SmarterDividends
BML-PJ

Bank of America (BML-PJ) Dividend

Bank of America Corporation · Financial Services · Banks - Diversified · quarterly payer

$19.16

Undervalued · +96% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
Nov 13, 2026Higher$0.299 → $0.305+2.2%
Aug 14, 2026Higher$0.289 → $0.299+3.3%
May 15, 2026Lower$0.307 → $0.289−5.8%
Feb 13, 2026Lower$0.333 → $0.307−7.9%
Nov 14, 2025Lower$0.341 → $0.333−2.3%
Aug 15, 2025Higher$0.329 → $0.341+3.7%
May 15, 2025Lower$0.353 → $0.329−6.8%
Feb 14, 2025Lower$0.389 → $0.353−9.3%
Nov 15, 2024Lower$0.406 → $0.389−4.0%
Aug 15, 2024Higher$0.397 → $0.406+2.2%
May 14, 2024Lower$0.409 → $0.397−2.9%
Nov 14, 2023Higher$0.397 → $0.409+3.0%
BML-PJ ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BML-PJ dividend historyEvery payment, totals by year, raises and cutsView →BML-PJ dividend calculator100 shares pay $123.00 a year, $30.75 each quarterCalculate →BML-PJ total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

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.