IPB Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 — dividend yield, history & ex-dividend dates
Bank of America Corporation (BAC) functions as a prominent financial holding company, delivering a wide spectrum of banking and non-banking financial services. Its operations are organized into five primary segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and an "All Other" category. The Consumer Banking division serves individual consumers and small businesses by providing various credit, banking, and investment offerings. GWIM is dedicated to furnishing clients with holistic solutions, which include investment management, brokerage services, banking products, and retirement planning options. Global Banking offers clients lending products, integrated working capital and treasury management systems, alongside underwriting and advisory services. The Global Markets segment provides institutional clients with sales, trading, and research expertise across diverse asset classes such as fixed income, credit, currencies, commodities, and equities. The "All Other" segment encompasses activities like asset and liability management, equity investments, non-core mortgage loans and their servicing, the financial impact of periodic adjustments to the mortgage servicing rights valuation model (for both core and non-core MSRs), other businesses in the process of liquidation, and residual expense allocations. Founded in 1904 by Amadeo Peter Giannini, the company's corporate headquarters are located in Charlotte, North Carolina.
Dividend Snapshot
Key Metrics
Current Yield
6.07%
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$1.5130
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
S Semi-Annual
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
56.7
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
39
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$24.94 – $26.75
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
-
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paying
22
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book
-
Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
IPB's dividend yield rose from 5.83% to 6.07% over the past ~90 days (+0.24 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.24 pp from the share price ($25.97 → $24.94). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 333 daily observations over the past 16 months, IPB's current yield is higher than approximately 100% of them. Our stored price history for IPB covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.7565 S | Regular | - | Jun 18, 2026 | Jun 18, 2026 | Jun 22, 2026 |
| $0.7565 S | Regular | - | Dec 19, 2025 | Dec 19, 2025 | Dec 22, 2025 |
| $0.7565 S | Regular | - | Jun 18, 2025 | Jun 18, 2025 | Jun 20, 2025 |
| $0.7565 S | Regular | - | Dec 19, 2024 | Dec 19, 2024 | Dec 20, 2024 |
| $0.7565 S | Regular | - | Jun 18, 2024 | Jun 18, 2024 | Jun 20, 2024 |
| $0.7565 S | Regular | - | Dec 18, 2023 | Dec 19, 2023 | Dec 20, 2023 |
| $0.7565 S | Regular | - | Jun 15, 2023 | Jun 16, 2023 | Jun 20, 2023 |
| $0.7560 S | Regular | - | Dec 16, 2022 | Dec 19, 2022 | Dec 20, 2022 |
| $0.7560 S | Regular | - | Jun 16, 2022 | Jun 17, 2022 | Jun 20, 2022 |
| $0.7560 S | Regular | - | Dec 16, 2021 | Dec 17, 2021 | Dec 20, 2021 |
| $0.7565 S | Regular | - | Jun 17, 2021 | Jun 18, 2021 | Jun 21, 2021 |
| $0.7560 S | Regular | - | Dec 17, 2020 | Dec 18, 2020 | Dec 21, 2020 |
| $0.7560 S | Regular | - | Jun 18, 2020 | Jun 19, 2020 | Jun 22, 2020 |
| $0.7560 S | Regular | - | Dec 18, 2019 | Dec 19, 2019 | Dec 20, 2019 |
| $0.7560 S | Regular | - | Jun 18, 2019 | Jun 19, 2019 | Jun 20, 2019 |
| $0.7560 S | Regular | Oct 03, 2018 | Dec 18, 2018 | Dec 19, 2018 | Dec 20, 2018 |
| $0.7560 S | Regular | Jun 01, 2018 | Jun 18, 2018 | Jun 19, 2018 | Jun 20, 2018 |
| $0.7560 S | Regular | Dec 01, 2017 | Dec 20, 2017 | Dec 19, 2017 | Dec 20, 2017 |
| $0.7560 S | Regular | Jun 06, 2017 | Jun 15, 2017 | Jun 19, 2017 | Jun 20, 2017 |
| $0.7560 S | Regular | Nov 28, 2016 | Dec 15, 2016 | Dec 19, 2016 | Dec 20, 2016 |
| $0.7560 S | Regular | May 25, 2016 | Jun 15, 2016 | Jun 17, 2016 | Jun 20, 2016 |
| $0.7560 S | Regular | Nov 30, 2015 | Dec 16, 2015 | Dec 18, 2015 | Dec 21, 2015 |
| $0.7560 S | Regular | May 27, 2015 | Jun 17, 2015 | Jun 19, 2015 | Jun 22, 2015 |
| $0.7560 S | Regular | Nov 28, 2014 | Dec 17, 2014 | Dec 19, 2014 | Dec 22, 2014 |
| $0.7560 S | Regular | May 28, 2014 | Jun 17, 2014 | Jun 19, 2014 | Jun 20, 2014 |
| $0.7560 S | Regular | Dec 02, 2013 | Dec 17, 2013 | Dec 19, 2013 | Dec 20, 2013 |
| $0.7560 S | Regular | May 31, 2013 | Jun 17, 2013 | Jun 19, 2013 | Jun 20, 2013 |
| $0.7560 S | Regular | Dec 05, 2012 | Dec 17, 2012 | Dec 19, 2012 | Dec 20, 2012 |
| $0.3030 S | Regular | Jun 07, 2012 | Jun 15, 2012 | Jun 19, 2012 | Jun 20, 2012 |
| $0.7560 S | Regular | Dec 06, 2011 | Dec 15, 2011 | Dec 19, 2011 | Dec 20, 2011 |
| $0.7560 S | Regular | Jun 03, 2011 | Jun 15, 2011 | Jun 17, 2011 | Jun 20, 2011 |
| $0.7560 S | Regular | Dec 08, 2010 | Dec 15, 2010 | Dec 17, 2010 | Dec 20, 2010 |
| $0.7560 S | Regular | Jun 18, 2010 | Jun 23, 2010 | Jun 19, 2010 | - |
| $0.7560 S | Regular | - | Dec 16, 2009 | Dec 18, 2009 | Dec 21, 2009 |
| $0.7560 S | Regular | - | Jun 17, 2009 | Jun 19, 2009 | Jun 22, 2009 |
| $0.7560 S | Regular | - | Dec 17, 2008 | Dec 19, 2008 | Dec 22, 2008 |
| $0.7560 S | Regular | - | Jun 17, 2008 | Jun 19, 2008 | Jun 20, 2008 |
| $0.7560 S | Regular | - | Dec 17, 2007 | Dec 19, 2007 | Dec 20, 2007 |
| $0.7560 S | Regular | - | Jun 15, 2007 | Jun 19, 2007 | Jun 20, 2007 |
| $0.7570 S | Regular | - | Dec 15, 2006 | Dec 19, 2006 | Dec 20, 2006 |
| $0.7560 S | Regular | - | Jun 15, 2006 | Jun 19, 2006 | Jun 20, 2006 |
| $0.7560 S | Regular | - | Dec 15, 2005 | Dec 19, 2005 | Dec 20, 2005 |
| $0.7560 S | Regular | - | Jun 15, 2005 | Jun 17, 2005 | Jun 20, 2005 |
| $0.7560 S | Regular | - | Dec 15, 2004 | Dec 17, 2004 | Dec 20, 2004 |
| $0.7560 S | Regular | - | Jun 16, 2004 | Jun 18, 2004 | Jun 21, 2004 |
Peer Comparison
Selected Financial - Credit Services dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| ORXCF | ORIX Corporation | 3.44% | 7.5% | 2 yrs | 81 |
| MFIN | Medallion Financial Corp. | 4.65% | -13.8% | 3 yrs | 78 |
| GCSSF | Gecoss Corporation | 5.98% | 6.8% | 3 yrs | 76 |
| AEOJF | AEON Financial Service Co., Ltd. | 4.23% | 4.9% | 1 yr | 75 |
Related Guides & Lists
IPB dividend — frequently asked questions
Does Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 pay a dividend?
Yes. Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 (IPB) currently pays a dividend. The annualized dividend is about $1.51 per share, a yield of approximately 6.07%.
What is Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1's dividend yield?
Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1's dividend yield is approximately 6.07%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 pay dividends?
Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 pays dividends semi-annually — 2 times per year.
How long has Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 paid dividends?
Merrill Lynch Depositor Inc. 6.0518% Index Plus Trust Series 2003-1 has 22 years of dividend payments on record.
Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.