Bancroft Fund Ltd.
BCVFinancial Services · Stock · quarterly payer
Forward Yield
6.61%
Annual Dividend
$1.64
Payout Ratio
20%
5-Yr Growth
2.5%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Summary
As of August 2026, Bancroft Fund Ltd. (BCV) yields 6.61% ($1.64 per share annually), with a blended fair-value estimate of $47.90 — +93% upside, so it screens as undervalued. Dividend safety grade: A (82/100). 1 years of dividend growth.
Is BCV a good dividend stock?
YesBancroft Fund Ltd. (BCV) pays a quarterly dividend yielding 6.61% ($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
- 6.61%
- 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
- 1.01
- Market Cap
- $138.7M
- P/E Ratio
- 3.7
- 5-Yr Total Return
- -16%
- 52-Week Range
- —
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2013)
Frequently Asked Questions
BCV Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
+57%
5 Years
-16%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BCV worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bancroft Fund Ltd. is $47.90 per share, versus a market price of $24.81. That implies 93% of upside — a margin of safety of about 48%.
Fair Value
$47.90
Current Price
$24.81
Upside
+93%
Margin of Safety
48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.4% discount rate (CAPM), 2.0% stage-1 growth, 2.5% terminal growth, $6.70 EPS, $1.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BCV Dividend Safety Score
Very 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 15, 2026 | — | $0.3500 | regular |
| Mar 17, 2026 | — | $0.3500 | regular |
| Nov 24, 2025 | — | $0.3500 | regular |
| Sep 16, 2025 | — | $0.3200 | regular |
| Jun 13, 2025 | — | $0.3200 | regular |
| Mar 17, 2025 | — | $0.3200 | regular |
| Nov 22, 2024 | — | $0.3200 | regular |
| Sep 16, 2024 | — | $0.3200 | regular |
| Jun 13, 2024 | — | $0.3200 | regular |
| Mar 13, 2024 | — | $0.3200 | regular |
| Nov 21, 2023 | — | $0.3200 | regular |
| Sep 14, 2023 | — | $0.3200 | regular |
| Jun 14, 2023 | — | $0.3200 | regular |
| Mar 16, 2023 | — | $0.3200 | regular |
Income Calculator
At $1.64 / yr per share
