BAC vs BWG: Which Is the Better Dividend Stock?
As of Oct 24, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BWG offers the higher yield at 14.04%, BAC has the higher dividend-safety score, and BWG looks like the better value (its fair-value estimate is 91% above its share price).
Key facts: BAC vs BWG
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Legg Mason BW Global Income Opportunities Fund Inc. (BWG) has the higher forward dividend yield at 14.04%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 24, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and BWG's C (52/100).
- By SmarterDividends' count as of Oct 24, 2026, BAC has raised its dividend for 12 consecutive years and BWG for 0.
- As of Oct 24, 2026, BAC pays out 26% of its earnings as dividends and BWG pays out 109%.
- As of Oct 24, 2026, BAC's fair-value estimate is 25% above its share price and BWG's fair-value estimate is 91% above its share price, so BWG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs BWG: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bac-vs-bwg
| Metric | BAC | BWG |
|---|---|---|
| Forward yield | 2.53% | 14.04% |
| Annual dividend | $1.28 | $0.96 |
| Payout ratio | 26% | 109% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 2.5% |
| 5-yr total return | 14% | -42% |
| Dividend safety score | 87 (A) | 52 (C) |
| Fair value estimate | $63.43 | $13.09 |
| Upside to fair value | +25% | +91% |
| Frequency | quarterly | monthly |
| Market cap | $353.6B | $114.9M |
| P/E ratio | 12.1 | 7.8 |
Higher yield
BWG
14.04%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BWG
+91% upside
BAC vs BWG — FAQ
Is BAC or BWG a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). BWG offers the higher yield (14.04%), 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 BWG?
BWG has the higher forward dividend yield at 14.04%, versus 2.53% for BAC.
Is BAC or BWG safer?
BAC has the higher dividend-safety score (87/100 vs 52/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or BWG better value right now?
As of Oct 24, 2026, BWG looks like the better value: its fair-value estimate is 91% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.