AGM vs BAC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, AGM (Federal Agricultural Mortgage Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AGM offers the higher yield at 3.09%, BAC has the higher dividend-safety score, and AGM looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: AGM vs BAC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Federal Agricultural Mortgage Corporation (AGM) has the higher forward dividend yield at 3.09%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades AGM's dividend safety A (83/100) and BAC's A (87/100).
- By SmarterDividends' count as of Oct 18, 2026, AGM has raised its dividend for 14 consecutive years and BAC for 12.
- As of Oct 18, 2026, AGM pays out 34% of its earnings as dividends and BAC pays out 26%.
- As of Oct 18, 2026, AGM's fair-value estimate is 43% above its share price and BAC's fair-value estimate is 24% above its share price, so AGM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AGM vs BAC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/agm-vs-bac
| Metric | AGM | BAC |
|---|---|---|
| Forward yield | 3.09% | 2.50% |
| Annual dividend | $6.30 | $1.28 |
| Payout ratio | 34% | 26% |
| Years of growth | 14 yr | 12 yr |
| 5-yr dividend growth | 13.4% | 8.4% |
| 5-yr total return | 68% | 15% |
| Dividend safety score | 83 (A) | 87 (A) |
| Fair value estimate | $291.45 | $63.43 |
| Upside to fair value | +43% | +24% |
| Frequency | quarterly | quarterly |
| Market cap | $2.2B | $358.2B |
| P/E ratio | 11.2 | 12.2 |
Higher yield
AGM
3.09%
Safer dividend
BAC
Grade A
Faster growth
AGM
13.4%
Better value
AGM
+43% upside
AGM vs BAC — FAQ
Is AGM or BAC a better dividend stock?
On the data, AGM wins more head-to-head categories (6 vs 2). AGM offers the higher yield (3.09%), while BAC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AGM or BAC?
AGM has the higher forward dividend yield at 3.09%, versus 2.50% for BAC.
Is AGM or BAC safer?
BAC has the higher dividend-safety score (87/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.
Is AGM or BAC better value right now?
As of Oct 18, 2026, AGM looks like the better value: its fair-value estimate is 43% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.