2020||August 10, 2020||$.82|