BAC vs COF: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BAC and COF are closely matched. BAC offers the higher yield at 2.48%, 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 COF
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.48%, versus 1.55% for Capital One Financial Corporation (COF).
- As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and COF's B (73/100).
- By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and COF for 1.
- As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and COF pays out 20%.
- As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and COF's fair-value estimate is 13% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs COF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-cof
| Metric | BAC | COF |
|---|---|---|
| Forward yield | 2.48% | 1.55% |
| Annual dividend | $1.28 | $3.20 |
| Payout ratio | 28% | 20% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 21.1% |
| 5-yr total return | 12% | 46% |
| Dividend safety score | 87 (A) | 73 (B) |
| Fair value estimate | $63.43 | $232.56 |
| Upside to fair value | +25% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $349.9B | $123.4B |
| P/E ratio | 12.1 | 12.6 |
Higher yield
BAC
2.48%
Safer dividend
BAC
Grade A
Faster growth
COF
21.1%
Better value
BAC
+25% upside
BAC vs COF — FAQ
Is BAC or COF a better dividend stock?
BAC and COF are closely matched. BAC has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or COF?
BAC has the higher forward dividend yield at 2.48%, versus 1.55% for COF.
Is BAC or COF safer?
BAC has the higher dividend-safety score (87/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or COF better value right now?
As of Nov 5, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For COF, its fair-value estimate is 13% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.