Bank of America Corporation (BAC)
Bank of America Corporation (BAC) is a multinational banking and financial services organization headquartered in the United States. It offers a wide range of banking, investing, asset management, and other financial and risk management products and services to individual consumers, small and middle-market businesses, and large corporations. Founded in 1998 through the merger of BankAmerica and NationsBank, it has grown to become one of the largest and most influential financial institutions globally.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 26, 2025 | $0.28 | 2025-09-05 | 2025-09-05 |
| June 27, 2025 | $0.26 | 2025-06-06 | 2025-06-06 |
| March 28, 2025 | $0.26 | 2025-03-07 | 2025-03-07 |
| December 27, 2024 | $0.26 | 2024-12-06 | 2024-12-06 |
| September 27, 2024 | $0.26 | 2024-09-06 | 2024-09-06 |
Dividends Summary
- Bank of America Corporation has issued 86 dividend payments over the past 21 years
- The most recent dividend was paid 11 days ago, on September 26, 2025
- The highest dividend payed out to investors during this period was $0.80 per share
- The average dividend paid during this period was $0.21 per share.
Company News
US companies are on track to hit a record $1.1 trillion in stock buybacks by the end of 2025, with the top 20 S&P 500 companies dominating 51.3% of total buyback activity, despite a decline in the number of companies announcing repurchases.
AeroVironment reported strong Q1 earnings, securing significant defense contracts including a $499 million Air Force R&D contract and a $240 million laser communications order. The company raised its earnings per share forecast and saw its stock surge 30.5% in September.
The ongoing government shutdown has prevented the Bureau of Labor Statistics from publishing the September Employment Situation report, complicating the Federal Reserve's monetary policy decisions. Despite the data gap, markets still expect a 25 basis point interest rate cut in October, with high confidence in the Fed's actions.
Kuntarahoitus Oyj is issuing a $1.5 billion reference loan with a 3.625% annual interest rate, maturing on 6.10.2028, under its €50 billion bond program.
Despite a sell-off in bank stocks, investors are buying corporate bonds issued by major banks like Citigroup and Bank of America, suggesting a flight to safety amid economic uncertainty.
