Bancroft Fund Ltd.
BCV-PAStock · quarterly payer
Forward Yield
6.44%
Annual Dividend
$1.34
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
—
Frequency
Quarterly
Summary
As of June 2026, Bancroft Fund Ltd. (BCV-PA) yields 6.44% ($1.34 per share annually), with a blended fair-value estimate of $39.33 — +86% upside, so it screens as undervalued. Dividend safety grade: A (81/100).
Is BCV-PA a good dividend stock?
YesBancroft Fund Ltd. (BCV-PA) pays a quarterly dividend yielding 6.44% ($1.34/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.44%
- Payout Ratio
- —
- Annual Dividend
- $1.34
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.00
- Market Cap
- —
- P/E Ratio
- 2.8
- 5-Yr Total Return
- -17%
- 52-Week Range
- $20.00 – $22.84
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
Frequently Asked Questions
BCV-PA Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-11%
5 Years
-17%
52-Week Range
$20.00 – $22.84
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BCV-PA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bancroft Fund Ltd. is $39.33 per share, versus a market price of $21.12. That implies 86% of upside — a margin of safety of about 46%.
Fair Value
$39.33
Current Price
$21.12
Upside
+86%
Margin of Safety
46%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $7.36 EPS, $1.34 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BCV-PA Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Jun 18, 2026 | — | $0.3359 | regular |
| Mar 19, 2026 | — | $0.3359 | regular |
| Dec 18, 2025 | — | $0.3359 | regular |
| Sep 19, 2025 | — | $0.3359 | regular |
| Jun 18, 2025 | — | $0.3359 | regular |
| Mar 19, 2025 | — | $0.3359 | regular |
| Dec 18, 2024 | — | $0.3359 | regular |
| Sep 19, 2024 | — | $0.3359 | regular |
| Jun 18, 2024 | — | $0.3359 | regular |
| Mar 18, 2024 | — | $0.3359 | regular |
| Dec 15, 2023 | — | $0.3359 | regular |
| Sep 18, 2023 | — | $0.3359 | regular |
| Jun 15, 2023 | — | $0.3359 | regular |
| Mar 17, 2023 | — | $0.3359 | regular |
Income Calculator
At $1.34 / yr per share
