Bank of America Corporation (BAC) Ex-Dividend Date Scheduled for February 27, 2013

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Bank of America Corporation ( BAC ) will begin trading ex-dividend on February 27, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on March 22, 2013. Shareholders who purchased BAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that BAC has paid the same dividend.

The previous trading day's last sale of BAC was $11.44, representing a -7.89% decrease from the 52 week high of $12.42 and a 70.24% increase over the 52 week low of $6.72.

BAC is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). BAC's current earnings per share, an indicator of a company's profitability, is $.25. Zacks Investment Research reports BAC's forecasted earnings growth in 2013 as 305.23%, compared to an industry average of 2.9%.


For more information on the declaration, record and payment dates, visit the BAC Dividend History page.

Interested in gaining exposure to BAC through an Exchange Traded Fund [ETF]?
The following ETF(s) have BAC as a top-10 holding:

  • PowerShares Fundamental Pure Large Value Portfolio ( PXLV )
  • iShares Dow Jones U.S. Financial Services Index Fund ( IYG )
  • RevenueShares Financials Sector ( RWW )
  • Select Sector SPDR Fund - Financial ( XLF )
  • PowerShares KBW Bank Portfolio ETF ( KBWB ).

The top-performing ETF of this group is PXLV with an increase of 23.75% over the last 100 days. It also has the highest percent weighting of BAC at 8.82%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks


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