Bank of America (BML-PJ) Dividend Calculator
Bank of America Corporation · how much BML-PJ pays you, by shares or dollars · updated
100 shares of Bank of America (BML-PJ) pay $123.00 a year in dividends, about $30.53 each quarter, at the current quarterly dividend of $0.3053 per share (as of Nov 13, 2026). At the $19.16 share price that is a 6.42% yield, so $10,000 buys about 521.9 shares and pays about $642 a year. To get the next payment, buy by Nov 12, 2026.
Per share, a year
$1.23
100 shares, a year
$123.00
$10,000 invested, a year
$641.96
Shares for $1,000 a month
9,757
BML-PJ Bank of America Corporation
$19.16 · $1.23/yr dividend · 6.41% yield · quarterly
Annual income
$123.00
Monthly (average)
$10.25
Per payment (quarterly)
$30.75
Dividend yield
6.42%
Yield on cost
—
Enter your cost
Position value
$1,916
Your payments over the next 12 months
Based on BML-PJ's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 5.94% a year
Same shares, no reinvestment. Year 10: $207 · 10-year total: $1,617. Add reinvestment in the DRIP calculator →
How many BML-PJ shares for a monthly income
Shares and money needed to earn each monthly amount from Bank of America dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 976 | $18,700 |
| $250 a month | 2,440 | $46,750 |
| $500 a month | 4,879 | $93,482 |
| $1,000 a month | 9,757 | $186,944 |
| $2,000 a month | 19,513 | $373,869 |
| $5,000 a month | 48,781 | $934,644 |
What 100 shares of BML-PJ paid each year
Holding 100 shares, you would have received $101.67 in 2016 and $135.67 in 2025, up 33%, without buying another share. If the dividend kept growing 5.9% a year, its five-year pace, the same 100 shares would pay about $207 in year 10. That is a projection, not a promise.
When you get the next BML-PJ dividend
Last day to buy
Nov 12, 2026
Ex-dividend date
Nov 13, 2026
Pay date
Nov 27, 2026
Buy BML-PJ by the close on the last day to buy and you are paid $0.3053 per share on Nov 27, 2026. Buy on the ex-dividend date or later and the seller gets it. BML-PJ ex-dividend dates →
How the BML-PJ dividend is calculated
Yearly income = shares × $1.23
Each payment = shares × $0.3053
Shares for a monthly income = (monthly goal × 12) ÷ $1.23
The rate is Bank of America's current dividend as of Nov 13, 2026. A board can raise, cut or skip a dividend, so check the BML-PJ dividend safety grade before counting on it.
Key facts: Bank of America (BML-PJ) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, 100 shares of Bank of America (BML-PJ) pay $123.00 a year in dividends before tax, about $30.53 each quarter, at $1.23 per share a year.
- At its Nov 13, 2026 share price of $19.16, BML-PJ yields 6.42%: $10,000 buys about 521.9 shares, which pay about $641.96 a year.
- Earning $1,000 a month ($12,000 a year) from BML-PJ dividends alone takes about 9,757 shares, roughly $186,944 at today's price, before tax.
- 100 shares of BML-PJ paid $101.67 in dividends in 2016 and $135.67 in 2025, up 33%.
- The next BML-PJ dividend goes ex-dividend on Nov 13, 2026 and is paid on Nov 27, 2026; the last day to buy shares and receive it is Nov 12, 2026.
Cite this page
SmarterDividends, "Bank of America (BML-PJ) Dividend Calculator," updated Nov 13, 2026, https://smarterdividends.com/stocks/BML-PJ/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of BML-PJ pay?
As of Nov 13, 2026, 100 shares of Bank of America (BML-PJ) pay $123.00 a year in dividends before tax, about $30.53 each quarter, at $1.23 per share a year.
How much dividend does 1,000 shares of BML-PJ pay?
About $1,230 a year before tax, or $305.31 each quarter, at Bank of America's current rate of $1.23 per share a year. Buying 1,000 shares costs about $19,160 at the Nov 13, 2026 price.
How many shares of BML-PJ do I need to make $1,000 a month?
About 9,757 shares. $1,000 a month is $12,000 a year; divided by $1.23 a share, that's 9,757 shares, or about $186,944 at today's $19.16 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in BML-PJ to make $100 a month?
About $18,693. $100 a month is $1,200 a year, and at a 6.42% yield that takes $18,693, or about 976 shares.
How often does Bank of America pay dividends?
Bank of America (BML-PJ) pays every quarter, usually in February, May, August and November, so you get 4 payments a year of about $0.3053 per share each.
How is the BML-PJ dividend calculated?
Multiply your shares by the dividend per share. Bank of America pays about $1.23 per share a year, so each share earns $1.23 a year and $0.3053 each quarter. Shares bought on or after the ex-dividend date don't get the next payment.
Are BML-PJ dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 13, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to BML-PJ