Bancroft Fund Ltd.

BCV

Financial Services · Asset Management · Stock · quarterly payer

$22.01

Undervalued · +114% Add to Portfolio

Forward Yield

7.45%

Annual Dividend

$1.64

Payout Ratio

20%

5-Yr Growth

2.5%

Ex-Date

Sep 16, 2026

Frequency

Quarterly

Key facts about BCV's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Bancroft Fund Ltd. (BCV) has a forward dividend yield of 7.45%, based on an annual dividend of $1.64 per share and a share price of $22.01.
As of Oct 18, 2026, BCV's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
BCV last cut its regular dividend in 2013.
BCV's most recent ex-dividend date was Sep 16, 2026, for a dividend of $0.41 per share.
As of Oct 18, 2026, BCV pays out 20% of its trailing 12-month earnings as dividends (its payout ratio).
BCV's dividend has grown at an average rate of 2.5% a year over the past five years.
As of Oct 18, 2026, BCV's 7.45% yield is 12% below its five-year average yield of 8.48%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BCV is $47.20 per share, 114% above the $22.01 share price, so BCV screens as undervalued.
Bancroft Fund Ltd. (BCV) pays its dividend quarterly, 4 times a year.
Bancroft Fund Ltd. (BCV) has raised its regular dividend 18 times and cut it 20 times across the 146 payments on record since 1990. Its most recent change was a 17.1% increase to $0.410 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Nov 25, 2015.

Cite this page

SmarterDividends, "BCV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BCV

Summary

As of Oct 18, 2026, Bancroft Fund Ltd. (BCV) yields 7.45% ($1.64 a year per share) and has a dividend safety grade of A (82/100).

Is BCV a good dividend stock?

Yes

Bancroft Fund Ltd. (BCV) pays a quarterly dividend yielding 7.45% ($1.64/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Comfortable payout ratio (20%)
Top-tier dividend safety score

Risks

Cut its dividend in 2013
Share price is down over the past 5 years

Key Data

Dividend Yield: 7.45%
Payout Ratio: 20%
Annual Dividend: $1.64
5-Yr Avg Growth: 2.5%
Ex-Dividend Date: Sep 16, 2026
Years of Growth: 1
Frequency: quarterly
Beta: 1.02
Market Cap: $123.9M
P/E Ratio: 3.3
5-Yr Total Return: -20%
52-Week Range: $21.06 – $27.33
Dividend Safety: A · 82/100
Ever Cut?: Yes (2013)

BCV dividend raises and cuts

Bancroft Fund Ltd. (BCV) has raised its regular dividend 18 times and cut it 20 times across the 146 payments on record since 1990. Its most recent change was a 17.1% increase to $0.410 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Nov 25, 2015.

Ex-date	Change	Old → new	Move
Sep 16, 2026	Raise	$0.350 → $0.410	+17.1%
Nov 24, 2025	Raise	$0.320 → $0.350	+9.4%
Mar 16, 2021	Raise	$0.290 → $0.320	+10.3%
Mar 16, 2020	Raise	$0.250 → $0.290	+16.0%
Mar 14, 2016	Raise	$0.231 → $0.250	+8.2%
Nov 25, 2015	Cut	$0.257 → $0.231	−10.1%
Sep 8, 2015	Raise	$0.254 → $0.257	+1.2%
Jun 9, 2015	Raise	$0.250 → $0.254	+1.6%
Mar 10, 2015	Raise	$0.142 → $0.250	+76.1%
Nov 25, 2014	Raise	$0.120 → $0.142	+18.3%
Mar 11, 2013	Cut	$0.128 → $0.120	−6.3%
Mar 8, 2011	Cut	$0.216 → $0.128	−40.7%

Show all 38 changes since 1990

Ex-date	Change	Old → new	Move
Nov 23, 2010	Raise	$0.150 → $0.216	+44.0%
Mar 9, 2010	Cut	$0.256 → $0.150	−41.4%
Nov 24, 2009	Raise	$0.170 → $0.256	+50.6%
Mar 10, 2009	Cut	$0.190 → $0.170	−10.5%
Nov 25, 2008	Cut	$0.210 → $0.190	−9.5%
Mar 13, 2007	Raise	$0.180 → $0.210	+16.7%
Mar 14, 2006	Raise	$0.170 → $0.180	+5.9%
Mar 12, 2004	Raise	$0.160 → $0.170	+6.3%
Jun 11, 2003	Cut	$0.180 → $0.160	−11.1%
Jun 11, 2002	Cut	$0.200 → $0.180	−10.0%
Mar 11, 2002	Cut	$0.240 → $0.200	−16.7%
Jun 12, 2001	Raise	$0.210 → $0.240	+14.3%
Jun 13, 2000	Raise	$0.200 → $0.210	+5.0%
Sep 13, 1999	Cut	$0.210 → $0.200	−4.8%
Mar 12, 1999	Cut	$0.230 → $0.210	−8.7%
Mar 12, 1998	Cut	$0.280 → $0.230	−17.9%
Mar 7, 1996	Cut	$0.290 → $0.280	−3.4%
Mar 7, 1995	Cut	$0.300 → $0.290	−3.3%
Jun 7, 1994	Cut	$0.305 → $0.300	−1.6%
Mar 8, 1994	Cut	$0.310 → $0.305	−1.6%
Sep 7, 1993	Cut	$0.320 → $0.310	−3.1%
Mar 9, 1993	Raise	$0.105 → $0.320	+204.8%
Nov 23, 1992	Cut	$0.113 → $0.105	−7.1%
Jun 9, 1992	Cut	$0.116 → $0.113	−2.6%
Mar 7, 1991	Cut	$0.121 → $0.116	−4.1%
Dec 3, 1990	Raise	$0.116 → $0.121	+4.3%

Every BCV payment →Download every raise and cut (CSV)

BCV ex-dividend date & scheduleNext ex-date Sep 16, 2026 · full ex-dividend historyView →BCV dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BCV a good dividend stock?

Yes. Bancroft Fund Ltd. (BCV) pays a quarterly dividend yielding 7.45% ($1.64/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BCV undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BCV's fair value is about $47.20 versus a $22.01 share price — so it looks undervalued (+114% vs. fair value).

Is BCV's dividend safe?

BCV has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2013, debt and yield-versus-history.

What is BCV's fair value?

Our blended fair-value estimate for BCV is about $47.20 per share, roughly 114% above the current $22.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BCV a buy, hold, or sell?

We don't issue formal ratings, but on the data BCV screens as "yes" and undervalued. Bancroft Fund Ltd. (BCV) pays a quarterly dividend yielding 7.45% ($1.64/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will BCV cut its dividend?

BCV earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2013). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BCV pay a dividend?

Yes. Bancroft Fund Ltd. pays a quarterly dividend of about $1.64 per share annually, a forward yield of roughly 7.45%.

What is BCV's dividend yield?

As of Oct 18, 2026, BCV's forward dividend yield is 7.45%, based on a $1.64 annual dividend and a $22.01 share price.

What is BCV's dividend per share?

As of Oct 18, 2026, BCV pays $1.64 per share per year, distributed on a quarterly basis.

What is BCV's dividend payout ratio?

As of Oct 18, 2026, BCV's payout ratio is 20% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BCV grown its dividend?

As of Oct 18, 2026, BCV has increased its dividend for 1 consecutive years.

When is the next BCV ex-dividend date?

As of Oct 18, 2026, BCV's next ex-dividend date hasn't been announced. The most recent was Sep 16, 2026, for $0.41 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full BCV dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 16, 2026	Sep 23, 2026	$0.4100	regular
Jun 15, 2026	Jun 23, 2026	$0.3500	regular
Mar 17, 2026	Mar 24, 2026	$0.3500	regular
Nov 24, 2025	Dec 30, 2025	$0.3500	regular
Sep 16, 2025	Sep 23, 2025	$0.3200	regular
Jun 13, 2025	Jun 23, 2025	$0.3200	regular
Mar 17, 2025	Mar 24, 2025	$0.3200	regular
Nov 22, 2024	Dec 30, 2024	$0.3200	regular
Sep 16, 2024	Sep 23, 2024	$0.3200	regular
Jun 13, 2024	Jun 21, 2024	$0.3200	regular
Mar 13, 2024	Mar 21, 2024	$0.3200	regular
Nov 21, 2023	Dec 28, 2023	$0.3200	regular
Sep 14, 2023	Sep 22, 2023	$0.3200	regular
Jun 14, 2023	Jun 23, 2023	$0.3200	regular