
Bank of America (BML-PJ) Dividend
Bank of America Corporation · Financial Services · Banks - Diversified · quarterly payer
As of Nov 13, 2026, Bank of America (BML-PJ) pays a quarterly dividend of $0.3053 per share, or $1.23 a year, a 6.41% yield at its $19.16 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has a dividend safety grade of D.
Forward Yield
6.41%
Annual Dividend
$1.23
Payout Ratio
—
5-Yr Growth
5.9%
Ex-Date
Nov 13, 2026
Frequency
Quarterly
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Key facts about BML-PJ's dividend
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, Bank of America Corporation (BML-PJ) has a forward dividend yield of 6.41%, based on an annual dividend of $1.23 per share and a share price of $19.16.
- As of Nov 13, 2026, BML-PJ's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
- BML-PJ pays a variable dividend: the amount moves up and down from one payment to the next, so a lower payment is not a dividend cut.
- BML-PJ's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
- BML-PJ's dividend has grown at an average rate of 5.9% a year over the past five years.
- As of Nov 13, 2026, SmarterDividends' blended fair-value estimate for BML-PJ is $37.65 per share, 96% above the $19.16 share price, so BML-PJ screens as undervalued.
- Bank of America Corporation (BML-PJ) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "BML-PJ Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 13, 2026, https://smarterdividends.com/stocks/BML-PJ
Is BML-PJ a good dividend stock?
MixedBank of America Corporation (BML-PJ) pays a quarterly dividend yielding 6.41% ($1.23/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.9% 5-yr dividend growth
Risks
- Variable payout: the amount moves up and down with each payment
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 6.41%
- Payout Ratio
- —
- Annual Dividend
- $1.23
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Nov 13, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.19
- Market Cap
- —
- P/E Ratio
- 5.5
- 5-Yr Total Return
- -22%
- 52-Week Range
- $18.83 – $21.25
- Dividend Safety
- D · 48/100
- Ever Cut?
- Variable payer
BML-PJ dividend changes
Bank of America Corporation (BML-PJ) pays a variable dividend: across the 73 payments on record since 2009, 22 were higher than the one before and 21 lower. The latest change was up 2.2% to $0.305 per share, going ex-dividend on Nov 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 13, 2026 | Higher | $0.299 → $0.305 | +2.2% |
| Aug 14, 2026 | Higher | $0.289 → $0.299 | +3.3% |
| May 15, 2026 | Lower | $0.307 → $0.289 | −5.8% |
| Feb 13, 2026 | Lower | $0.333 → $0.307 | −7.9% |
| Nov 14, 2025 | Lower | $0.341 → $0.333 | −2.3% |
| Aug 15, 2025 | Higher | $0.329 → $0.341 | +3.7% |
| May 15, 2025 | Lower | $0.353 → $0.329 | −6.8% |
| Feb 14, 2025 | Lower | $0.389 → $0.353 | −9.3% |
| Nov 15, 2024 | Lower | $0.406 → $0.389 | −4.0% |
| Aug 15, 2024 | Higher | $0.397 → $0.406 | +2.2% |
| May 14, 2024 | Lower | $0.409 → $0.397 | −2.9% |
| Nov 14, 2023 | Higher | $0.397 → $0.409 | +3.0% |
Frequently Asked Questions
Is BML-PJ a good dividend stock?
Mixed. Bank of America Corporation (BML-PJ) pays a quarterly dividend yielding 6.41% ($1.23/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is BML-PJ undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BML-PJ's fair value is about $37.65 versus a $19.16 share price — so it looks undervalued (+96% vs. fair value).
Is BML-PJ's dividend safe?
BML-PJ has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is BML-PJ's fair value?
Our blended fair-value estimate for BML-PJ is about $37.65 per share, roughly 96% above the current $19.16 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BML-PJ a buy, hold, or sell?
We don't issue formal ratings, but on the data BML-PJ screens as "mixed" and undervalued. Bank of America Corporation (BML-PJ) pays a quarterly dividend yielding 6.41% ($1.23/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will BML-PJ cut its dividend?
BML-PJ earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BML-PJ pay a dividend?
Yes. Bank of America Corporation pays a quarterly dividend of about $1.23 per share annually, a forward yield of roughly 6.41%.
How much dividend does 100 shares of BML-PJ pay?
At $1.23 per share a year, 100 shares of BML-PJ pay $123.00 a year in dividends before tax, about $30.75 each quarter. Buying them costs about $1,916 at the Nov 13, 2026 price.
What is BML-PJ's dividend yield?
As of Nov 13, 2026, BML-PJ's forward dividend yield is 6.41%, based on a $1.23 annual dividend and a $19.16 share price.
What is BML-PJ's dividend per share?
As of Nov 13, 2026, BML-PJ pays $1.23 per share per year, distributed on a quarterly basis.
How many years has BML-PJ grown its dividend?
BML-PJ does not currently have a long dividend-growth streak on record.
When is the next BML-PJ ex-dividend date?
As of Nov 13, 2026, the next ex-dividend date on record for BML-PJ is Nov 13, 2026.
BML-PJ Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-12%
5 Years
-22%
52-Week Range
$18.83 – $21.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BML-PJ worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bank of America Corporation is $37.65 per share, versus a market price of $19.16. That implies 96% of upside — a margin of safety of about 49%.
Fair Value
$37.65
Current Price
$19.16
Upside
+96%
Margin of Safety
49%
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: 10.3% discount rate (CAPM), 5.7% growth for five years fading to 2.5% over the next five, $3.51 EPS, $1.23 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BML-PJ Dividend Safety Score
Risky
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
Full BML-PJ dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Nov 13, 2026 | — | $0.3053 | regular |
| Aug 14, 2026 | Aug 28, 2026 | $0.2986 | regular |
| May 15, 2026 | May 28, 2026 | $0.2892 | regular |
| Feb 13, 2026 | Feb 27, 2026 | $0.3069 | regular |
| Nov 14, 2025 | Nov 28, 2025 | $0.3333 | regular |
| Aug 15, 2025 | Aug 28, 2025 | $0.3413 | regular |
| May 15, 2025 | May 28, 2025 | $0.3291 | regular |
| Feb 14, 2025 | Feb 28, 2025 | $0.3530 | regular |
| Nov 15, 2024 | Nov 29, 2024 | $0.3892 | regular |
| Aug 15, 2024 | Aug 28, 2024 | $0.4055 | regular |
| May 14, 2024 | May 28, 2024 | $0.3968 | regular |
| Feb 14, 2024 | Feb 28, 2024 | $0.4088 | regular |
| Nov 14, 2023 | Nov 28, 2023 | $0.4089 | regular |
| Aug 14, 2023 | Aug 29, 2023 | $0.3970 | regular |
Income Calculator
At $1.23 / yr per share
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