BAC vs CGBD: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CGBD offers the higher yield at 12.88%, BAC has the higher dividend-safety score, and CGBD looks like the better value (its fair-value estimate is 43% above its share price).
Key facts: BAC vs CGBD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Carlyle Secured Lending, Inc. (CGBD) has the higher forward dividend yield at 12.88%, versus 2.59% for Bank of America Corporation (BAC).
- As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and CGBD's D (47/100).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and CGBD for 0.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and CGBD pays out 310%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and CGBD's fair-value estimate is 43% above its share price, so CGBD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs CGBD: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-cgbd
| Metric | BAC | CGBD |
|---|---|---|
| Forward yield | 2.59% | 12.88% |
| Annual dividend | $1.28 | $1.40 |
| Payout ratio | 28% | 310% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 2.3% |
| 5-yr total return | 11% | -18% |
| Dividend safety score | 85 (A) | 47 (D) |
| Fair value estimate | $63.64 | $15.95 |
| Upside to fair value | +29% | +43% |
| Frequency | quarterly | quarterly |
| Market cap | $341.0B | $759.7M |
| P/E ratio | 11.8 | 21.9 |
Higher yield
CGBD
12.88%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
CGBD
+43% upside
BAC vs CGBD — FAQ
Is BAC or CGBD a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). CGBD offers the higher yield (12.88%), 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 CGBD?
CGBD has the higher forward dividend yield at 12.88%, versus 2.59% for BAC.
Is BAC or CGBD safer?
BAC has the higher dividend-safety score (85/100 vs 47/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or CGBD better value right now?
As of Nov 8, 2026, CGBD looks like the better value: its fair-value estimate is 43% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.