SmarterDividends

BAC vs BGH: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BGH offers the higher yield at 11.57%, BAC has the higher dividend-safety score, and BGH looks like the better value (its fair-value estimate is 32% above its share price).

Key facts: BAC vs BGH

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Barings Global Short Duration High Yield Fund (BGH) has the higher forward dividend yield at 11.57%, versus 2.59% for Bank of America Corporation (BAC).
  • As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and BGH's C (59/100).
  • By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and BGH for 2.
  • As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and BGH pays out 194%.
  • As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and BGH's fair-value estimate is 32% above its share price, so BGH looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs BGH: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-bgh

MetricBACBGH
Forward yield2.59%11.57%
Annual dividend$1.28$1.47
Payout ratio28%194%
Years of growth12 yr2 yr
5-yr dividend growth8.4%1.2%
5-yr total return11%-24%
Dividend safety score85 (A)59 (C)
Fair value estimate$63.64$16.77
Upside to fair value+29%+32%
Frequencyquarterlymonthly
Market cap$341.0B—
P/E ratio11.816.9

Higher yield

BGH

11.57%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BGH

+32% upside

BAC vs BGH — FAQ

Is BAC or BGH a better dividend stock?

On the data, BAC wins more head-to-head categories (5 vs 3). BGH offers the higher yield (11.57%), 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 BGH?

BGH has the higher forward dividend yield at 11.57%, versus 2.59% for BAC.

Is BAC or BGH safer?

BAC has the higher dividend-safety score (85/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or BGH better value right now?

As of Nov 8, 2026, BGH looks like the better value: its fair-value estimate is 32% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.

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