Bank of America Corporation (BAC) Yield on Cost (YOC): 2.05%
The yield on cost (YOC) for Bank of America Corporation (BAC) is 2.05%.
BAC Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
2.05%
Yield on Cost for BAC
BAC now pays $1.12 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-08) | $14.43 | 7.76% |
| 5 years ago(2021-06-16) | $41.62 | 2.69% |
| 3 years ago(2023-06-06) | $29.23 | 3.83% |
| 1 year ago(2025-06-10) | $45.09 | 2.48% |
| Buying today(at $54.54) | $54.54 | 2.05% |
If you buy today and the dividend keeps growing
Projection: starting from today's 2.05% yield, assuming the dividend keeps compounding at its historical 8.4% rate. Boards set dividends each year, so actual figures will differ.
Today
2.05%
In 3 years
2.84%
In 5 years
3.53%
In 10 years
6.08%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Bank of America Corporation (BAC).
Starting Yield
2.05%
Ending YOC
6.93%
Year 15 Dividend
$3.78
Cum. Dividends Recd.
$34.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.12 | — | 2.05% | $0.00 |
| Year 1 | $1.21 | +8.45% | 2.23% | $1.21 |
| Year 2 | $1.32 | +8.45% | 2.42% | $2.53 |
| Year 3 | $1.43 | +8.45% | 2.62% | $3.96 |
| Year 4 | $1.55 | +8.45% | 2.84% | $5.51 |
| Year 5 | $1.68 | +8.45% | 3.08% | $7.19 |
| Year 6 | $1.82 | +8.45% | 3.34% | $9.01 |
| Year 7 | $1.98 | +8.45% | 3.62% | $10.99 |
| Year 8 | $2.14 | +8.45% | 3.93% | $13.13 |
| Year 9 | $2.32 | +8.45% | 4.26% | $15.46 |
| Year 10 | $2.52 | +8.45% | 4.62% | $17.98 |
| Year 11 | $2.73 | +8.45% | 5.01% | $20.71 |
| Year 12 | $2.96 | +8.45% | 5.44% | $23.67 |
| Year 13 | $3.22 | +8.45% | 5.90% | $26.89 |
| Year 14 | $3.49 | +8.45% | 6.39% | $30.38 |
| Year 15 | $3.78 | +8.45% | 6.93% | $34.16 |
Bank of America Corporation Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Bank of America Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Bank of America Corporation (BAC)?
- The yield on cost (YOC) for BAC stock is 2.05%.
About Bank of America Corporation
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Brian Thomas Moynihan