Bank of America Declares Quarterly Cash Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Should l Buy BAC?
Source: PRnewswire
Bank of America Corp's stock rose 3.05% and reached a 20-day high amid positive market conditions, with the Nasdaq-100 up 1.79% and the S&P 500 up 1.60%.
The increase in stock price is attributed to the announcement of a regular quarterly cash dividend of $0.28 per share, reflecting the company's commitment to shareholder returns. This dividend, payable on March 27, 2026, to shareholders of record as of March 6, 2026, is expected to enhance investor confidence in the bank's financial stability and growth prospects.
This dividend declaration not only signifies Bank of America's strong performance but also reinforces its strategy to return value to shareholders, which could attract more investors and support further stock price appreciation.
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Analyst Views on BAC
Wall Street analysts forecast BAC stock price to rise
19 Analyst Rating
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 52.740
Low
55.00
Averages
61.64
High
71.00
Current: 52.740
Low
55.00
Averages
61.64
High
71.00
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- No Minimum Participation: The program is open to clients with a Bank of America personal checking account and requires no minimum balance, with membership tiers based on account balances, allowing clients to earn rewards valued up to $4,000 annually, reflecting the bank's commitment to diverse client needs.
- Diverse Reward Offerings: BofA Rewards includes various incentives such as credit card rewards of up to 75% on purchases, cash-back deals from over 15,000 brands, and exclusive discounts on home and auto loans, designed to meet clients' needs at different life stages.
- Premium Member Benefits: Preferred Honors and Premier tier members can receive reimbursements for popular subscriptions, with credits of up to $96 per year for Preferred Honors and up to $180 for Premier members, further enhancing loyalty and satisfaction among high-end clients.
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- Growth Potential: Dennerlein believes the company's conservative guidance can be exceeded, particularly due to significant debt refinancing and M&A activities, which will enhance overall performance across its diversified business segments.
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