BAC vs CFG: Which Is the Better Dividend Stock?
As of Oct 24, 2026, BAC and CFG are closely matched. CFG offers the higher yield at 3.19%, CFG 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 CFG
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Citizens Financial Group, Inc. (CFG) has the higher forward dividend yield at 3.19%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 24, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and CFG's A (88/100).
- By SmarterDividends' count as of Oct 24, 2026, BAC has raised its dividend for 12 consecutive years and CFG for 1.
- As of Oct 24, 2026, BAC pays out 26% of its earnings as dividends and CFG pays out 39%.
- As of Oct 24, 2026, BAC's fair-value estimate is 25% above its share price and CFG's fair-value estimate is 22% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs CFG: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bac-vs-cfg
| Metric | BAC | CFG |
|---|---|---|
| Forward yield | 2.53% | 3.19% |
| Annual dividend | $1.28 | $2.08 |
| Payout ratio | 26% | 39% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 2.0% |
| 5-yr total return | 14% | 38% |
| Dividend safety score | 87 (A) | 88 (A) |
| Fair value estimate | $63.43 | $79.28 |
| Upside to fair value | +25% | +22% |
| Frequency | quarterly | quarterly |
| Market cap | $353.6B | $27.4B |
| P/E ratio | 12.1 | 14.2 |
Higher yield
CFG
3.19%
Safer dividend
CFG
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+25% upside
BAC vs CFG — FAQ
Is BAC or CFG a better dividend stock?
BAC and CFG are closely matched. CFG has the higher yield; CFG scores better on safety.
Which has a higher dividend yield, BAC or CFG?
CFG has the higher forward dividend yield at 3.19%, versus 2.53% for BAC.
Is BAC or CFG safer?
CFG has the higher dividend-safety score (88/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or CFG 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 CFG, its fair-value estimate is 22% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.