ASG vs BAC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. ASG offers the higher yield at 9.48%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: ASG vs BAC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Liberty All-Star Growth Fund, Inc. (ASG) has the higher forward dividend yield at 9.48%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades ASG's dividend safety B (66/100) and BAC's A (87/100).
- By SmarterDividends' count as of Oct 18, 2026, ASG has raised its dividend for 0 consecutive years and BAC for 12.
- As of Oct 18, 2026, ASG pays out 62% of its earnings as dividends and BAC pays out 26%.
- As of Oct 18, 2026, ASG's fair-value estimate is 13% above its share price and BAC's fair-value estimate is 24% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ASG vs BAC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/asg-vs-bac
| Metric | ASG | BAC |
|---|---|---|
| Forward yield | 9.48% | 2.50% |
| Annual dividend | $0.47 | $1.28 |
| Payout ratio | 62% | 26% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | -1.4% | 8.4% |
| 5-yr total return | -44% | 15% |
| Dividend safety score | 66 (B) | 87 (A) |
| Fair value estimate | $5.62 | $63.43 |
| Upside to fair value | +13% | +24% |
| Frequency | quarterly | quarterly |
| Market cap | $316.0M | $358.2B |
| P/E ratio | 6.6 | 12.2 |
Higher yield
ASG
9.48%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+24% upside
ASG vs BAC — FAQ
Is ASG or BAC a better dividend stock?
On the data, BAC wins more head-to-head categories (7 vs 1). ASG offers the higher yield (9.48%), 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, ASG or BAC?
ASG has the higher forward dividend yield at 9.48%, versus 2.50% for BAC.
Is ASG or BAC safer?
BAC has the higher dividend-safety score (87/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is ASG or BAC better value right now?
As of Oct 18, 2026, BAC looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For ASG, its fair-value estimate is 13% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.