SmarterDividends

BAC vs CG: Which Is the Better Dividend Stock?

As of Nov 14, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CG offers the higher yield at 3.52%, 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 CG

Data as of · Source: SmarterDividends data

  • As of Nov 14, 2026, The Carlyle Group Inc. (CG) has the higher forward dividend yield at 3.52%, versus 2.51% for Bank of America Corporation (BAC).
  • As of Nov 14, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and CG's C (53/100).
  • By SmarterDividends' count as of Nov 14, 2026, BAC has raised its dividend for 12 consecutive years and CG for 0.
  • As of Nov 14, 2026, BAC pays out 28% of its earnings as dividends and CG pays out 147%.
  • As of Nov 14, 2026, BAC's fair-value estimate is 25% above its share price and CG's fair-value estimate is 41% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs CG: Dividend Yield, Safety & Value Compared," updated Nov 14, 2026, https://smarterdividends.com/compare/bac-vs-cg

MetricBACCG
Forward yield2.51%3.52%
Annual dividend$1.28$1.40
Payout ratio28%147%
Years of growth12 yr0 yr
5-yr dividend growth8.4%7.0%
5-yr total return15%-27%
Dividend safety score85 (A)53 (C)
Fair value estimate$63.64$23.49
Upside to fair value+25%-41%
Frequencyquarterlyquarterly
Market cap$352.0B$14.1B
P/E ratio12.241.9

Higher yield

CG

3.52%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+25% upside

BAC vs CG — FAQ

Is BAC or CG a better dividend stock?

On the data, BAC wins more head-to-head categories (6 vs 2). CG offers the higher yield (3.52%), 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 CG?

CG has the higher forward dividend yield at 3.52%, versus 2.51% for BAC.

Is BAC or CG safer?

BAC has the higher dividend-safety score (85/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or CG better value right now?

As of Nov 14, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For CG, its fair-value estimate is 41% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.