Bank of America Corporation
BAC-PPFinancial Services · Stock · quarterly payer
Forward Yield
6.47%
Annual Dividend
$1.03
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Jul 15, 2026
Frequency
Quarterly
Summary
As of August 2026, Bank of America Corporation (BAC-PP) yields 6.47% ($1.03 per share annually), with a blended fair-value estimate of $20.44 — +28% upside, so it screens as undervalued. Dividend safety grade: C (63/100).
Is BAC-PP a good dividend stock?
Yes, with caveatsBank of America Corporation (BAC-PP) pays a quarterly dividend yielding 6.47% ($1.03/yr), with 0 years of growth and a dividend-safety grade of C. 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
- $1.03
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- —
- P/E Ratio
- 4.5
- 5-Yr Total Return
- -38%
- 52-Week Range
- —
- Dividend Safety
- C · 63/100
- Ever Cut?
- No
Frequently Asked Questions
BAC-PP Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-5%
5 Years
-38%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BAC-PP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bank of America Corporation is $20.44 per share, versus a market price of $15.94. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$20.44
Current Price
$15.94
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, $1.03 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BAC-PP Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Jul 15, 2026 | — | $0.2578 | regular |
| Apr 15, 2026 | — | $0.2578 | regular |
| Jan 15, 2026 | — | $0.2578 | regular |
| Oct 15, 2025 | — | $0.2578 | regular |
| Jul 15, 2025 | — | $0.2578 | regular |
| Apr 15, 2025 | — | $0.2578 | regular |
| Jan 15, 2025 | — | $0.2578 | regular |
| Oct 15, 2024 | — | $0.2578 | regular |
| Jul 15, 2024 | — | $0.2578 | regular |
| Apr 12, 2024 | — | $0.2578 | regular |
| Jan 11, 2024 | — | $0.2578 | regular |
| Oct 12, 2023 | — | $0.2578 | regular |
| Jul 13, 2023 | — | $0.2578 | regular |
| Apr 13, 2023 | — | $0.2578 | regular |
Income Calculator
At $1.03 / yr per share
