BAC vs BRO: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BRO (Brown & Brown, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.59%, BRO has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 29% above its share price).
Key facts: BAC vs BRO
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.59%, versus 0.92% for Brown & Brown, Inc. (BRO).
- As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and BRO's A (94/100).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and BRO for 32.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and BRO pays out 21%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and BRO'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 BRO: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-bro
| Metric | BAC | BRO |
|---|---|---|
| Forward yield | 2.59% | 0.92% |
| Annual dividend | $1.28 | $0.66 |
| Payout ratio | 28% | 21% |
| Years of growth | 12 yr | 32 yr |
| 5-yr dividend growth | 8.4% | 12.1% |
| 5-yr total return | 11% | 12% |
| Dividend safety score | 85 (A) | 94 (A) |
| Fair value estimate | $63.64 | $66.65 |
| Upside to fair value | +29% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $341.0B | $23.9B |
| P/E ratio | 11.8 | 22.8 |
Higher yield
BAC
2.59%
Safer dividend
BRO
Grade A
Faster growth
BRO
12.1%
Better value
BAC
+29% upside
BAC vs BRO — FAQ
Is BAC or BRO a better dividend stock?
On the data, BRO wins more head-to-head categories (5 vs 3). BAC offers the higher yield (2.59%), while BRO 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 BRO?
BAC has the higher forward dividend yield at 2.59%, versus 0.92% for BRO.
Is BAC or BRO safer?
BRO has the higher dividend-safety score (94/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BRO better value right now?
As of Nov 8, 2026, BAC looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For BRO, 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.