Bank of America Corporation
BAC-PMFinancial Services · Stock · quarterly payer
Forward Yield
6.47%
Annual Dividend
$1.34
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of August 2026, Bank of America Corporation (BAC-PM) yields 6.47% ($1.34 per share annually), with a blended fair-value estimate of $26.60 — +28% upside, so it screens as undervalued. Dividend safety grade: B (69/100).
Is BAC-PM a good dividend stock?
Yes, with caveatsBank of America Corporation (BAC-PM) pays a quarterly dividend yielding 6.47% ($1.34/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.47%
- Payout Ratio
- —
- Annual Dividend
- $1.34
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- —
- P/E Ratio
- 5.9
- 5-Yr Total Return
- -23%
- 52-Week Range
- —
- Dividend Safety
- B · 69/100
- Ever Cut?
- No
Frequently Asked Questions
BAC-PM Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-3%
5 Years
-23%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BAC-PM worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bank of America Corporation is $26.60 per share, versus a market price of $20.78. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$26.60
Current Price
$20.78
Upside
+28%
Margin of Safety
22%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 10.1% discount rate (CAPM), 13.3% stage-1 growth, 2.5% terminal growth, $3.51 EPS, $1.34 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BAC-PM Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.3359 | regular |
| Feb 27, 2026 | — | $0.3359 | regular |
| Dec 1, 2025 | — | $0.3359 | regular |
| Aug 29, 2025 | — | $0.3359 | regular |
| May 30, 2025 | — | $0.3359 | regular |
| Feb 28, 2025 | — | $0.3359 | regular |
| Nov 29, 2024 | — | $0.3359 | regular |
| Aug 30, 2024 | — | $0.3359 | regular |
| May 31, 2024 | — | $0.3359 | regular |
| Feb 29, 2024 | — | $0.3359 | regular |
| Nov 30, 2023 | — | $0.3359 | regular |
| Aug 31, 2023 | — | $0.3359 | regular |
| May 31, 2023 | — | $0.3359 | regular |
| Feb 28, 2023 | — | $0.3359 | regular |
Income Calculator
At $1.34 / yr per share
