TextExploder for Adobe After Effects – Split Text Layers Into Characters, Words, Lines, & More
TextExploder from Mamoworld allows mograph artists to split text layers quickly by characters, words, lines, and custom splits via expressions. All while maintaining the position of the letters as they were in their previous grouped state.
Unfortunately, common with some other text modification scripts, it cannot determine and maintain custom size, font, kerning, and other text properties have been changed per line in a single layer. So if you have text size 15 on line 1, and size 22 on line 2, the plugin will separate the text but lose the custom formatting.
Other situations that the script is limited includes layers with keyframed positions, bounding box text, or 3D layers.
However unlike other solutions out there, it is creating complete layers containing only the text you want so the bounding boxes will be sized appropriately for easy selection. See the overview below:
Currently on sale at aescripts for $19.99, pretty reasonable for something you will use frequently. To really make it a must have I would prefer bounding box compatibility but maybe in the future.