BAC vs BCDRF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.48%, BAC has the higher dividend-safety score, and BCDRF looks like the better value (its fair-value estimate is 36% above its share price).
Key facts: BAC vs BCDRF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.48%, versus 2.38% for Banco Santander, S.A. (BCDRF).
- As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and BCDRF's C (54/100).
- By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and BCDRF for 4.
- As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and BCDRF pays out 25%.
- As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and BCDRF's fair-value estimate is 36% above its share price, so BCDRF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs BCDRF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-bcdrf
| Metric | BAC | BCDRF |
|---|---|---|
| Forward yield | 2.48% | 2.38% |
| Annual dividend | $1.28 | $0.28 |
| Payout ratio | 28% | 25% |
| Years of growth | 12 yr | 4 yr |
| 5-yr dividend growth | 8.4% | 1.3% |
| 5-yr total return | 12% | 259% |
| Dividend safety score | 87 (A) | 54 (C) |
| Fair value estimate | $63.43 | $16.25 |
| Upside to fair value | +25% | +36% |
| Frequency | quarterly | semiannual |
| Market cap | $349.9B | $171.9B |
| P/E ratio | 12.1 | 11.2 |
Higher yield
BAC
2.48%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BCDRF
+36% upside
BAC vs BCDRF — FAQ
Is BAC or BCDRF a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). BAC offers the higher yield (2.48%), 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, BAC or BCDRF?
BAC has the higher forward dividend yield at 2.48%, versus 2.38% for BCDRF.
Is BAC or BCDRF safer?
BAC has the higher dividend-safety score (87/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BCDRF better value right now?
As of Nov 5, 2026, BCDRF looks like the better value: its fair-value estimate is 36% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.