Bank of America Corporation (BAC) Ex-Dividend Date Scheduled for September 04, 2013


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Bank of America Corporation ( BAC ) will begin trading ex-dividend on September 04, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on September 27, 2013. Shareholders who purchased BAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that BAC has paid the same dividend. At the current stock price of $14.12, the dividend yield is .28%.

The previous trading day's last sale of BAC was $14.12, representing a -6.05% decrease from the 52 week high of $15.03 and a 79.19% increase over the 52 week low of $7.88.

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 $.55. Zacks Investment Research reports BAC's forecasted earnings growth in 2013 as 265.43%, compared to an industry average of 6.2%.

For more information on the declaration, record and payment dates, visit the BAC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

  • iShares Dow Jones U.S. Financial Services Index Fund ( IYG )
  • PowerShares KBW Bank Portfolio ETF ( KBWB )
  • Select Sector SPDR Fund - Financial ( XLF )
  • iShares Dow Jones U.S. Financials Index Fund ( IYF )
  • Vanguard Financials ETF ( VFH ).

The top-performing ETF of this group is KBWB with an increase of 9.44% over the last 100 days. IYG has the highest percent weighting of BAC at 8.22%.

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

This article appears in: News Headlines Stocks

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