BAC vs BK: Which Is the Better Dividend Stock?
As of Jul 23, 2026, BK (Bank of New York Mellon Corp) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. BAC offers the higher yield at 2.48%, BK has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 25% above its share price).
Key facts: BAC vs BK
Data as of · Source: SmarterDividends data
- As of Jul 23, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.48%, versus 1.53% for Bank of New York Mellon Corp (BK).
- As of Jul 23, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and BK's A (90/100).
- By SmarterDividends' count as of Jul 23, 2026, BAC has raised its dividend for 12 consecutive years and BK for 15.
- As of Jul 23, 2026, BAC pays out 28% of its earnings as dividends and BK pays out 26%.
- As of Jul 23, 2026, BAC's fair-value estimate is 25% above its share price and BK's fair-value estimate is 15% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs BK: Dividend Yield, Safety & Value Compared," updated Jul 23, 2026, https://smarterdividends.com/compare/bac-vs-bk
| Metric | BAC | BK |
|---|---|---|
| Forward yield | 2.48% | 1.53% |
| Annual dividend | $1.28 | $2.12 |
| Payout ratio | 28% | 26% |
| Years of growth | 12 yr | 15 yr |
| 5-yr dividend growth | 8.4% | 10.0% |
| 5-yr total return | 12% | — |
| Dividend safety score | 87 (A) | 90 (A) |
| Fair value estimate | $63.43 | $116.65 |
| Upside to fair value | +25% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $349.9B | $94.1B |
| P/E ratio | 12.1 | 17.0 |
Higher yield
BAC
2.48%
Safer dividend
BK
Grade A
Faster growth
BK
10.0%
Better value
BAC
+25% upside
BAC vs BK — FAQ
Is BAC or BK a better dividend stock?
On the data, BK wins more head-to-head categories (5 vs 2). BAC offers the higher yield (2.48%), while BK 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 BK?
BAC has the higher forward dividend yield at 2.48%, versus 1.53% for BK.
Is BAC or BK safer?
BK has the higher dividend-safety score (90/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BK better value right now?
As of Jul 23, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For BK, its fair-value estimate is 15% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.