BAC vs BOE: Which Is the Better Dividend Stock?
As of Oct 14, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BOE offers the higher yield at 8.40%, BAC has the higher dividend-safety score, and BOE looks like the better value (its fair-value estimate is 124% above its share price).
Key facts: BAC vs BOE
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, BlackRock Enhanced Global Dividend Trust (BOE) has the higher forward dividend yield at 8.40%, versus 2.37% for Bank of America Corporation (BAC).
- As of Oct 14, 2026, SmarterDividends grades BAC's dividend safety A (86/100) and BOE's B (68/100).
- By SmarterDividends' count as of Oct 14, 2026, BAC has raised its dividend for 12 consecutive years and BOE for 2.
- As of Oct 14, 2026, BAC pays out 26% of its earnings as dividends and BOE pays out 60%.
- As of Oct 14, 2026, BAC's fair-value estimate is 21% above its share price and BOE's fair-value estimate is 124% above its share price, so BOE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs BOE: Dividend Yield, Safety & Value Compared," updated Oct 14, 2026, https://smarterdividends.com/compare/bac-vs-boe
| Metric | BAC | BOE |
|---|---|---|
| Forward yield | 2.37% | 8.40% |
| Annual dividend | $1.12 | $0.99 |
| Payout ratio | 26% | 60% |
| Years of growth | 12 yr | 2 yr |
| 5-yr dividend growth | 8.4% | 5.7% |
| 5-yr total return | 14% | -2% |
| Dividend safety score | 86 (A) | 68 (B) |
| Fair value estimate | $65.09 | $26.44 |
| Upside to fair value | +21% | +124% |
| Frequency | quarterly | monthly |
| Market cap | $377.3B | $657.2M |
| P/E ratio | 12.5 | 7.2 |
Higher yield
BOE
8.40%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BOE
+124% upside
BAC vs BOE — FAQ
Is BAC or BOE a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). BOE offers the higher yield (8.40%), 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 BOE?
BOE has the higher forward dividend yield at 8.40%, versus 2.37% for BAC.
Is BAC or BOE safer?
BAC has the higher dividend-safety score (86/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BOE better value right now?
As of Oct 14, 2026, BOE looks like the better value: its fair-value estimate is 124% above its share price (undervalued). For BAC, its fair-value estimate is 21% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.