Bank of America Corporation
BML-PJFinancial Services · Stock · quarterly payer
Forward Yield
6.44%
Annual Dividend
$1.23
Payout Ratio
—
5-Yr Growth
5.9%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of August 2026, Bank of America Corporation (BML-PJ) yields 6.44% ($1.23 per share annually), with a blended fair-value estimate of $24.41 — +28% upside, so it screens as undervalued. Dividend safety grade: D (47/100).
Is BML-PJ a good dividend stock?
MixedBank of America Corporation (BML-PJ) pays a quarterly dividend yielding 6.44% ($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
- Cut its dividend in 2025
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 6.44%
- Payout Ratio
- —
- Annual Dividend
- $1.23
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- —
- P/E Ratio
- 5.4
- 5-Yr Total Return
- -26%
- 52-Week Range
- —
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BML-PJ Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
-10%
5 Years
-26%
52-Week Range
—
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 $24.41 per share, versus a market price of $19.08. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$24.41
Current Price
$19.08
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, $1.23 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.2986 | regular |
| May 15, 2026 | — | $0.2892 | regular |
| Feb 13, 2026 | — | $0.3069 | regular |
| Nov 14, 2025 | — | $0.3333 | regular |
| Aug 15, 2025 | — | $0.3413 | regular |
| May 15, 2025 | — | $0.3291 | regular |
| Feb 14, 2025 | — | $0.3530 | regular |
| Nov 15, 2024 | — | $0.3892 | regular |
| Aug 15, 2024 | — | $0.4055 | regular |
| May 14, 2024 | — | $0.3968 | regular |
| Feb 14, 2024 | — | $0.4088 | regular |
| Nov 14, 2023 | — | $0.4089 | regular |
| Aug 14, 2023 | — | $0.3970 | regular |
| May 12, 2023 | — | $0.3525 | regular |
Income Calculator
At $1.23 / yr per share
