BAC vs BNY: Which Is the Better Dividend Stock?
As of Oct 24, 2026, BNY (The Bank of New York Mellon Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.53%, BAC 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 BNY
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.53%, versus 1.53% for The Bank of New York Mellon Corporation (BNY).
- As of Oct 24, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and BNY's C (59/100).
- By SmarterDividends' count as of Oct 24, 2026, BAC has raised its dividend for 12 consecutive years and BNY for 15.
- As of Oct 24, 2026, BAC pays out 26% of its earnings as dividends and BNY pays out 25%.
- As of Oct 24, 2026, BAC's fair-value estimate is 25% above its share price and BNY's fair-value estimate is 8% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs BNY: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bac-vs-bny
| Metric | BAC | BNY |
|---|---|---|
| Forward yield | 2.53% | 1.53% |
| Annual dividend | $1.28 | $2.22 |
| Payout ratio | 26% | 25% |
| Years of growth | 12 yr | 15 yr |
| 5-yr dividend growth | 8.4% | 10.0% |
| 5-yr total return | 14% | 165% |
| Dividend safety score | 87 (A) | 59 (C) |
| Fair value estimate | $63.43 | $133.90 |
| Upside to fair value | +25% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $353.6B | $98.6B |
| P/E ratio | 12.1 | 16.1 |
Higher yield
BAC
2.53%
Safer dividend
BAC
Grade A
Faster growth
BNY
10.0%
Better value
BAC
+25% upside
BAC vs BNY — FAQ
Is BAC or BNY a better dividend stock?
On the data, BNY wins more head-to-head categories (5 vs 3). BAC offers the higher yield (2.53%), 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 BNY?
BAC has the higher forward dividend yield at 2.53%, versus 1.53% for BNY.
Is BAC or BNY safer?
BAC has the higher dividend-safety score (87/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BNY better value right now?
As of Oct 24, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For BNY, its fair-value estimate is 8% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.