SmarterDividends

BAC vs BAC-PB: Which Is the Better Dividend Stock?

As of Oct 29, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BAC-PB offers the higher yield at 6.82%, BAC has the higher dividend-safety score, and BAC-PB looks like the better value (its fair-value estimate is 35% above its share price).

Key facts: BAC vs BAC-PB

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, Bank of America Corporation (BAC-PB) has the higher forward dividend yield at 6.82%, versus 2.53% for Bank of America Corporation (BAC).
  • As of Oct 29, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and BAC-PB's B (78/100).
  • By SmarterDividends' count as of Oct 29, 2026, BAC has raised its dividend for 12 consecutive years and BAC-PB for 0.
  • As of Oct 29, 2026, BAC's fair-value estimate is 25% above its share price and BAC-PB's fair-value estimate is 35% above its share price, so BAC-PB looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs BAC-PB: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/bac-vs-bac-pb

MetricBACBAC-PB
Forward yield2.53%6.82%
Annual dividend$1.28$1.50
Payout ratio26%—
Years of growth12 yr0 yr
5-yr dividend growth8.4%0.0%
5-yr total return14%-16%
Dividend safety score87 (A)78 (B)
Fair value estimate$63.43$29.38
Upside to fair value+25%+35%
Frequencyquarterlyquarterly
Market cap$352.0B—
P/E ratio12.16.2

Higher yield

BAC-PB

6.82%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC-PB

+35% upside

BAC vs BAC-PB — FAQ

Is BAC or BAC-PB a better dividend stock?

On the data, BAC wins more head-to-head categories (4 vs 3). BAC-PB offers the higher yield (6.82%), 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, BAC or BAC-PB?

BAC-PB has the higher forward dividend yield at 6.82%, versus 2.53% for BAC.

Is BAC or BAC-PB safer?

BAC has the higher dividend-safety score (87/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or BAC-PB better value right now?

As of Oct 29, 2026, BAC-PB looks like the better value: its fair-value estimate is 35% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.