SmarterDividends
BML-PL

Bank of America Corporation

BML-PL

Financial Services · Banks - Diversified · Stock · quarterly payer

$19.24

Undervalued · +19% Add to Portfolio

Forward Yield

6.07%

Annual Dividend

$1.17

Payout Ratio

—

5-Yr Growth

5.0%

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about BML-PL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Bank of America Corporation (BML-PL) has a forward dividend yield of 6.07%, based on an annual dividend of $1.17 per share and a share price of $19.24.
  • As of Oct 23, 2026, BML-PL's dividend safety grade from SmarterDividends is C (56 out of 100), which rates the dividend as borderline.
  • BML-PL last cut its regular dividend in 2025.
  • BML-PL's next ex-dividend date is Oct 30, 2026, with payment on Nov 23, 2026. Shares must be owned before that date to receive the dividend.
  • BML-PL's dividend has grown at an average rate of 5.0% a year over the past five years.
  • As of Oct 23, 2026, SmarterDividends' blended fair-value estimate for BML-PL is $22.92 per share, 19% above the $19.24 share price, so BML-PL screens as undervalued.
  • Bank of America Corporation (BML-PL) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "BML-PL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 23, 2026, https://smarterdividends.com/stocks/BML-PL

Summary

As of Oct 23, 2026, Bank of America Corporation (BML-PL) yields 6.07% ($1.17 a year per share) and has a dividend safety grade of C (56/100).

Is BML-PL a good dividend stock?

Mixed

Bank of America Corporation (BML-PL) pays a quarterly dividend yielding 6.07% ($1.17/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    6.07%
    Payout Ratio
    —
    Annual Dividend
    $1.17
    5-Yr Avg Growth
    5.0%
    Ex-Dividend Date
    Oct 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.21
    Market Cap
    —
    P/E Ratio
    5.5
    5-Yr Total Return
    -20%
    52-Week Range
    $18.17 – $20.83
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2025)

    BML-PL dividend changes

    Bank of America Corporation (BML-PL) pays a variable dividend: across the 72 payments on record since 2009, 21 were higher than the one before and 20 lower. The latest change was up 2.8% to $0.281 per share, going ex-dividend on Jul 31, 2026.

    Ex-dateChangeOld → newMove
    Jul 31, 2026Higher$0.274 → $0.281+2.8%
    May 1, 2026Lower$0.296 → $0.274−7.5%
    Jan 30, 2026Lower$0.318 → $0.296−7.0%
    Oct 31, 2025Lower$0.325 → $0.318−2.1%
    Aug 1, 2025Higher$0.315 → $0.325+3.2%
    May 1, 2025Lower$0.337 → $0.315−6.7%
    Jan 31, 2025Lower$0.376 → $0.337−10.3%
    Nov 1, 2024Lower$0.389 → $0.376−3.3%
    Aug 1, 2024Higher$0.380 → $0.389+2.4%
    Apr 30, 2024Lower$0.392 → $0.380−3.0%
    Oct 31, 2023Higher$0.376 → $0.392+4.5%
    Jul 31, 2023Higher$0.335 → $0.376+12.2%
    Every BML-PL payment →Download every raise and cut (CSV)
    BML-PL ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →BML-PL dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BML-PL a good dividend stock?

    Mixed. Bank of America Corporation (BML-PL) pays a quarterly dividend yielding 6.07% ($1.17/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is BML-PL undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BML-PL's fair value is about $22.92 versus a $19.24 share price — so it looks undervalued (+19% vs. fair value).

    Is BML-PL's dividend safe?

    BML-PL has a dividend-safety grade of C (56/100), 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-PL's fair value?

    Our blended fair-value estimate for BML-PL is about $22.92 per share, roughly 19% above the current $19.24 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BML-PL a buy, hold, or sell?

    We don't issue formal ratings, but on the data BML-PL screens as "mixed" and undervalued. Bank of America Corporation (BML-PL) pays a quarterly dividend yielding 6.07% ($1.17/yr), with 0 years of growth and a dividend-safety grade of C. 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-PL cut its dividend?

    BML-PL earns a dividend-safety grade of C (56/100), 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-PL pay a dividend?

    Yes. Bank of America Corporation pays a quarterly dividend of about $1.17 per share annually, a forward yield of roughly 6.07%.

    What is BML-PL's dividend yield?

    As of Oct 23, 2026, BML-PL's forward dividend yield is 6.07%, based on a $1.17 annual dividend and a $19.24 share price.

    What is BML-PL's dividend per share?

    As of Oct 23, 2026, BML-PL pays $1.17 per share per year, distributed on a quarterly basis.

    How many years has BML-PL grown its dividend?

    BML-PL does not currently have a long dividend-growth streak on record.

    When is the next BML-PL ex-dividend date?

    As of Oct 23, 2026, the next ex-dividend date on record for BML-PL is Oct 30, 2026.

    Income Calculator

    At $1.17 / yr per share

    Per payment (quarterly)$29.25
    Annual$117.00
    Monthly avg$9.75

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