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BML-PJ
Bank of America CorporationNYSE

BML-PJ Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Bank of America Corporation. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
$20.20
0.07% today
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Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: $2,020.00
Shares: 100

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0% (No Growth)

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0% (No Growth)

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DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
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0% (Tax-Advantaged)

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The Snowball Effect: DRIP vs No DRIP

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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is BML-PJ a Good Investment for 2026?

Based on the current price of $20.20, BML-PJ offers a compelling dividend yield of 5.73%. This is higher than the S&P 500 average.

Historically, Bank of America Corporation has raised its payouts by an average of 5.9% annually over the last 5 years.

With a payout ratio of 30%, the dividend appears safe.

BML-PJ vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend Growth
BMLP_logo
BML-PJ
Bank of America Corporation
1.16%5.9%ACTIVE
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JPM
JPMorgan Chase & Co
6%10.2%Calculate →
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Main Street Capital Corporation
3.21%11.5%Calculate →
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V
Visa Inc
2.68%15%Calculate →

Frequently Asked Questions about BML-PJ

How much does BML-PJ pay per share?

BML-PJ currently pays an annual dividend of $1.16 per share, distributed quarterly.

When is the next ex-dividend date for BML-PJ?

The next ex-dividend date for BML-PJ is expected to be May 15, 2026. To receive the payment, you must own the stock before this date.

Is BML-PJ a good dividend stock?

BML-PJ has a dividend yield of 5.73% and has grown its dividend for 0 years. Its payout ratio is 30%, indicating strong dividend sustainability.
Your Annual Dividend Income
$98.32
Monthly: $8.19
Value after 10 Years:$5,271.96
Future Yield on Cost:16.3%
Total Dividends Earned:$1,642.64
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BML-PJ Dividend Health Check

Dividend Yield5.73%
High Yield
Payout Safety
Safe
Payout ratio: 30.4%
Growth Streak0 y
Dividend growth streak is not yet established
Short History
Payment FrequencyQuarterly
4 payments per year
Next expected payment:
May 28, 2026